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SEC Strategic Equity Capital Plc

330.00
0.00 (0.00%)
Last Updated: 14:06:45
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Strategic Equity Capital Plc LSE:SEC London Ordinary Share GB00B0BDCB21 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 330.00 330.00 334.00 18,062 14:06:45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 14.46M 12.43M 0.2532 13.03 162.03M

Strategic Equity Capital Plc - Company update

20/02/2017 3:24pm

PR Newswire (US)


Strategic Equity Capital (LSE:SEC)
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Strategic Equity Capital plc

20 February 2017

Company update

The Board of Strategic Equity Capital plc (the “Company”) understands that Harwood Capital Management (“Harwood”) and its representatives, of their own volition, are speaking to the Company’s shareholders with a view to promoting a scheme that would result in Harwood, or an affiliate thereof, managing some or all of the Company’s assets.

The Board has been informed that Stuart Widdowson, the Company’s former lead portfolio manager at GVQ Investment Management Limited (“GVQIM”), will be associated with Harwood in due course in establishing a new venture. 

The Board has been advised by its manager, GVQIM, that Stuart Widdowson will not be in a position to put himself forward to manage some or all of the Company’s assets for a period of up to 18 months pursuant to the terms of his employment contract with GVQIM.

As stated in the Company’s recently published Interim Report, the Board continues to place strong corporate governance very highly on the agenda and monitors the performance of all the Company’s service providers, including GVQIM, closely and regularly and will continue to act in the best interests of all shareholders. 

Enquiries:

Richard Hills (Chairman)                 0131 538 1400

PATAC Limited (Secretary)             0131 538 1400

Canaccord Genuity Limited             020 7523 8000
Andrew Zychowski
Lucy Lewis

Buchanan                                   020 7466 5000
Richard Darby
Charles Ryland

Copyright y 20 PR Newswire

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