IRIS Dcg Iris Stg

TIDMIRIS

RNS Number : 8925Y

DCG IRIS Limited

30 January 2014

DCG IRIS Limited

Statement re Non-Mainstream Pooled Investments

The Board of DCG IRIS Limited notes the changes to the FCA rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which came into effect on 1 January 2014.

Following the receipt of legal advice, the Board confirms that it conducts the Company's affairs, and intends to continue to conduct the Company's affairs, such that the Company would qualify for approval as an investment trust if it were resident in the United Kingdom. It is the Board's intention that the Company will continue to conduct its affairs in such a manner and that IFAs should therefore be able to recommend its Ordinary Shares to ordinary retail investors in accordance with the FCA's rules relating to non-mainstream investment products.

-ends-

For further information, please contact:

   Dexion Capital (Guernsey) Limited                  01481 743 940 

Christopher Copperwaite

Gillian Newton

This information is provided by RNS

The company news service from the London Stock Exchange

END

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