Liontrust Asset Management PLC

Capital/Financing Update • Sep 5, 2023

National Storage Mechanism | Additional information

RNS Number : 4312L

Liontrust Asset Management PLC

05 September 2023

THIS ANNOUNCEMENT, INCLUDING THE APPENDICES AND THE INFORMATION CONTAINED IN THEM, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.

FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.

LEI: 549300XVXU6S7PLCL855

For immediate release

05 September 2023

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Update on Short-Term Loan Facilities with GAM Holding AG

Liontrust Asset Management Plc ("Liontrust"), the specialist independent fund management group, today issues an update on the short-term secured loan facility agreements to provide a combined £17.8 million of financial support to GAM Holding AG ("GAM").

Liontrust announces that on 4 September 2023 GAM repaid £8.9 million plus interest under the Tranche 1 Facility1, and this facility has been cancelled. The Tranche 2 Facility1 of a further £8.9m, which was not drawn by GAM, was also cancelled. As a result, there is no outstanding indebtedness between Liontrust and GAM, and Liontrust's financial support of GAM has ended.

1 As defined in the shareholder circular that was published by Liontrust on 13 June 2023.

For further information please contact:

Teneo (Tel: 020 7353 4200, Email: liontrust@teneo.com)

Tom Murray

Liontrust Asset Management Plc (Tel: 020 7412 1700, Website: liontrust.co.uk)

John Ions: Chief Executive

Vinay Abrol: Chief Financial Officer & Chief Operating Officer

Simon Hildrey: Chief Marketing Officer

David Boyle: Head of Corporate Development

Alantra Corporate Finance LLP (Tel: 020 7246 0500)

Lead Financial Adviser

JP McGrath, Jake Delaney, André Chetty

Singer Capital Markets (Tel: 020 7496 3000)

Corporate Broking: Tom Salvesen

Corporate Finance: Justin McKeegan

Panmure Gordon (Tel: 020 7886 2500)

Corporate Broking: David Watkins

Corporate Advisory: Atholl Tweedie

ENDS

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