Edge Performance VCT PLC Restructure share classes/waiver of carried int (6059I)
01 September 2016 - 3:00AM
UK Regulatory
TIDMEDGC
RNS Number : 6059I
Edge Performance VCT PLC
31 August 2016
Edge Performance VCT plc
Restructure of share classes/Waiver of carried interest
The Board of Edge Performance VCT plc ("Edge Performance" or
"Company") announces that following a constructive dialogue with
shareholders on the restructuring of the Company's six planned exit
share classes into a consolidated single I share class, and
discussions with the Company's investment manager, it has decided
to remove the carried interest in the I shares' fee structure.
The Board will, in due course, undertake a wider review of the
Company's future performance and consider implementing an
alternative incentive, if appropriate, which will be subject to
shareholder approval. The Company's investment manager is fully
supportive of this process.
For further information, please contact:
-- City Partnership, Company Secretary: 0131 243 7210
-- Edge Investments, Investment Manager: 020 7317 1300
This information is provided by RNS
The company news service from the London Stock Exchange
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