Further to the Company s announcement on 8 March 2021, the Company has with effect from 1 May 2021 appointed Jupiter Unit Trust Managers Limited (the Jupiter AIFM ) as its new alternative investment fund manager, replacing Maitland Institutional Services Limited (the Maitland AIFM ) whose appointment was terminated at the same time. The Jupiter AIFM is a member of the same group as Jupiter Investment Management Limited (the Investment Adviser ) and this change will not impact the provision of services to the Company by the existing management team at the Investment Adviser. Under the new arrangements, the management and performance fees previously payable to the Investment Adviser are now payable to the Jupiter AIFM together with reimbursement of reasonable expenses incurred by it in the performance of its duties. Additionally, the Jupiter AIFM is entitled to an AIFM fee per month equal to 1/12 of the sum of: (i) 0.05 per cent of the Company s net
National World, (LSE: NWOR.L), the investment business established to create a modern platform for news publishing through acquisition and transformation, announces its results for the year ended 31 December 2020, together with details of its forthcoming Annual General Meeting, ( AGM ). During the year, the Company continued to evaluate a number of acquisition opportunities. F ollowing a three month due diligence process, it completed the acquisition of JPIMedia Publishing Limited and its subsidiaries, (the JPI Group ) on 2 January 2021 ( the Acquisition). As the Acquisition was completed after the 2020 financial year end, the National World results for the year ended 31 December 2020 do not consolidate the results of JPI Group.
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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;