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Man AHL Diversified (IRSH)

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Friday 08 June, 2012

Man AHL Diversified

Change of Administrator

RNS Number : 0039F
Man AHL Diversified PLC
08 June 2012



For Immediate Release

8 June 2012


RE: Change of Administrator



The Board of Directors of Man AHL Diversified plc (the "Company") wishes to announce that Citibank Europe plc has replaced Citco Fund Services (Ireland) Limited as administrator to the Company with effect from 12.01 a.m. on 1 June 2012.


The Company has entered into an agreement with Citibank Europe plc( "CEP") and Man Fund Management Limited (the "Manager") dated 31 May 2012 (the "Administration Agreement") whereby the Manager has appointed CEP, on behalf of the Company, to provide  general shareholder services (which will include maintenance of the Company's register) and certain accounting and valuation services.  The Manager has also agreed to monitor the provision of those services by CEP.


CEP is a licenced bank, authorised and regulated by the Central Bank of Ireland. CEP was incorporated in Ireland on 9 June 1988 under registered number 132781. CEP is a member of the Citigroup group of companies, having as its ultimate parent Citigroup Inc., an US publicly quoted company.

The Manager shall not be under any liability to the Company or any investors in the Company for any act, omission or default of, the insolvency of, or for the performance or non-performance of any services whatsoever by CEP or other provider of transfer agency, registrar, valuation or other administration services to the Company from time to time appointed by the Manager.  

The Administration Agreement also includes provisions pursuant to which the Company has agreed to both indemnify and exempt from liability CEP, members of its group, its delegates and its associates from losses, liabilities, damages or costs in connection with the appointment of the service provider or the performance or non-performance of its duties and/or any untrue statement of material fact contained in the Prospectus that is not due to a breach of the Administration Agreement by, or the negligence, wilful default, bad faith or fraud of, CEP, members of its group, its delegates or its associates. The Administration Agreement may be terminated by the Company or the Manager on giving not less than 3 months' notice in writing to the other parties, or by CEP on the occurrence of certain defined events.

The fees of the Administrator will be paid by the Manager.  



NCB Stockbrokers Limited

Fiona Mulhall

Phone: +353 1 611 5907




This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.



This information is provided by RNS
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