Review of investment management arrangements

RNS Number : 8749G

LMS Capital PLC

26 July 2019

 

26 July 2019

LMS CAPITAL PLC

Review of investment management arrangements
 

Ahead of the third anniversary of the appointment of the incumbent manager, Gresham House Asset Management Limited, the Board of LMS Capital plc announces that it is has commenced a process to review its investment management arrangements.  The Board has taken this action to ensure that the ongoing interests of all shareholders are actively considered. A number of written proposals have been received and a select number of parties, including the incumbent manager, will be interviewed shortly. The Board will report to shareholders, in due course, the outcome of the process.

The Company expects to release its interim results to 30 June 2019 by the end of next week and those results will include an update on the Company's portfolio.

ENQUIRIES

LMS Capital plc                                                                                                Tel: [phone]

Martin Knight, Chairman

J.P. Morgan Cazenove                                                                                     Tel: [phone]
Michael Wentworth-Stanley
 

LEI: 2138004UJ1TW8UCELX08

 

END

 

 

STREANXKAFPNEEF