ARGO GROUP LIMITED

Regulatory Filings • Mar 28, 2017

National Storage Mechanism | Additional information

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RNS Number : 8039A

ARGO Group Limited

28 March 2017

28 March 2017

Argo Group Limited ("AGL" or "the Company")

Argo Group Limited, the independent alternative investment manager offering a multi-strategy platform for investing in global emerging markets, announces that it has agreed to reduce the annual management fee it receives from the Argo Real Estate Opportunities Fund Limited ("AREOF" or "the Fund") from EUR 2m to EUR 1m. The fee reduction is part of a wider restructuring of AREOF which aims to reduce the Fund's liabilities and return it to a positive equity position.

Enquiries:

Argo Group Limited

Andreas Rialas

020 7016 7660

Panmure Gordon

Dominic Morley

020 7886 2500

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

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