ARGO Group Limited Annual Management Fee (8039A)
March 28 2017 - 11:58AM
UK Regulatory
TIDMARGO
RNS Number : 8039A
ARGO Group Limited
28 March 2017
28 March 2017
Argo Group Limited ("AGL" or "the Company")
Argo Group Limited, the independent alternative investment
manager offering a multi-strategy platform for investing in global
emerging markets, announces that it has agreed to reduce the annual
management fee it receives from the Argo Real Estate Opportunities
Fund Limited ("AREOF" or "the Fund") from EUR 2m to EUR 1m. The fee
reduction is part of a wider restructuring of AREOF which aims to
reduce the Fund's liabilities and return it to a positive equity
position.
Enquiries:
Argo Group Limited
Andreas Rialas
020 7016 7660
Panmure Gordon
Dominic Morley
020 7886 2500
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEASDPASKXEFF
(END) Dow Jones Newswires
March 28, 2017 11:58 ET (15:58 GMT)
Argo (LSE:ARGO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Argo (LSE:ARGO)
Historical Stock Chart
From Apr 2023 to Apr 2024
