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
