OREANDA-NEWS. The Frankfurter Aktienfonds fur 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.