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LMS Capital PLC (LMS)

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Friday 26 July, 2019

LMS Capital PLC

Review of investment management arrangements

RNS Number : 8749G
LMS Capital PLC
26 July 2019
 

26 July 2019


LMS CAPITAL PLC


Review of investment management arrangements
 

 

 

Ahead of the third anniversary of the appointment of the incumbent manager, Gresham House Asset Management Limited, the Board of LMS Capital plc announces that it is has commenced a process to review its investment management arrangements.  The Board has taken this action to ensure that the ongoing interests of all shareholders are actively considered. A number of written proposals have been received and a select number of parties, including the incumbent manager, will be interviewed shortly. The Board will report to shareholders, in due course, the outcome of the process.

 

The Company expects to release its interim results to 30 June 2019 by the end of next week and those results will include an update on the Company's portfolio.



ENQUIRIES

 

LMS Capital plc                                                                                                Tel: 020 7742 4000

Martin Knight, Chairman

J.P. Morgan Cazenove                                                                                     Tel: 020 7742 4000
Michael Wentworth-Stanley

 

LEI: 2138004UJ1TW8UCELX08

 


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