3 Mar 2022 14:21
ScotGems Plc - Investment Management ArrangementsScotGems Plc - Investment Management Arrangements
PR Newswire
London, March 3
ScotGems plc
LEI Number: 549300GQHCPU9P1NYM13
3 March 2022
Investment Management Arrangements
The Board wish to provide an update to its shareholders following the Company’s announcement to the market on 1 March and the decision from First Sentier Investors group (FSI) to announce its intention to resign from their management of the Company.
The Board has had further discussions with FSI who have not yet submitted their notice to the Board. We have been reassured by FSI that there will be a continuity of management whilst the Board considers its options in respect of its management arrangements going forward.
The Board is considering the options in respect of its future investment management arrangements and intends to consult with its larger shareholders in due course.
Enquiries:
Juniper Partners Limited (Secretary) 0131 378 0500
Douglas Armstrong
Dickson Minto (Sponsor) 020 7649 6823