10th Jun 2009 11:48
RNS Number : 6691T
Aberdeen Growth Opps VCT PLC
10 June 2009
ABERDEEN GROWTH OPPORTUNITIES VCT PLC
The senior executives of the private equity division of Aberdeen Asset Managers, the Company's investment manager, have completed a management buyout of that business and have formed Maven Capital Partners UK LLP ('Maven') as a specialist, independent private equity investment manager.
Having reviewed the existing management contract and the performance of the Manager and having made enquiry about the resources and viability of Maven, the Board has decided to novate the management contract in favour of Maven.
By order of the Board
Maven Capital Partners UK LLP, Secretaries
10 June 2009
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