IPA Invesco Per Aim

 
TIDMIPA 
 
INVESCO PERPETUAL AIM VCT PLC 
 
                       Change of management arrangements 
 
 
 
17 December 2010 
 
 
 
Further to the announcement on 8 November 2010 regarding the departure of the 
Company's portfolio manager from Invesco Perpetual, the Board of Invesco 
Perpetual AiM VCT plc (the "Company") has reviewed the Company's management 
arrangements and decided, subject to finalisation of the necessary contracts, 
to appoint Amati Global Investors Limited ("Amati") as the Company's new 
investment manager. 
 
 
The new management arrangements are expected to take effect early in the new 
year and the Board will work with Invesco Perpetual and Amati to help ensure a 
smooth transition of the Company's portfolio and administration. A further 
announcement will be made when the transition is completed. 
 
Amati is a leading AIM VCT fund manager and currently manages Amati VCT plc. 
Amati won the investment management mandate for ViCTory VCT in March 2010 and 
also manages the CF Amati UK Smaller Companies Fund. The day-to-day running of 
Invesco AIM VCT will be carried out by Paul Jourdan and Douglas Lawson, who 
together acquired Noble Fund Managers in January 2010 to form Amati, which is 
now wholly owned by staff. 
 
In anticipation of the continuation resolution to be put to the AGM next year, 
the Board will work with the new investment manager to review options for the 
Company's future and to identify an appropriate course of action for the 
Company and shareholders. 
 
The Board looks forward to working with the fund managers at Amati, who have a 
good track record in AIM and small cap fund management and valuable experience 
of taking over the management contract of an AIM VCT. 
 
Contacts: 
 
Julian Avery 020 7065 3526 
 
Chairman 
 
Graeme Proudfoot 020 7065 3555 
 
Invesco Perpetual 
 
Paul Jourdan and Rachel le Derf 0131 243 0411 
 
Amati Global Investors Limited 
 
 
 
END 
 

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