Statement re Update (5255C)
March 08 2011 - 5:50AM
UK Regulatory
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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