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Novation of Investment Management Agreement

31st Mar 2025 07:00

RNS Number : 7584C
Rockwood Strategic PLC
31 March 2025
 

31 March 2025

Rockwood Strategic plc ("RKW" or the "Company")

Novation of Investment Management Agreement

Rockwood Strategic Plc (LSE: RKW) announces that Harwood Capital LLP ("HC") has today novated its appointment as the Company's Investment Manager and alternative investment fund manager ("AIFM") to Rockwood Asset Management ("RAM"), a trading name of Harwood Private Capital LLP, another subsidiary in the Harwood group.

The change of Investment Manager and AIFM is effective from 31 March 2025, pursuant to which HC's appointment under the existing investment management agreement between the Company and HC (the "IMA") has been novated to RAM. There has been no other change to the terms of the IMA (including fees payable to the Investment Manager) and the Harwood group has confirmed to the Company that there will be no changes to the team currently providing services to the Company and that service levels will be uninterrupted by the novation.

Harwood Private Capital LLP is authorised and regulated by the Financial Conduct Authority. Its registered office is 6 Stratton Street, London, W1J 8LD.

 

 

For further information, please contact:

Rockwood Strategic plc

Chairman

 

Noel Lamb

 

020 7264 4444

 

Harwood group

Investment Manager

 

 

Christopher Hart

 

020 7640 3200

Singer Capital Markets Advisory LLP

 

 

 

James Maxwell

James Fischer

 

 020 7496 3000

 

 

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