Henderson Group plc HGG Henderson Group - Update on PFI Fund II

  Henderson Group plc (HGG) - Henderson Group - Update on PFI Fund II

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


MSCGGGPWGUPPUBQ -0- Nov/16/2012 10:00 GMT
 
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