Business
Clarification of Investment Restrictions
Clarification of Investment Restrictions.
About this update from Phoenix Spree Deutschland Ltd
[{"type":"text","content":"\n \nRNS Number : 6347G Phoenix Spree Deutschland Limited 07 November 2018 \n\n07 November 2018\n \n \nPhoenix Spree Deutschland Limited\n(The \"Company\" or \"PSDL\")\n \nClarification of Investment Restrictions\n \nThe Company hereby clarifies its investment restrictions in respect of investment in other investment companies or investment trusts which are listed on the Official List of the UK Listing Authority (the \"Official List\").\n No more than 10% in aggregate of the value of the gross assets of the Company may be invested in other listed closed-ended investment funds, except for those which themselves have stated investment strategies to invest no more than 15% of their gross assets in other listed closed-ended investment funds.\n Additionally, the Company will itself not invest more than 15% of its gross assets in other investment companies or investment trusts which are listed on the Official List.\n \n \nFor further information please contact:\nPhoenix Spree Deutschland Limited +44 (0)20 3937 8760\nStuart Young \n \nNumis Securities Limited (Corporate Broker) ...