Business
Response to statement by GAM Holding AG
Response to statement by GAM Holding AG.
About this update from Liontrust Asset Management Plc
[{"type":"text","content":"\n\nDISCLOSURE OF INSIDE INFORMATION ACCORDING TO ARTICLE 17 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 (WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWL) ACT 2018)\n \nFOR IMMEDIATE RELEASE\n \nLIONTRUST ASSET MANAGEMENT PLC\nResponse to statement by GAM Holding AG\n \nFurther to the announcement of 18 April 2023, Liontrust Asset Management Plc (\"Liontrust\", or the \"Company\"), the specialist independent fund management group, notes the announcement made today by GAM Holding AG (\"GAM\") that on conclusion of the commercial discussions, which includes discussions with Liontrust about a combination of the two firms, within their strategic review, a further update is expected on or prior to 4 May 2023.\n \nThere can be no certainty that this will lead to a formal offer in respect of the proposed acquisition of the entire issued share capital of GAM by Liontrust (\"Proposed Acquisition\"), nor as to the timing or terms of any such offer, and there can be no assurance that, even if agreement is reached, any such Proposed Acquisition would be completed. \n \nA further announcement will be made as and when appropriate.\n \nFor further information please contact:\n \nTeneo (Tel: 020 7353 4200, Email: [email protected])\nTom Murray or Stephanie Mackrell\n \nLiontrust Asset Management Plc (Tel: 020 7412 1700, Website: liontrust.co.uk)\nJohn Ions: Chief Executive\nVinay Abrol: Chief Financial Officer & Chief Operating Officer\nSimon Hildrey: Chief Marketing Officer\nDavid Boyle: Head of Corporate Development\n \nSinger Capital Markets (Tel: 020 7496 3000)\nStephen Howard, Tom Salvesen, Justin McKeegan\n \nPanmure Gordon (Tel: 020 7886 2500)\nCorporate Broking: Stephen Jones\nCorporate Advisory: Dominic Morley\n \nEND\n \n\n","length":3998,"tagName":"div"}]