XCAP Xcap Securities

TIDMHUME

RNS Number : 3092E

Hume Capital Securities PLC

08 April 2014

8 April 2014

Hume Capital Securities plc

("Hume" or the "Company")

Appointment as Investment Manager of the Peterborough Infrastructure Fund

Hume Capital Securities plc (AIM: HUME), the AIM listed Capital Markets and Wealth Management group is pleased to announce that it has been appointed the Investment Manager of the newly created Peterborough Infrastructure Fund (the "Fund"). Hume Capital will be responsible for establishing the Fund which is expected to be GBP130 million. The purpose of the Fund is to provide a holistic approach to infrastructure development for the City of Peterborough and to help the Council to execute its strategy whilst minimising the investment risk.

The Fund will seek to develop key infrastructure targets whilst achieving an above inflation return for investors. The first phase of investments have already been identified. For Hume Capital Securities plc, this will represent a significant increase in assets under management, with the potential for further growth. Other councils have also expressed an interest in creating similar funds and discussions are under way with them.

This is the first time a Council in the UK has partnered with an investment firm in this manner and is expected to lead to more funds being set up along this basis. There are considerable advantages to this type of structure which aligns the interests of tax payers and investors.

Enquiries:

Hume Capital Securities plc

Nitin Parekh (Chief Executive Officer) 020 3693 1470

Grant Thornton UK LLP, Nominated Adviser

Philip Secrett /Melanie Frean/ Jamie Barklem 020 7383 5100

This information is provided by RNS

The company news service from the London Stock Exchange

END

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