Source - RNS
RNS Number : 8607M
Montanaro European Smaller Cos. PLC
18 October 2016
 

COMPANY ANNOUNCEMENT



For Immediate Release

18 October 2016



MONTANARO EUROPEAN SMALLER COMPANIES PLC (the "Company")


- Montanaro European Smaller Companies Fund

- Montanaro European Income Fund

- Montanaro UK Smaller Companies Fund

- Montanaro European MidCap Fund

- Montanaro UK Income Fund

- Montanaro Select Fund (individually the "Fund" and together the "Funds")

                                                                                         

The Board of Directors of Montanaro European Smaller Companies plc (the "Board") wishes to announce that Montanaro Asset Management Limited (the "Investment Manager"), the investment manager of the Company, has today advised the Board of a change in their holdings in the above sub-funds of the Company.

 

 

The Investment Manager purchased on the 17th October 2016:

 

3,419.417 shares in Montanaro European Income Fund at a price of £1.654 (Sterling Class) and €0.967 (Euro Class)

 

6,788.455 shares in Montanaro UK Income Fund at a price of £1.708 (Sterling Seed Class), £0.984 (Sterling Class) and €0.763 (Euro Class)

 

 

Following these transactions, the Investment Manager now holds:

 

427,491.980 shares in Montanaro European Smaller Companies Fund, which represents a holding of 0.20% of the shares in the Fund,

 

1,252,918.964 shares in Montanaro European Income Fund, which represents a holding of 1.53% of the shares in the Fund,

 

2,593,581.106 shares in Montanaro European MidCap Fund, which represents a holding of 4.08% of the shares in the Fund,

 

85,285.108 shares in Montanaro UK Smaller Companies Fund, which represents a holding of 0.31% of the shares in the Fund.

 

1,054,910.384 shares in Montanaro UK Income Fund, which represents a holding of 1.19% of the shares in the Fund.

 

7,345,200.000 shares in Montanaro Select Fund, which represents a holding of 100% of the shares in the Fund.

 

 

Enquiries:




Montanaro Asset Management Limited

Matthew Francis

Phone: +44 207 448 8600



Matheson

Margot Carty

Phone: +353 1 232 2000

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

 


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