Liontrust Asset Management Regulatory News (LIO)

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FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.

LEI: 549300XVXU6S7PLCL855

For immediate release

05 September 2023

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Update on Short-Term Loan Facilities with GAM Holding AG

Liontrust Asset Management Plc ("Liontrust"), the specialist independent fund management group, today issues an update on the short-term secured loan facility agreements to provide a combined £17.8 million of financial support to GAM Holding AG ("GAM").

Liontrust announces that on 4 September 2023 GAM repaid £8.9 million plus interest under the Tranche 1 Facility1, and this facility has been cancelled. The Tranche 2 Facility1 of a further £8.9m, which was not drawn by GAM, was also cancelled. As a result, there is no outstanding indebtedness between Liontrust and GAM, and Liontrust's financial support of GAM has ended.

1 As defined in the shareholder circular that was published by Liontrust on 13 June 2023.

For further information please contact:

Teneo (Tel: 020 7353 4200, Email: liontrust@teneo.com)

Tom Murray

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

Alantra Corporate Finance LLP (Tel: 020 7246 0500)

Lead Financial Adviser

JP McGrath, Jake Delaney, André Chetty

Singer Capital Markets (Tel: 020 7496 3000)

Corporate Broking: Tom Salvesen

Corporate Finance: Justin McKeegan

Panmure Gordon (Tel: 020 7886 2500)

Corporate Broking: David Watkins

Corporate Advisory: Atholl Tweedie

ENDS