Edge Performance VCT plc
Restructure of share classes/Waiver of carried interest
The Board of Edge Performance VCT plc ("Edge Performance" or "Company") announces that following a constructive dialogue with shareholders on the restructuring of the Company's six planned exit share classes into a consolidated single I share class, and discussions with the Company's investment manager, it has decided to remove the carried interest in the I shares' fee structure.
The Board will, in due course, undertake a wider review of the Company's future performance and consider implementing an alternative incentive, if appropriate, which will be subject to shareholder approval. The Company's investment manager is fully supportive of this process.
For further information, please contact:
· City Partnership, Company Secretary: 0131 243 7210
· Edge Investments, Investment Manager: 020 7317 1300
This information is provided by RNS