A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
MULTIPLE NON MATERIAL TEXT AMENDMENTS A number of non material typographical changes have been made to the QUESTIONS PURSUANT TO THE CIRCULAR announcement released on 07 May 2021 at 15:35 under RNS No 9769X The changes are identified with an asterisk ( ). The full amended text is shown below. -
VENTUS VCT PLC & VENTUS 2 VCT PLC (THE COMPANIES ) - QUESTIONS RAISED BY SHAREHOLDERS PURSUANT TO THE CIRCULAR DATED 13 APRIL 2021:
QUESTION 1
Why is the Ventus expense ratio so much higher than for an infrastructure fund? (The total TER for Greencoat appears to be less than the investment manager fee for Temporis and yet there must be less work if there is no asset renewal or purchase programme). There is no reference in the circular to investigating other options around a low cost management of the funds that would capture the value of the life extensions and repowering.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
MULTIPLE NON MATERIAL TEXT AMENDMENTS A number of non material typographical changes have been made to the QUESTIONS PURSUANT TO THE CIRCULAR announcement released on 07 May 2021 at 15:47 under RNS No 9774X The changes are identified with an asterisk ( ). The full amended text is shown below. -
VENTUS VCT PLC & VENTUS 2 VCT PLC (THE COMPANIES ) - QUESTIONS RAISED BY SHAREHOLDERS PURSUANT TO THE CIRCULAR DATED 13 APRIL 2021:
QUESTION 1
Why is the Ventus expense ratio so much higher than for an infrastructure fund? (The total TER for Greencoat appears to be less than the investment manager fee for Temporis and yet there must be less work if there is no asset renewal or purchase programme). There is no reference in the circular to investigating other options around a low cost management of the funds that would capture the value of the life extensions and repowering.