For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260515:nRSO5922Ea&default-theme=true
RNS Number : 5922E Geiger Counter Ltd 15 May 2026
Geiger Counter Limited (the "Company")
15 May 2026
Portfolio Management Update
Further to the announcements by the Company on the 16(th) and 26(th) March
2026 concerning its investment management arrangements and the serving of
protective notice with its investment manager, CQS (UK) LLP ("CQS"), part of
the Manulife Group, the Company is continuing to consider a number of options.
In the meantime, pursuant to a sub-investment management agreement between CQS
and Manulife Investment Management Limited ("Manulife Canada"), CQS will
delegate portfolio management services in respect of the Company to Manulife
Canada. The Company has provided its consent to this delegation.
Effective from the 18(th) May 2026 two senior Manulife Investment Management
Group portfolio managers, Diana Racanelli and Craig Bethune, will assume
responsibility for the management of the portfolio. Keith Watson and Robert
Crayfourd may provide advice in respect of the portfolio management process
until their notice period expires on 2(nd) June 2026. There is no change to
the Company's investment process, strategy or operations.
Diana Racanelli, CFA and Craig Bethune, CFA, based in Toronto, are senior
portfolio managers at Manulife Canada, have been with Manulife Canada for the
past 12 years. Together Diana Racanelli and Craig Bethune manage USD544
million in metals & mining and energy assets, as well as a further
USD1,096 million in metals & mining and resources exposure in team managed
assets.
The Company considers this action to be 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.
Enquiries
Manulife | CQS Investment Management Craig Cleland T: +44 (0) 20 7201 5368
Cavendish Capital Markets Limited Tunga Chigovanyika T: +44 (0) 20 7397 1915
(Corporate Finance)
Daniel Balabanoff / Pauline Tribe T: +44 (0) 20 7220 0500
(Sales)
Summit Fund Services Jersey Limited Christopher Foulds T: +44 (0) 1534 825 259
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END PFUEELFFQELLBBE
Copyright 2019 Regulatory News Service, all rights reserved