Review of investment management arrangements

Released : 26/07/2019

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: 020 7742

4000

Martin Knight, Chairman

J.P. Morgan Cazenove

Tel: 020 7742

4000

Michael Wentworth-Stanley

LEI: 2138004UJ1TW8UCELX08

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.comor visit www.rns.com.

END

STREANXKAFPNEEF

Attachments

  • Original document
  • Permalink

Disclaimer

LMS Capital plc published this content on 26 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2019 09:44:07 UTC