Last checked at 18 Apr 2023 12:22
DISCLOSURE OF INSIDE INFORMATION ACCORDING TO ARTICLE 17 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 (WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWL) ACT 2018)
FOR IMMEDIATE RELEASE
LIONTRUST ASSET MANAGEMENT PLC
Statement re Press Speculation
The Board of Liontrust Asset Management Plc ("Liontrust") notes recent press speculation and confirms that it is in discussions with GAM Holding AG ("GAM") regarding a proposed acquisition of the entire issued share capital of GAM by Liontrust (the "Proposed Acquisition"), with the intention of combining GAM's investment management business with Liontrust's investment management business.
Liontrust confirms it has made an approach to the Board of GAM. There can be no certainty that this will lead to a formal offer in respect of the Proposed Acquisition, nor as to the timing or terms of any such offer and there can be no assurance that, even if agreement is reached, any such Proposed Acquisition would be completed.
A further announcement will be made as and when appropriate.
For further information please contact:
Teneo (Tel: 020 7353 4200, Email: liontrust@teneo.com)
Tom Murray or Stephanie Mackrell
Liontrust Asset Management Plc (Tel: 020 7412 1700, Website: liontrust.co.uk)
John Ions: Chief Executive
Vinay Abrol: Chief Financial Officer & Chief Operating Officer
Simon Hildrey: Chief Marketing Officer
David Boyle: Head of Corporate Development
Singer Capital Markets (Tel: 020 7496 3000)
Stephen Howard, Tom Salvesen, Justin McKeegan
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