REG - Gresham HouseRE VCT2 - Statement regarding Investment Advisor

Gresham House Renewable Energy VCT 2Announcement

20/12/2023 17:15

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RNS Number : 5230X  Gresham House Renewable EnergyVCT2  20 December 2023

20 December 2023

 

GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC

(the "Company", the "VCT 2"))

 

Statement regarding Investment Advisor

 

The Board of Gresham House Renewable Energy VCT 2 plc notes the announcement
from Gresham House plc ("Gresham House") that the scheme of arrangement,
published on 4 August 2023, to implement the acquisition of Gresham House by
Seed Bidco Limited pursuant to Part 26 of the Companies Act 2006 ("Scheme")
has become effective on 19 December 2023.

 

The Scheme implements the terms of the recommended cash offer of Seed Bidco
Limited, a newly incorporated entity formed by funds advised by Searchlight
Capital Partners, L.P. and its affiliates, for the entire issued share capital
of Gresham House (the "Acquisition").

 

The Company's Investment Advisor is Gresham House Asset Management Limited
(the "Investment Advisor"), which is wholly owned by Gresham House.

 

The Board of the Company is not currently expecting any change to the
relationship between the Company and the Investment Advisor, and has been
informed that the Gresham House leadership team and all key individuals that
currently manage the Company will remain in place.

 

LEI: 213800GQ3JQE2M214C75

 

ENDS

 

 

For further information, please contact:

 

Gresham House Asset Management
renewablevcts@greshamhouse.com

Investor
Relations
Tel: 020 3875 9860

 

JTC (UK)
Limited
GreshamVCTs@jtcgroup.com

Company
Secretary
              Tel: 020 3846 9774

 

 

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