Loudwater Trust Limited
Loudwater Trust Limited ("the Trust") is a closed-ended investment company registered in Guernsey and listed on AIM.  The Company is advised by Loudwater Investment Partners. The Trust was established and listed on AIM in January 2007 to invest in pre-IPO and other later stage investment opportunities. Loudwater Trust's backers include The Bank of Scotland (a subsidiary of Lloyds Banking Group plc), a small number of large hedge funds and Panmure Gordon & Co., a leading mid-market corporate and institutional stockbroker.
       The following information is provided in accordance with AIM rule 26
Date of last update: 25th October 2011
Directors:
The Directors are responsible for the determination of the Company’s investment objective and policy and have overall responsibility for the Company’s activities including investing, divesting and review of investment activity and performance. The Directors, all of whom are non-executive, are as follows:-

Howard Flight (Chairman)
Rhys Davies
Robert Fearis
Christopher Fish
Edward Forwood
Roger Le Tissier
Brett Miller
View further information on directors

Board Committees:
 The board has two committees:

The management engagement committee, which is tasked with monitoring the performance of the Management Adviser and comprises Howard Flight (Chairman), Christopher Fish, Robert Fearis, Roger le Tissier and Rhys Davies. 

The audit committee which comprises Robert Fearis (Chairman), Christopher Fish, Roger le Tissier and Rhys Davies.

Shares:
Loudwater Trust Ltd’s shares are traded on AIM. 
                                  

Ordinary Shares in issue: 60,232,855

 

Shareholders: Damille Investments Limited
Uberior Equity Limited
Moore Europe Capital Management Ltd
Lansdowne Partners Ltd
FIL Ltd
Cheyne Capital Management Ltd
Panmure Gordon & Co. plc
27.64% 22.05% 9.84% 9.83% 6.87% 8.02% 6.64%
Shares not in public hands

(of which 49.69% are included above)               

 49.69%
Uberior Equity Limited is a subsidiary of Lloyds Banking Group plc

Advisers:
Administrator, Company Secretary & Registered Office Praxis Fund Services Ltd
PO Box 296
Sarnia House
St. Peter Port
Guernsey, GY1 4NA
Channel Islands
Tel: +44 (0)1481 737 600
Fax: +44 (0)1481 749 829

www.pfs.gg
Auditor BDO Limited
PO Box 180
Place Du Pre
Rue Du Pre
St. Peter Port
Guernsey, GY1 3LL
Channel Islands		 Tel: +44 (0)1481 724 561
Fax: +44 (0)1481 711 657

www.bdo.gg
Investment Adviser Loudwater Investment
Partners Ltd
Little Tufton House
3 Dean Trench Street
London, SW1P 3HB
Tel: +44 (0)20 3372 6400
Fax: +44 (0)20 7222 2991

www.loudwaterpartners.com
Nominated Adviser
& Broker 		Panmure Gordon (UK) Limited
Moorgate Hall
155 Moorgate
London, EC2M 6XB
Tel: +44 (0)20 7459 3600

www.panmure.com
Registrar Capita Registrars (Guernsey) Limited
Longue Hougue House
St. Sampson
Guernsey, GY1 3US
Channel Islands
Tel: +44 (0)1534 847 445
Fax: +44 (0)1534 847 021

www.capitaregistrars.com


Loudwater Trust is incorporated in Guernsey (company number 46213) and is a global investment company, therefore the rights of shareholders may be different from the rights of shareholders in a UK incorporated company. For more information please see the Articles of Association of the Company.

Loudwater Trust has not applied or agreed to have any of its securities admitted or traded on any exchange or trading platform other than AIM.

Documents for download:
05.11.08 Memorandum & Articles of Association
29.01.07 Admission Document
20.08.07 Interim Report & Accounts 2007
12.05.08 Annual Report & Accounts 2007
25.06.08 AGM Notice & Form of Proxy 2008
30.06.08 Interim Report & Accounts 2008
25.09.08 Tender Offer Circular
22.04.09 AGM Notice & Form of Proxy 2009
22.04.09 Annual Report & Accounts 2008
14.08.09 Interim Report & Accounts 2009
30.11.09 Investment Policy
04.05.10 Annual Report & Accounts 2009
06.05.10 AGM Notice & Form of Proxy 2010
06.09.10 Interim Report & Accounts 2010
23.05.11 Annual Report & Accounts 2010
23.05.11 AGM Notice & Form of Proxy 2011
26.09.11 Interim Report & Accounts 2011

RNS announcements for download:
24.01.07 Placing of Shares & Admission to Trading on AIM
29.01.07 First Day of Dealings
01.02.07 Holdings in Company
12.04.07 Net Asset Value 31.03.07
05.07.07 Net Asset Value 30.06.07
15.08.08 AIM Rule 26 Compliance
20.08.07 Interim Report & Accounts 2007
05.10.07 Net Asset Value 30.09.07
21.12.07 Change of Adviser
14.01.08 Net Asset Value 31.12.07
16.04.08 Net Asset Value 31.03.08
12.05.08 Annual Report & Accounts 2007
06.06.08 AGM Notice & Form of Proxy
25.09.08 Notice of Tender Offer & EGM
25.09.08 Net Asset Value & Interim Report & Accounts 30.06.08
17.10.08 Net Asset Value 30.09.08
17.10.08 Results of Tender Offer
24.10.08 Tender Offer - Contract on Display
05.11.08 Result of EGM
17.11.08 Total Voting Rights
21.01.09 Holdings in Company
24.02.09 Net Asset Value 31.12.08
22.04.09 Annual Report & Accounts 2008
15.05.09 Net Asset Value 31.03.09
13.07.09 Net Asset Value 30.06.09
30.07.09 Results of AGM
14.08.09 Interim Report & Accounts 2009
03.09.09 Holdings in Company
07.09.09 Holdings in Company
08.09.09 Holdings in Company
09.09.09 Holdings in Company
21.10.09 Net Asset Value 30.09.09
29.10.09 Holdings in Company
30.11.09 Investment Policy RNS
08.02.10 Net Asset Value 31.12.09
19.02.10 Alternate Director Appointed
04.05.10 Annual Report & Accounts 2009 and Net Asset Value 31.03.10
06.05.10 AGM Notice & Form of Proxy 2010
23.07.10 Results of AGM
30.07.10 Net Asset Value 30.06.10
06.09.10 Interim Report & Accounts 2010
22.10.10 Net Asset Value 30.09.10
24.01.11 Net Asset Value 31.12.10
10.02.11 Proposed Sale of Top Layer Networks & Return of Capital
03.03.11 Sale of Top Layer Networks
24.03.11 Holdings in Company
25.03.11 Holdings in Company
06.04.11 Return of Capital & Investment Update
20.04.11 Net Asset Value 31.03.11
20.05.11 New Directors Appointed
23.05.11 Annual Report & Accounts 2010
23.05.11 AGM Notice & Form of Proxy 2011
21.06.11 Result of AGM
22.06.11 Return of Capital - Redemption of B Shares
23.06.11 Return of Capital
22.07.11 Net Asset Value 30.06.11
26.09.11 Interim Report & Accounts 2011
21.10.11 Net Asset Value 30.09.11
15.11.11 Holdings in Company
18.11.11 Holdings in Company
18.01.12 Sale of Investment in City Financial
23.01.12 Net Asset Value 31.12.11
23.01.12 Return of Capital - B Share Issue
06.02.12 Return of Capital - B Share Redemption

Transfer restrictions:
For US Transfer Restrictions please see Part VI of the Admission Document.

Documents are in pdf format.  Download Adobe Acrobat reader if required:-

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