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BRIEF-Contango Microcap says will revert to a single manager structure
May 25, 2017 / 9:50 AM / 3 months ago

BRIEF-Contango Microcap says will revert to a single manager structure

May 25 (Reuters) - Contango Microcap Ltd

* Updates in respect of investment management arrangements

* Believes that CTN's current dual manager structure is not in best interests of CTN shareholders

* With immediate effect, CTN will revert to a single manager structure and OCFM will cease providing investment management services to company

* CTN's current dual manager structure has increased cost and complexity of reporting and overseeing CTN's investments Source text for Eikon: Further company coverage:

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