2nd Jul 2008 16:04
RNS Number : 1777Y
Ottoman Fund Limited (The)
02 July 2008
The Ottoman Fund Limited
30 June 2008
The Ottoman Fund Limited (the "Fund")
Notice of Termination of Management Contract
On 1 November 2007, the Board announced that the Company would realise assets in a managed way over the next 18 - 24 months, returning proceeds to shareholders, which is still the intention of the Board. In the light of this policy and in order to reduce costs, the Board gave notice on 30 June 2008 to the Manager to terminate the management agreement with effect from 31 December 2008.
List of Contacts
Numis Securities 020 7260 1000
Nick Westlake
Secretary - 01534 709108
Jeremy Hamon
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Related Shares:
Ottoman Fund