Liontrust CEO accused of spreading ‘false rumours’ which ‘border illegality’ ahead of GAM offer deadline
Investor group NewGAMe has raised a complaint to the Swiss Takeover Board
Investor group NewGAMe has raised a complaint to the Swiss Takeover Board
Rock suggested the asset manager issue a £22m convertible bond
The meeting was planned to give shareholders a vote on proposals made by Rock Investment
Board ‘determined’ to go forward as planned despite Liontrust offer period extension
FCA has granted approval for the proposed takeover
CEO John Ions criticised the investor group’s proposal, accusing them of being ‘long on rhetoric’ but ‘short on detail’
Swetha Ramachandran will co-manage the Artemis Global Select fund
The offer period was due to end on 25 July but was twice extended
Shareholders have until 4 August to weigh up the proposed takeover
The asset manager has also written to the Swiss Takeover Board
NewGAMe had urged shareholders to hold off on supporting the takeover
Offer at a 29.1% premium to the Liontrust proposal