|By PR Newswire||
|March 13, 2014 03:02 AM EDT||
LONDON, March 13, 2014 /PRNewswire/ --
Tetragon Financial Group Limited ("TFG") and Tetragon Financial Group Master Fund Limited (the "Master Fund") Announcement
Mr. Greville Ward has decided to step down as a member of the board of directors of each of TFG and the Master Fund. Mr. Ward advised: "It has become increasingly apparent, as this year has progressed, that my other professional commitments would not allow me to dedicate the time required to serve as an Independent Director of TFG. I wish TFG every success in the future." Mr. Rupert Dorey, on behalf of the board of each of TFG and the Master Fund, has stated: "Mr. Ward has made a significant contribution during his four years as a director. We fully understand that his commitments elsewhere make his continued service on the TFG boards difficult, and offer him our best wishes in his future endeavours." No immediate decision has been made regarding any possible addition to the boards of directors.
TFG is a Guernsey closed-ended company traded on NYSE Euronext in Amsterdam under the ticker symbol "TFG" that aims to provide stable returns to investors across various credit, equity, interest rate and real estate cycles. The company maintains two key business segments: an investment portfolio and an asset-management platform. Both segments cover a broad range of assets including bank loans, real estate, equities, credit and convertible bonds. For further information, please contact:
This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of TFG have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act"), as amended, and may not be offered or sold in the United States or to U.S. persons unless they are registered under applicable law or exempt from registration. TFG does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, TFG has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. TFG is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act ("FMSA") as a collective investment scheme from a designated country. This release constitutes regulated information ("gereglementeerde informatie") within the meaning of Section 1:1 of the FMSA.
David Wishnow/Greg Wadsworth