ATST Alliance Trust Plc

 
TIDMATST 
 
 
   COMPANY ANNOUNCEMENT 
 
   Alliance Trust PLC (the "Company") 
 
   Re: Appointment of Alliance Trust Investments Limited as Alternative 
Investment Fund Manager and Administrator and confirmation of Board and 
Company Secretary changes 
 
   Further to the announcement made by the directors of the Company (the 
"Directors") on 1 October 2015, the Directors wish to announce that 
pursuant to an agreement dated 28 January 2016 (the "Investment 
Management Agreement") between the Company and Alliance Trust 
Investments Limited ("ATI"), ATI has replaced the Company as the 
Investment Manager and Alternative Investment Fund Manager ("AIFM") to 
the Company with effect from 3 February 2016. ATI has also replaced The 
Bank of New York Mellon, London Branch ("BNYM") as Administrator to the 
Company. BNYM will continue to provide investment trust accounting 
services as a delegate of ATI. 
 
   ATI, a company incorporated under the Companies Act 2006 on 13 September 
2007 as a private limited company in Scotland (company number SC330862), 
being a subsidiary of the Company, is authorised and regulated as an 
AIFM by the Financial Conduct Authority in the UK under the Financial 
Services and Markets Act 2000. 
 
   The management fee and notice period provided for in the Investment 
Management Agreement are as previously announced on 1 October 2015. 
 
   National Westminster Bank plc and The Bank of New York Mellon SA/NV, 
London branch remain as the Company's Depositary and Custodian 
respectively. 
 
   As previously announced, Lord Smith of Kelvin becomes Chairman of the 
Company and Katherine Garrett-Cox and Susan Noble have stepped down as 
Directors of the Company, all with effect from 3 February 2016. Susan 
Noble has become Chair of ATI. Katherine Garrett-Cox continues as Chief 
Executive Officer of ATI.  Donald McPherson, Company Secretary of the 
Company will retire on 31 May 2016.  He will be succeeded in that role 
by Lisa Brown, currently Senior Commercial Legal Counsel of the Company. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Alliance Trust PLC via Globenewswire 
 
   HUG#1983579 
 
 
  http://www.alliancetrusts.com 
 

(END) Dow Jones Newswires

February 04, 2016 02:00 ET (07:00 GMT)

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