Non-Mainstream Pooled Investments

RNS Number : 8854V

GCP Infrastructure Investments Ltd

18 December 2013

 

GCP Infrastructure Investments Limited

(the "Company")

Headline: Non-Mainstream Pooled Investments

18 December 2013

The Board of the Company notes the rules of the UK Financial Conduct Authority ("FCA") on the promotion of non-mainstream pooled investments, effective from 1 January 2014.

The Board confirms that it conducts the Company's affairs, and intends to continue to conduct its affairs, so that the Company's shares will be "excluded securities" under the FCA's new rules. This is on the basis that the Company, which is resident outside the EEA, would qualify for approval as an investment trust by the Commissioners for HM Revenue and Customs under Sections 1158 and 1159 of the Corporation Tax Act 2010 if resident and listed in the United Kingdom. Therefore, the Company's shares will not amount to non-mainstream pooled investments. Accordingly, the promotion of the Company's shares will not be subject to the FCA's restriction on promotion of non-mainstream pooled investments.

Contact details:
Gravis Capital Partners LLP
Stephen Ellis	[phone]
Rollo Wright	[phone]
Oriel Securities
Mark Bloomfield	[phone]
Neil Winward
Tunga Chigovanyika
Cenkos Securities
Dion Di Miceli	[phone]
Tom Scrivens	[phone]
Buchanan
Charles Ryland	[phone]
Sophie McNulty

About GCP Infrastructure Investments Limited

The Company is a closed-ended investment company that seeks to generate returns from subordinated PFI debt and related and/or similar assets (the "Target Assets"). The Company achieves this by investing substantially all of its capital in GCP Infrastructure Fund Limited (the "Master Fund"), an open-ended investment company that holds the Target Assets. The Company is the majority shareholder of the Master Fund.

End of Announcement

 

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