Edge Performance VCT PLC Variation to Investment Management Agreement (2242C)
28 September 2018 - 1:06AM
UK Regulatory
TIDMEDGH TIDMEDGI
RNS Number : 2242C
Edge Performance VCT PLC
27 September 2018
Edge Performance VCT plc (the "Company")
27 September 2018
Variation to Investment Management Agreement
The Company and Edge Investments Limited, the Company's
investment manager (the "Manager"), have agreed that the
performance incentive fee (the "I Share Performance Incentive Fee")
payable to the Manager in relation to the I shares of 10p each in
the capital of the Company (the "I Shares), as set out in the
discretionary investment management agreement between the Company
and the Manager dated 8 November 2013 (as subsequently varied),
shall cease with effect from 31 August 2016. The removal of the I
Share Performance Incentive Fee is conditional upon the Company and
the Manager acting in good faith and using all reasonable
endeavours to agree alternative performance incentive arrangements
in relation to the I Shares.
For further information please contact:
The City Partnership (UK) Limited, Company Secretary: 0131 243
7210
Edge Investments Limited, Investment Manager: 020 7317 1300
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END
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