Brief: Liontrust Says Financial Support Of GAM Has Ended

Gam Holding AG

05/09/2023 11:40

Sept 5 (Reuters) - Liontrust Asset Management PLC
 LIO.L :
    * LIONTRUST ASSET MGMT  - STATEMENT RE UPDATE ON LOAN
FACILITY
WITH GAM
    * LIONTRUST ASSET MANAGEMENT PLC - TRANCHE 2 FACILITY OF A
FURTHER
£8.9M, WHICH WAS NOT DRAWN BY GAM, WAS CANCELLED
    * LIONTRUST ASSET MANAGEMENT PLC - ON 4 SEPT, GAM REPAID
£8.9
MILLION PLUS INTEREST UNDER TRANCHE 1 FACILITY AND THIS FACILITY
HAS BEEN CANCELLED
    * LIONTRUST ASSET MANAGEMENT PLC - NO OUTSTANDING
INDEBTEDNESS
BETWEEN LIONTRUST AND GAM, AND LIONTRUST'S FINANCIAL SUPPORT OF
GAM HAS ENDED

Source text for Eikon:  ID:nRSE4312La 
Further company coverage:  LIO.L 

 ((Reuters.Briefs@thomsonreuters.com;))