# Woodford Patient Capital Trust plc Company Update

- Link: https://www.directorstalkinterviews.com/woodford-patient-capital-trust-plc-company-update/412784449
- Published: 2019-06-10T07:23:49+01:00
- Author: Amilia Stone

The Board of **Woodford Patient Capital Trust plc** (LON:WPCT) notes the recent 
developments at Woodford Investment Management Ltd.

Following the events relating to LF Woodford Equity Income Fund, the Board also 
notes the reaction in the Company’s share price and the share prices of certain 
quoted portfolio companies in which WEIF is also invested. 

The Board is pleased with the operational progress of its portfolio companies, which
the Board believes continue to have the potential to deliver attractive returns,
in line with the long-term mandate of the Company. The operational performance of
these businesses is not impacted by recent events.

> **Susan Searle, Chair, commented**: “The Board is closely monitoring the situation
> and is engaging with its shareholders and advisers. Separately, the Board is in
> regular dialogue with the portfolio manager. The Board wishes to emphasise the
> long-term approach of the Company and will continue to keep shareholders updated
> as necessary.”

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