Update on Sale of River Global AM to LionTrust

Summary by AI BETAClose X

River UK Micro Cap Limited announced that the Financial Conduct Authority has approved the change-in-control of its portfolio manager, River Global Holdings Ltd, by Liontrust Asset Management Plc. The acquisition is expected to close around June 30, 2026, subject to definitive documentation and outstanding regulatory conditions. The independent Board confirms its continued support for the Company's current investment strategy and anticipates no material changes to strategy or portfolio management arrangements as a result of this transaction. Shareholders will be updated on any material developments.

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River UK Micro Cap Ltd
30 June 2026
 

30 June 2026

 

 

River UK Micro Cap Limited

("Company")

 

Update on sale of River Global's Asset Management business to Liontrust

 

 

The Board announces that the Financial Conduct Authority has granted approval for the change‑in‑control of River Global Holdings Ltd.

 

The proposed acquisition of River Global Holdings Ltd - the holding company of River Global Investors LLP, the Company's portfolio manager - by Liontrust Asset Management Plc is now expected to close on or around 30 June 2026, subject to execution of definitive documentation and satisfaction of any outstanding regulatory conditions.

 

The independent Board confirms that it remains fully supportive of the Company's current investment strategy. The Board does not currently expect any material change to the Company's investment strategy or portfolio management arrangements as a result of the transaction.

 

Shareholders will be kept informed of any material developments arising from the transaction and its implications for the Company.

 

A further update will be issued once the transaction has completed.

 

 

- ENDS -

 

 

 

 

For further information please contact:

 

 


River Global


Lucy Draper

Lucy.Draper@river.global

Tel: +44 7702 799 117



Singer Capital Markets


James Moat, Investment Banking

Tel: +44 20 7496 3000



BNP Paribas S.A., Guernsey Branch - Company Secretary

rmmccosec@bnpparibas.com

 

+44 (0) 1481 750850 

 

 

 

 

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