October 16, 2019 / 9:11 AM / a month ago

BRIEF-Trading in LF Woodford Income Focus Fund Suspended - Link

Oct 16 (Reuters) - Woodford Patient Capital Trust PLC :

* TRADING SUSPENDED IN LF WOODFORD INCOME FOCUS FUND WITH EFFECT FROM OCT. 15 UNTIL FURTHER NOTICE - LINK

* LINKS SAYS DURING THE FUND’S SUSPENSION, IT WILL CONSIDER THE OPTIONS AVAILABLE TO IT INCLUDING THE APPOINTMENT OF AN ALTERNATE INVESTMENT MANAGER, A SCHEME OF ARRANGEMENT INTO ANOTHER FUND OR A WINDING-UP OF THE FUND

* LINK SAYS WILL FORMALLY REVIEW THE SUSPENSION AT LEAST EVERY 28 DAYS, EXPECTS TO WRITE TO INVESTORS WITH AN UPDATE WITHIN THE NEXT 14 DAYS Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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