18 Feb 2008 15:06
Arc Fund Management Holdings PLC18 February 2008 For immediate release 18 February 2008 Arc Fund Management Holdings plc ("Arc" or the "Company") Holdings in the Company/Directorate Change The Board of Arc (the "Board") announces that it was informed on 8 February 2008that City of London Group plc holds the total voting rights attaching to15,875,000 Ordinary Shares of 0.5p in the share capital of the Companyrepresenting 12.01% of the total voting rights in the Company. In addition, the Board was informed on 28 January 2008 that Mr Leigh Hornbyholds the total voting rights attaching to 4,286,547 Ordinary Shares of 0.5p inthe share capital of the Company representing 3.24% of the total voting rightsin the Company. In addition, the Board was informed on 28 January 2008 that Mr Gary Richardsonholds the total voting rights attaching to 4,286,547 Ordinary Shares of 0.5p inthe share capital of the Company representing 3.24% of the total voting rightsin the Company. In addition, the Board was informed on 10 January 2008 that Mr Stuart Kinnerceased to have total voting rights of more than 3% in the Company. The Board also announces the resignation of Stephen Hadley from the Board witheffect from 15 February 2008. Mr Hadley will continue to play an important rolein the management of the Arc group but will concentrate on the development ofits wealth management division. ENDS For further information please contact:- Arc Fund Management Holdings plc 020 7623 3345Christopher Rowe, Chief Executive OfficerJohn Gracey, Finance Director Beaumont Cornish Limited 0207 628 3396Roland Cornish Fiske plc 0207 448 4700Clive Harrison Bankside ConsultantsSimon Astley 020 7367 8888 Mobile: 07798 558287 This information is provided by RNS The company news service from the London Stock Exchange