Syncona Limited Non-Mainstream Pooled Investments

 
TIDMSYNC 
 
Syncona Limited (the "Company") 
  (a closed-ended collective investment scheme established as a company with 
  limited liability under the laws of Guernsey with registered number 55514) 
 
                       Non-Mainstream Pooled Investments 
                                23 January 2017 
 
The Company notes the Financial Conduct Authority's ("FCA") rules relating to 
the restrictions on the retail distribution of unregulated collective 
investment schemes and close substitutes (the "Non-Mainstream Pooled Investment 
Marketing Restrictions"). 
 
The Company has taken advice on the conditions which would need to be met in 
order for it to qualify for approval as an investment trust if it were resident 
in the United Kingdom and considers these conditions to be satisfied. This 
means that that the Company's shares are excluded from the FCA's definition of 
"non-mainstream pooled investment" and are therefore outside the scope of the 
Non-Mainstream Pooled Investment Marketing Restrictions. 
 
The Company's board intends that the Company will continue to be operated in 
such a manner as to ensure that the shares are not categorised as a 
non-mainstream pooled investment and that, accordingly, the shares can continue 
to be recommended by UK authorised persons to ordinary retail investors in 
accordance with the FCA's rules. 
 
Enquiries: 
Company website: www.synconaltd.com 
 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Company Secretary 
Tel: [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

March 24, 2017 09:58 ET (13:58 GMT)