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Pin to quick picksGulf Regulatory News (GIF)

Share Price Information for Gulf (GIF)

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Share Price: 2.44
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Change: -0.01 (-0.41%)
Spread: 0.06 (2.521%)
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Prev. Close: 2.42
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Gulf Investment is an Investment Trust

To capture the opportunities for growth offered by the expanding GCC economies by investing in listed companies on one of the GCC exchanges or companies soon to be listed on one of the GCC exchanges.

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Investment Manager's contract

5 Nov 2019 07:00

RNS Number : 2290S
Gulf Investment Fund PLC
05 November 2019
 

5 November 2019

Gulf Investment Fund plc ("GIF" or the "Company")

Investment Manager's contract

The Board of the Company is pleased to announce that the Company has renewed its investment management agreement with its investment manager, Epicure Managers Qatar Limited (the "Investment Manager"), a wholly owned subsidiary of Qatar Insurance Company S.A.Q., for a three-year period effective from 1 November 2019.

There is no change to any material terms of the previous investment management agreement into which the Company and the Investment Manager entered on 31 October 2016 and pursuant to which the Investment Manager provided investment management services to the Company and was paid a management fee of 0.90 per cent. per annum of the Net Asset Value of the Company, calculated monthly and payable quarterly in arrears.

 

For further information:

Gulf Investment Fund plc +44 (0) 1624 622 851

Nick Wilson

Maitland/AMO +44 (0) 20 7379 5151

William Clutterbuck/ Finlay Donaldson gulfinvestmentfund-maitland@maitland.co.uk

Mainstream Fund Services (IOM) Limited +44 (0) 1624 692600

Ian Dungate

Panmure Gordon +44 (0) 20 7886 2500

Alex Collins / Atholl Tweedie

 

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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