Shareholder Value Management AG
Shareholder Value Management AG calls for new chairman and the separation of two business units at John Menzies Plc
DGAP-Media / 2016-07-04 / 09:00 Frankfurt, July 4th 2016. The Frankfurter Aktienfonds für Stiftungen (ISIN: DE000A0M8HD2), a fund sub-advised by Shareholder Value Management AG (SVM), has purchased 4.31 million shares of John Menzies Plc. (ISIN: GB0005790059), equivalent to 7.0% of the shares outstanding. John Menzies, an Edinburgh based company, provides distribution and aviation services in the United Kingdom, Continental Europe, the United States, and internationally. It operates through two segments, Distribution and Aviation. As a direct result of the recent developments at the corporate governance level, SVM believes that the company - after two challenging years - is finally on the right track to take the appropriate actions to realize value for its shareholders under new leadership. Accordingly, SVM encourages the timely nomination of a new independent chairman and strongly urges the company to separate the Aviation business from the Distribution business, a move that would be immediately and significantly value accretive, and in the interest of all shareholders. Shareholder Value Management AG, based in Frankfurt (Germany), follows the principles of value investing, looking to invest in securities with prices that are unjustifiably low relative to the intrinsic values of the underlying businesses. The company advises various investment vehicles with a total of 1.7bn EUR in assets, allocated primarily to small and midcap companies in Europe. Shareholder Value Management AG takes the role of a stable financial investor, engaging actively with entrepreneurs, business owners and management teams to contribute to long term value creation for shareholders. Disclaimer: Shareholder Value Management AG acts under the liability umbrella of NFS Netfonds Financial Service GmbH. Süderstraße 30. 20097 Hamburg. All contents provided herein are based. if not stated separately. on public available information or on internal developed data of Shareholder Value Management AG or its affiliated entities. Data source for fund prices and indexes is Thomson Financial. the fund administrator or own data. Historical performance is no guarantee for or against future returns or losses. Shareholder Value Management AG takes no liability for the correctness or completeness of the contents and figures shown here. This fund presentation serves for information purposes exclusively and is not an offer for the purchase or sale of fund shares. The only legal basis for a subscription is the sales documents of this fund (the current sales prospectus. the current annual report and - if this is older than eight months - the latest semi annual report). Subscription documents are available free of charge from the respective custodian. the mutual fund company or under www.shareholdervalue.de. Every passing on or duplication of the documents provided here requires the explicit approval of Shareholder Value Management AG. Frankfurt am Main. Changes reserved. Contact: Shareholder Value Management AG Frank Fischer Telefon +49 (69) 66 98 30 0 Email: info@shareholdervalue.de www.shareholdervalue.de End of Media Release --------------------------------------------------------------------------- Issuer: Shareholder Value Management AG Key word(s): Finance 2016-07-04 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ---------------------------------------------------------------------------
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