CQS Natural Res - Service of Protective Notice

CQS Natural Resources Growth and Income

23/03/2026 07:00

RNS Number : 6145X

CQS Natural Resources Grwth&Inc PLC

23 March 2026

 

CQS Natural Resources Growth and Income PLC

(the "Company")

LEI: 549300ES8CNIK2CQR054

23 March 2026

Service of Protective Notice

Further to the announcement by the Company on 9 March 2026 concerning its investment management arrangements, the Board announces that the Company has agreed six months' protective notice with its investment manager, CQS (UK) LLP, part of the Manulife group ("CQS"). If formal notice of termination is served by the Company prior to 30 June 2026, the six months' notice period, as per the Investment Management Agreement, will be deemed to have started on 13 March 2026.

The Company continues to consider a number of options at its disposal. In the meantime, during Keith Watson's and Robert Crayfourd's notice period, CQS have engaged two senior Manulife Investment Management Group portfolio managers, Diana Racanelli and Craig Bethune, to work together with Keith and Robert in the management of the portfolio. Keith Watson and Robert Crayfourd will remain the named Portfolio Managers and there is no change to the Company's investment process, strategy or operations. 

Taking this action is in the best interests of shareholders as the Company continues to explore its options for the long term. A further update will be provided in due course.

Diana Racanelli and Craig Bethune, based in Toronto, are senior portfolio managers at Manulife Investment Management, have been with Manulife for the past 12 years, and together manage USD415 million in metals and mining, and energy assets together with a further USD1,238 million in metals & mining and resources exposure in team managed assets.

 

 

About CQS Natural Resources Growth and Income PLC

CQS Natural Resources Growth and Income plc (LSE: CYN) is an investment company focused on providing shareholders with capital growth and income from a portfolio of mining and resource equities and mining, resource, industrial and other fixed interest securities (including convertible securities and bonds).

For further information, please contact:

CQS Natural Resources Growth and Income PLC
Christopher Casey, Chairman
cyn@tavistock.co.uk
(c/o Tavistock Communications)
Cavendish Capital Markets, Corporate Broker
Robert Peel, Andrew Worne (corporate finance / broking)
Justin Zawoda-Martin, Daniel Balabanoff, Pauline Tribe (sales)
+44 (0)20 7220 0500
Frostrow Capital LLP, Company Secretary
Tasmin Arthurton
+44 (0)203 709 2408
cosec@frostrow.com
Tavistock, Public Relations
Jos Simson, Gareth Tredway
+44 20 7920 3150
cyn@tavistock.co.uk

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
STRSEMESEEMSESD