Notice of General Meeting

 
TIDMSAM 
 
For immediate release: 9 May 2011 
 
                        Syndicate Asset Management plc 
 
                  ("Syndicate", "the Company" or "the Group") 
 
                           Notice of General Meeting 
 
Syndicate Asset Management (AIM: SAM), the wealth management group, is pleased 
to notify Shareholders that a Notice of General Meeting relating to the 
proposed name change of the Group to Ashcourt Rowan PLC has today been posted 
to Shareholders. 
 
The text of the Chairman's Letter and Special Resolution is set out below. 
Copies of the the full Circular and Proxy Form are available for download from 
the Company's website, www.syndicateplc.com. 
 
-Ends- 
 
For further information please contact: 
 
Syndicate Asset Management Plc 
 
Mark Cheshire (Group CEO) Tel: [phone] 
 
Cenkos Securities plc 
 
Stephen Keys (NOMAD) 
 
Julian Morse (Sales) Tel: [phone] 
 
GTH Communications 
 
Toby Hall/Christian Pickel Tel: [phone] 
 
CHAIRMAN'S LETTER 
 
Dear Shareholder, 
 
PROPOSED CHANGE OF NAME 
 
Introduction 
 
On 25 February 2011, the Board announced that, going forward, the Group will 
focus exclusively on the wealth management sector through its offering of 
financial planning and asset management services. 
 
The Board sees significant opportunities within the UK wealth management sector 
and believes it now has the momentum, internal processes, national footprint of 
offices and the support of its major Shareholders to capitalise upon those 
opportunities. 
 
Change of name 
 
The Board proposes that the name of the Company be changed to "Ashcourt Rowan 
PLC", in order to reflect the Company's strong position within the wealth 
management sector. 
 
General Meeting 
 
A notice convening the General Meeting, to be held at the offices of Memery 
Crystal LLP, 44 Southampton Buildings, London WC2A 1AP on 26 May 2011 at 2pm is 
set out at the end of this document. 
 
A special resolution (being the Resolution) to change the name of the Company 
will be proposed at the General Meeting. 
 
Action to be taken 
 
You will find enclosed with this document a Form of Proxy for use at the 
General Meeting. Whether or not you intend to be present at the meeting, you 
are requested to complete the Form of Proxy and return it in accordance with 
the instructions printed thereon so that it is received as soon as possible and 
in any event not later than 2pm on 24 May 2011. 
 
Completion and return of a Form of Proxy will not prevent you from attending 
the meeting and voting should you wish to do so. 
 
Directors' recommendation and intentions 
 
The Board believes that the proposed change of name described in this document 
is in the best interests of the Company and its Shareholders as a whole. 
Accordingly, the Board recommends that you to vote in favour of the Resolution 
to be proposed at the General Meeting, as they intend to do in respect of their 
aggregate beneficial holding of Ordinary Shares in the capital of the Company. 
 
Yours faithfully 
 
PETER DEW Chairman 
 
=------------ 
 
SPECIAL RESOLUTION 
 
That the name of the Company be changed from Syndicate Asset Management plc to 
Ashcourt Rowan PLC. 
 
By order of the Board 
 
Neil Hale 
Company Secretary 
 
9 May 2011 
 
Registered Number: 05406945 
 
Registered Office 
 
60 Queen Victoria Street 
 
London 
 
EC4N 4TR 
 
 
 
END