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Distribution Finance (DFCH)

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Friday 13 September, 2019

Distribution Finance

Statement regarding closure of Arrowgrass

RNS Number : 3438M
Distribution Finance Cap. Hldgs PLC
13 September 2019

Distribution Finance Capital Holdings plc

("DFC Holdings" or together with its subsidiary "DFC Ltd", "DFC" or the "Company")

Statement regarding closure of Arrowgrass Master Fund Limited ("AMFL")


The Board of DFC notes the recent decision by Arrowgrass Capital Partners LP ("Arrowgrass") that it is closing the Arrowgrass Master Fund Limited ("AMFL"), which will in due course entail the divestment of the investment positions currently held in AMFL. AMFL is a substantial shareholder in DFC. Arrowgrass has confirmed that the divestment process will be orderly and focused on obtaining appropriate value for AMFL's investors over time.


We will remain in regular contact with Arrowgrass and will keep investors updated as appropriate.




Distribution Finance Capital Holdings plc                                                                   +44 (0) 20 3937 6406

Chris Dailey, Chief Executive Officer

Gavin Morris, Chief Financial Officer


Macquarie Capital (Europe) Limited (NOMAD and broker)                                   +44 (0) 20 3037 2000

Alex Reynolds

Jonny Allison


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