Augmentum Fintech Plc - Clarification of Investment Restrictions
March 25 2020 - 7:10AM
PR Newswire (US)
25 March
2020
Augmentum
Fintech plc
Clarification of
Investment Restrictions
At the request of a potential investor Augmentum Fintech plc
(LSE: AUGM) (“Augmentum” or the “Company”) has been asked to
confirm that as stated in the Company’s registration document dated
14 June 2019, the Company will not
invest more than 10 per cent. of its gross assets in other listed
closed-ended investment funds, except that this restriction shall
not apply to investments in listed closed-ended investment funds
which themselves have stated investment policies to invest no more
than 15 per cent. of their gross assets in other listed
closed-ended investment funds.
The Board wishes to clarify that in addition, the Company will
itself not invest more than 15 per cent. of its gross assets in
other investment companies or investment trusts which are listed on
the Official List.
-Ends-
For further information, please
contact:
Augmentum Fintech
Tim Levene, Portfolio Manager
Nigel Szembel, Investor Relations |
+44 (0)20 3961 5420
+44 (0)7802 362 088 / nigel@augmentum.vc |
Peel
Hunt
Liz Yong / Luke Simpson |
+44 (0) 20 7418 8900 |
N+1
Singer
Harry Gooden / James Moat
|
+44 (0) 20 7496 3000 |
Frostrow
Victoria Hale, Company Secretary |
+44 (0)20 3170 8732
victoria.hale@frostrow.com |
Notes
Augmentum invests in fast growing fintech businesses that are
disrupting the financial services sector. Augmentum is the
UK’s only publicly listed investment company focusing on the
fintech sector in the UK and wider Europe, having launched on the main market of
the London Stock Exchange in 2018, giving businesses access to
patient capital and support, unrestricted by conventional fund
timelines and giving public markets investors access to a largely
privately held investment sector during its main period of
growth.
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