Fidelity China Special Situations PLC
NOTICE OF ENTRY INTO ARRANGEMENTS WITH SERVICE PROVIDERS TO ENSURE COMPLIANCE
WITH THE ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE (2011/61/EU) ("AIFMD")
Fidelity China Special Situations PLC (the "Company") announces that it has
entered into arrangements necessary to ensure compliance with the AIFMD and
these will take effect on 22 July 2014.
Following a review of the Company's arrangements, the Company's Board of
Directors (the "Board") has approved the appointment of FIL Investment Services
(UK) Limited ("FISL UK") as the Company's Alternative Investment Fund Manager
("AIFM") on the terms of and subject to the conditions of a new secretarial and
management services agreement between the Company and FISL (UK). FISL (UK) is
an affiliate of FIL Investments International ("FII") and has been approved to
be an AIFM by the UK's Financial Conduct Authority.
FIL Investment Management (Hong Kong) Limited has been appointed under an
agreement with the Company and FISL to act as the portfolio manager for the
investments of the Company other than the unlisted securities.
FII has been appointed by FISL (UK) as portfolio manager of unlisted securities
and to provide company secretarial services to the Company, pursuant to a
The Board has also approved the appointment of J.P. Morgan Europe Limited (the
"Depositary"), of 25 Bank Street, London E14 5JP, United Kingdom, to act as the
Company's Depositary (as required by the AIFMD) on the terms and subject to the
conditions of a Depositary agreement entered into between the Company, the AIFM
and the Depositary.
The Company's Custodian, JPMorgan Chase Bank NA will remain as Custodian as a
delegate of the Depositary.
For enquiries please contact:
Senior Company Secretary
FIL Investments International
21 July 2014