REG - Edinburgh Worldwide - EWIT Board and committee structure update

Edinburgh Worldwide Investment TrustAnnouncement

08/05/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260508:nRSH5151Da&default-theme=true

RNS Number : 5151D  Edinburgh Worldwide Inv Trust PLC  08 May 2026

Edinburgh Worldwide Investment Trust plc (the "Company")

Legal Entity Identifier: 213800JUA8RKIDDLH380

Board and committee structure updates

8 May 2026

Further to the Company's announcement on 30 April 2026 conforming the election
of the new Board of Directors of the Company, the Board is pleased to provide
the following updates on the composition and committee structure of the Board
and information required to be disclosed in accordance with UKLR 6.4.8R.

Chair and committee structure

Chair

The Board is pleased to confirm that Gabriel Gliksberg has been appointed as
the Chair of the Board.

Committee structure

The Board intends to maintain the Company's existing committee structure for
the time being.

The Audit and Management Engagement Committee will be chaired by Jassen
Trenkow and will initially be comprised of Jassen Trenkow and Michael Joseph.

The Nomination Committee will be chaired by Michael Joseph and will be
comprised of all members of the Board.

The Board as a whole will continue to perform the functions which would
otherwise be performed by a separate remuneration committee.

Board independence

The Board confirms that it considers that each of the Directors to be
independent within the meaning of the AIC Corporate Governance Code.

Director biographies

Gabriel Gliksberg

Gabi is the founder & managing partner of ATG Capital Management, with
over 15 years of investment management experience and prior service as a board
member at Safe Auto Insurance Group plc and the Tortoise Energy Independence
Fund. Gabi is also currently the custodian/receiver, appointed by Delaware
Chancery Court for the wind-down of Canna-Global Acquisition Corp.

Jassen Trenkow

Jassen is a former finance and banking executive with over 20 years of
experience, including senior operating and governance roles at Goldman Sachs
and Barclays.

Michael Joseph, CFA

Michael is a portfolio manager & Deputy CIO at Stansberry Asset Management
and author of "A Dollar for Fifty Cents: Proven Strategies to Outperform the
Market with Closed-End Funds". Michael has over 15 years of experience
overseeing multi-asset portfolios with diverse strategies.

There is no further information required to be disclosed in relation to the
Directors by UKLR 6.4.8R.

Future Board appointments

The Board intends to appoint a recruitment consultancy to assist with the
appointment of additional Directors (including a Senior Independent Director).
The Board is mindful of the diversity targets set out in the UK Listing Rules
and will take these into account when making any additional appointments. The
Board's intention is that at least one new Director, if appointed, would join
the Audit and Management Engagement Committee.

Continuity

The Board notes some service providers to the Company resigned at the
conclusion of the AGM without having met the Board, but confirms that it has
appointed very experienced replacements where necessary who are independent
and acting solely in the interests of all shareholders.

The Board recognises the benefit of experience and continuity in relation to
the Company and is pleased to confirm that Deutsche Numis remains as the
Company's appointed corporate broker and Baillie Gifford remains as the
Company's investment manager and company secretary.

Commenting on the appointments, Gabi Gliksberg said, "I am grateful to my
board colleagues for selecting me to Chair Edinburgh Worldwide. The Board is
in agreement that ensuring orderly governance and operational continuity is a
key priority and look forward to engaging constructively with Baillie Gifford
, Deutsche Numis, shareholders and other stakeholders."

For any enquiries, please contact:

Deutsche Numis

Nathan Brown

Tel: +44 20 7547 0569

Matt Goss

Tel: +44 20 7547 0541

Baillie Gifford & Co Limited (Company Secretary)

crtallenquiries@bailliegifford.com

Tel +44 131 275 2000

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDARMJTMTJMTLF



            Copyright 2019 Regulatory News Service, all rights reserved