HGI Henderson Grp

TIDMHGG

RNS Number : 3159R

Henderson Group plc

16 November 2012

Update on PFI Fund II

16 November 2012

As previously announced, Henderson Equity Partners (GP) Limited and Henderson Equity Partners Limited, subsidiaries of Henderson Group plc ('Henderson Group'), and Henderson PFI Secondary Fund II L.P. ('Fund II'), were served with legal proceedings by a majority of investors in Fund II in December 2011. The proceedings principally allege breach of mandate and misrepresentation.

A Court hearing, held during the week of the 5(th) of November, dealt with preliminary matters and certain issues in relation to the allegations of breach of mandate. Judgment has now been handed down and the Court has found in favour of both Henderson Equity Partners (GP) Limited and Henderson Equity Partners Limited in respect of all of the issues considered by the Court at that hearing in relation to the allegations of breach of mandate.

Henderson Group does not know at this stage whether the investors in Fund II will appeal the judgment.

Henderson Group plc

47 Esplanade

St Helier

Jersey JE1 0BD

Registered in Jersey

No. 101484

ABN 67 133 992 766

 
 
   Further information 
   www.henderson.com or 
-------------------------------------  --------------------------------- 
 
 Investor enquiries 
-------------------------------------  --------------------------------- 
 Mav Wynn, Head of Investor Relations   +44 (0) 20 7818 5135 or 
-------------------------------------  --------------------------------- 
                                        +44 (0) 20 7818 5310 
-------------------------------------  --------------------------------- 
                                        mav.wynn@henderson.com or 
-------------------------------------  --------------------------------- 
                                        investor.relations@henderson.com 
-------------------------------------  --------------------------------- 
 
 Media enquiries 
-------------------------------------  --------------------------------- 
 Richard Acworth, Head of Corporate     +44 (0) 20 7818 3010 
  Communications                         richard.acworth@henderson.com 
-------------------------------------  --------------------------------- 
 United Kingdom: Maitland               Australia: Cannings 
-------------------------------------  --------------------------------- 
 Peter Ogden/George Trefgarne           Luis Garcia 
-------------------------------------  --------------------------------- 
 +44 (0)20 7379 5151                    +61 (0)2 8284 9911 
-------------------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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