AIFMD Appointments

RNS Number : 9129M

Henderson High Income Trust PLC

21 July 2014

 



HENDERSON GLOBAL INVESTORS LIMITED

HENDERSON HIGH INCOME TRUST PLC

NOTICE OF ENTRY INTO ARRANGEMENTS WITH SERVICE PROVIDERS TO ENSURE COMPLIANCE WITH THE ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE (2011/61/EU) ("AIFMD")

21 JULY 2014

Henderson High Income Trust plc (the "Company") is pleased to announce that with effect from 22 July 2014 the Company has entered into the arrangements necessary to ensure compliance with the AIFMD.

Following a review of the Company's arrangements, the Company's board of Directors ("the Board") has approved the appointment of Henderson Investment Funds Ltd ("HIFL") as the Company's alternative investment fund manager (the "AIFM") on the terms of and subject to the conditions of a new investment management agreement between the Company and HIFL. The Company's existing investment management agreement between the Company and Henderson Global Investors Limited ("HGIL"), which is not authorised as an AIFM, has been terminated. The arrangements in respect of the management fee and performance fee remain unchanged.

The Board has also appointed HSBC Bank plc (the "Depositary") to act as the Company's depositary (as required by the AIFMD) on the terms and subject to the conditions of a depositary agreement between the Company, HIFL and the Depositary.

Henderson Secretarial Services Ltd will continue to act as the Corporate Secretary to the Company.

For enquiries please contact:

David Rice

Company Secretary

Henderson High Income Trust plc

Telephone: [phone]

James de Sausmarez

Director, Head of Investment Trusts

Henderson Global Investors

Telephone: [phone]

Sarah Gibbons-Cook

Investor Relations and PR Manager

Henderson Global Investors

Telephone: [phone]

 

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