21st Jul 2009 07:00
21 July 2009
Evolvence India Holdings PLC
(the "Company")
Change of investment adviser
The Company announces it has been informed that investment advisory services to the Company's primary investment, the Evolvence India Fund PCC, will be provided by EIF Managers Limited, based in Dubai, and the current advisory services provider, Evolvence Advisory Services Private Limited, will no longer provide services to EIF Managers Limited. These changes are expected to take effect from 1 October 2009.
The directors are evaluating this change and its consequences and will make further announcements in the near future.
Separately, the Company expects to announce its unaudited NAV as at 31 March 2009 shortly.
Contacts:
Evolvence India Holdings plc
William Knight + 44 (0)20 7221 3900
Seymour Pierce (Nominated Adviser)
Nandita Sahgal, Director + 44 (0)20 7107 8000
Cardew Group
Tim Robertson + 44 (0)20 7930 0777
Related Shares:
EIH.L