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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Strathdon Inv | LSE:STV | London | Ordinary Share | GB0003808762 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 9293U
Strathdon Investments PLC
25 October 2010
STRATHDON INVESTMENTS PLC
("Strathdon" or the "Company")
Termination of Fund Management Agreement
As part of the ongoing commitment to keep overall costs under review, Strathdon
and its fund manager, YFM Venture Finance Limited ("YFM"), have agreed to
terminate with immediate effect the investment management agreement between
them. Strathdon has taken in-house the services provided by YFM under that
agreement namely management, administration and secretarial services but YFM
will continue to provide accounting services to the Company until 30 November
when they will also be taken in-house.
Simon Hunt, Chairman of Strathdon Investments PLC, commented: "I would like to
thank YFM for their efforts and support over what has been a difficult period of
rationalisation for the Company and for their significant contribution in
stabilising the portfolio and achieving realisations where possible."
- Ends -
For further information: www.strathdon.com
Contacts:
+--------------------------------------+---------------------+
| Strathdon Investment Plc | Tel: 0207 395 1500 |
+--------------------------------------+---------------------+
| Simon Hunt | |
+--------------------------------------+---------------------+
| | |
+--------------------------------------+---------------------+
| Seymour Pierce Limited | Tel: 0207 107 8000 |
+--------------------------------------+---------------------+
| Nicola Marrin / David Foreman | |
| (Corporate Finance) | |
+--------------------------------------+---------------------+
| Leti McManus (Corporate Broking) | |
+--------------------------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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