Statement re Press Comment

RNS Number : 6193W

Liontrust Asset Management PLC

18 April 2023

 

DISCLOSURE OF INSIDE INFORMATION ACCORDING TO ARTICLE 17 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 (WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWL) ACT 2018)

FOR IMMEDIATE RELEASE

LIONTRUST ASSET MANAGEMENT PLC

Statement re Press Speculation

The Board of Liontrust Asset Management Plc ("Liontrust") notes recent press speculation and confirms that it is in discussions with GAM Holding AG ("GAM") regarding a proposed acquisition of the entire issued share capital of GAM by Liontrust (the "ProposedAcquisition"), with the intention of combining GAM's investment management business with Liontrust's investment management business.  

Liontrust confirms it has made an approach to the Board of GAM. There can be no certainty that this will lead to a formal offer in respect of the Proposed Acquisition, nor as to the timing or terms of any such offer and there can be no assurance that, even if agreement is reached, any such Proposed Acquisition would be completed.  

A further announcement will be made as and when appropriate.

For further information please contact:

Teneo (Tel: [phone], Email: [e-mail])

Tom Murray or Stephanie Mackrell

Liontrust Asset Management Plc (Tel: [phone], Website: liontrust.co.uk)

John Ions: Chief Executive

Vinay Abrol: Chief Financial Officer & Chief Operating Officer

Simon Hildrey: Chief Marketing Officer

David Boyle: Head of Corporate Development

Singer Capital Markets (Tel: [phone])

Stephen Howard, Tom Salvesen, Justin McKeegan

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