AIFMD Arrangements

RNS Number : 0105N

Edinburgh Worldwide Inv Trust PLC

22 July 2014

 

Edinburgh Worldwide Investment Trust plc

AIFMD Arrangements

Edinburgh Worldwide Investment Trust plc ("the Company") announces the following in connection with the Alternative Investment Fund Managers Directive ("AIFMD"):

Alternative Investment Fund Manager and Company Secretary

The Company has appointed Baillie Gifford & Co Limited, a wholly owned subsidiary of Baillie Gifford & Co, as its alternative investment fund manager ("AIFM") and Company Secretary with effect from 1 July 2014.  The Company's existing investment management agreement with Baillie Gifford & Co has been terminated.  The new management agreement is made on the same commercial terms as the previous agreement with Baillie Gifford & Co.  Under these new arrangements, the Company's portfolio will continue to be managed by Baillie Gifford & Co by way of a delegation agreement between Baillie Gifford & Co Limited and Baillie Gifford & Co.

Depositary

The Company has appointed BNY Mellon Trust & Depositary (UK) Limited as its Depositary.

Pre-investment disclosure document

In addition, disclosures for potential investors in the Company (which Baillie Gifford & Co Limited is required to make available under the AIFMD) is available at www.edinburghworldwide.co.uk.

Baillie Gifford & Co Limited

Company Secretaries

 22 July 2014

 

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