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Variation to Investment Management Agreement

27 Sep 2018 16:06

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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