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Golden Prospect Prec (GPM)

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Tuesday 24 December, 2013

Golden Prospect Prec

Statement re Non Mainstream Pooled Product Rules

RNS Number : 3251W
Golden Prospect Precious Metals Ltd
24 December 2013
 



GOLDEN PROSPECT PRECIOUS METALS LIMITED

("THE COMPANY")

Registered in Guernsey: 45676

Registered office: 11 New street, St Peter Port, Guernsey GY1 2PF

 

 

 

Statement Re: Non Mainstream Pooled Product Rules

 

The Board of the Company notes the proposed changes to the FCA rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which will come into effect on 1 January 2014. Following the receipt of advice, the Board confirms that it conducts its affairs, and intends to conduct its affairs, so that the Company's shares will be excluded securities under these new rules and will therefore be excluded from the FCA's restrictions which apply to non-mainstream investment products. 

 

 

 

For further information please contact:

 

Craig Cleland

CQS Asset Management Limited

Tel: +44 20 7201 5368

 

Patrick Farncombe

Legis Fund Services Limited

Tel: +44 1481 732152

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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