Statement re. Ignis Asset Management

RNS Number : 1355L

UK Commercial Property Trust Ltd

02 July 2014

 



UK Commercial Property Trust Ltd

2 July 2014



Statement re. Ignis Asset Management

The Board of UK Commercial Property Trust Limited (the 'Company') confirms that it has consented to the change of control of its investment manager, Ignis Investment Services Limited, resulting from the completion of the acquisition of Ignis Asset Management Limited by Standard Life Investments (Holdings) Ltd.

Following detailed discussions with Standard Life Investments ('SLI'), the Board is pleased to confirm that SLI has also provided assurances regarding the retention of the team involved in the management and administration of the Company which will provide continuity for the successful management of the Company going forward.

All enquiries:

Chairman

Christopher M W Hill

Via FTI Consulting

Stephanie Highett /Richard Sunderland Tel: [phone]

 

END

 

 

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