Company Update
Source: RNS15 October 2019
Woodford Patient Capital Trust plc
LEI: 2138008X94M7OVE73I77
Company Update
The Board of Woodford Patient Capital Trust plc (the "Company") notes the statement by Link Fund Solutions Limited ("LFS"), the Authorised Corporate Director of the LF Woodford Equity Income Fund ("WEIF"), that: (i) the decision has been taken by LFS not to re-open WEIF and instead to wind it up as soon as practicable; and (ii) Woodford Investment Management Limited will, with immediate effect, cease to be the investment manager of WEIF.
As previously announced, the Board has been undertaking a review of the Company's management arrangements and will make a further announcement in due course.
Enquiries:
FTI Consulting
Ed Berry / Tom Blackwell 0203 727 1046 / 1051
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
