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  2. Share Prices
  3. Target Healthc. Share Price
  4. Target Healthc. Share Regulatory News
  5. Modification of Management Arrangements

Pin to quick picksTarget Healthc. Regulatory News (THRL)

Target Healthc. Information

Share Price Information for Target Healthc. (THRL)

London Stock Exchange
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Share Price: 76.60
Bid: 76.60
Ask: 76.90
Change: -0.20 (-0.26%)
Spread: 0.30 (0.392%)
Open: 79.50
High: 79.50
Low: 76.30
Prev. Close: 76.80
THRL Live PriceLast checked at -
Target Healthcare REIT is an Investment Trust

To provide ordinary shareholders with an attractive level of income with the potential for capital and income growth from investing in best-in-class care home assets with attractive financial characteristics.

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Modification of Management Arrangements

19 Mar 2013 10:10

RNS Number : 3260A
Target Healthcare REIT Limited
19 March 2013
 



TARGET HEALTHCARE REIT LIMITED

RNS ANNOUNCEMENT

19 MARCH 2013

MODIFICATION OF MANAGEMENT ARRANGEMENTS

The Board of Target Healthcare REIT Limited (the "Company") announces that the Company has appointed R&H Fund Services (UK) Limited ("R&H") as its investment manager with immediate effect. R&H, which is authorised and regulated by the Financial Services Authority, is currently acting as administrator of the Company and has appointed Target Advisers LLP ("Target") as its delegate to manage the investment property assets of the Company. The terms of R&H's appointment and the subsequent delegation of portfolio management to Target will not result in any additional costs to shareholders or affect the existing commercial arrangements.

Target Advisers LLP has been considering the most suitable management arrangements for the Company in the light of the implementation of the EU Alternative Investment Fund Managers Directive and intends to apply for FSA authorisation.

All enquiries:

R&H Fund Services Limited Tel: 0773 0131 019

Martin Cassels

 

Target Advisers LLP Tel: 01786 823 551

Kenneth MacKenzie

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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