5th Apr 2017 10:36
5th April 2017
MW Eaglewood Europe LLP response to P2P Global Investments PLC Board statement
MW Eaglewood notes the statement issued yesterday by the Board of P2P Global Investments PLC (the "Company"), the investment trust to which it is investment manager.
MW Eaglewood announced in its January update that it was dissatisfied with the net returns achieved by the Company and was undertaking a review of additional steps that may be taken to improve results. As a result of this review, MW Eaglewood has recently submitted to the Board for consideration a substantial Performance Enhancement and Discount Reduction Plan as one potential approach.
The investment manager is committed to working constructively with the Board and shareholders to achieve the best possible result for the Company.
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George Trefgarne
Charlotte Walsh
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