STOCK EXCHANGE ANNOUNCEMENT
For Immediate Release 30 June 2017
Canaccord Genuity Investment Funds plc (the Company)
Re: Appointment of a Management Company
The directors of the Company wish to announce the appointment of Canaccord Genuity Management Company Limited (the Management Company) as the Manager of the Company pursuant to an agreement dated 29 June 2017 between the Company and the Management Company as amended, supplemented or otherwise modified from time to time (the Management Agreement).
Canaccord Genuity Management Company Limited was incorporated in Ireland on 30 August 2016 as a private company limited by shares and its registered office is 25-28 North Wall Quay, IFSC, Dublin 1, Ireland.
The Management Company is a wholly owned subsidiary of Canaccord Genuity Wealth Group. The Management Company is regulated and authorised in Ireland by the Central Bank as a management company for the purposes of the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No 352 of 2011) as amended, supplemented or otherwise modified from time to time including any condition that may from time to time be imposed thereunder by the Central Bank of Ireland.
Under the terms of the Management Agreement, the Management Company has responsibility for the investment management and general administration of the Company with power to delegate such functions subject to the overall supervision and control of the Directors of the Company.
The Management Agreement provides that the appointment of the Management Company will continue unless and until terminated by the Company or the Management Company giving to the other party not less than 90 days' written notice, although in certain circumstances the Management Agreement may be terminated immediately by either party.
The Management Agreement contains certain indemnities in favour of the Management Company (and its officers and employees) which are restricted to exclude, inter alia, matters arising by reason of the negligence, wilful default or fraud of the Management Company or persons designated by it in the performance of its obligations and duties.
The prospectus and supplements of the Company have been updated to reflect, inter alia, the appointment of the Management Company and to include details of the fees payable to it. For copies thereof, please contact Collette Wisener-Keating by post at Goodbody Secretarial Limited 25/28 North Wall Quay Dublin 1 or by email at [email protected]
A&L Listing Limited
Tel: + 353 1 649 2296
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.
This information is provided by RNS