SGEM Scotgems Plc

 
TIDMSGEM 
 
ScotGems plc 
 
LEI Number:                 549300GQHCPU9P1NYM13 
 
9 March 2022 
 
Resignation of the Investment Manager 
 
The Board of ScotGems plc ("the Company") has today received notice to 
terminate the Alternative Investment Fund Management Agreement ("AIFM 
Agreement"), dated 2 June 2017 from First Sentier Investors (UK) Funds Limited. 
 
The termination will not take effect until a replacement manager is appointed, 
subject to a maximum period of six months from today's date. The Investment 
Management Agreement between the Company, First Sentier Investors (UK) Funds 
Limited and First Sentier Investors International IM Limited dated 2 June 2017 
will terminate automatically at the same time as the AIFM Agreement. 
 
The Board continues to consider its options with respect to the future of the 
Company and will communicate further with shareholders when a decision has been 
reached. 
 
This announcement contains inside information for the purposes of Article 7 of 
the Market Abuse Regulation (EU) 596/2014, as it forms part of UK Domestic Law 
by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in 
accordance with the Company's obligations under Article 17 of MAR. Upon the 
publication of this announcement via a Regulatory Information Service, this 
inside information will be considered to be in the public domain. 
 
Enquiries: 
 
Juniper Partners Limited (Secretary)               0131 378 0500 
 
Douglas Armstrong 
 
Dickson Minto (Sponsor)                                 020 7649 6823 
 
 
 
END 
 
 

(END) Dow Jones Newswires

March 09, 2022 11:33 ET (16:33 GMT)

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