TIDMAQT3

RNS Number : 5255C

Acuity VCT 3 PLC

08 March 2011

Acuity VCT 3 plc (the "Company")

Update

On 31 January 2011, it was announced that the Board of Directors of the Company (the "Board") had reached agreement on Heads of Terms, which are subject to contract, to appoint the Foresight Group as the new investment manager of the Company. Further to this announcement, the Board has on 7 March 2011 provided Acuity Capital Management Limited ("Acuity") with 12 months' notice of termination of its investment management agreement with the Company (the "Agreement") as required under the terms of that Agreement. The Company and Acuity are in ongoing discussions regarding an earlier termination of the Agreement.

Any enquiries should be directed to:

Acuity Capital Management Limited

Telephone: 0207 306 3901

E-mail: enquiries@acuitycapital.co.uk

8 March 2011

This information is provided by RNS

The company news service from the London Stock Exchange

END

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