REG - Global Resources Inv - Proposed Board Changes

Grit Investment TrustAnnouncement

08/05/2018 07:05

2018-05-08T06:00:40.816Zreuters.comtag:reuters.com,2018-05-08:newsml_RSH2296Na:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-08T06:00:40.816Z2018-05-08T06:00:40.816Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:2019-06-08T06:00:40.816Z3RSH2296NaREG - Global Resources Inv  - Proposed Board ChangesLEGACY: Financials (TRBC)LEGACY: Investment Trusts (TRBC)UK Investment Trusts (TRBC level 5)Financials (TRBC level 1)Collective Investments (TRBC level 3)Western EuropeUnited KingdomEuropeSuggested SourcesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesGlobal Resources Investment Trust PLC








RNS Number : 2296N
Global Resources Investment Tst PLC
08 May 2018
 

From:                Global Resources Investment Trust plc (the "Company")
LEI:                  2138005OJKGWG3X4SY51
 
Date:                8 May 2018
 
Proposed Board Changes
The Company announces the following proposed changes to its Board of Directors.
The intention is that Sean O'Brien will be appointed to the Board of the Company as a non-independent non-executive Director, representing the interests of the Company's largest shareholder, Mardasa Nominees Pty Ltd, which has notified a 29.70 per cent shareholding in the Company. 
 
Sean O'Brien has been general Manager of a Melbourne based family office for more than 10 years, and has extensive experience overseeing a portfolio of listed and unlisted investments, including many in the natural resources sector. He is a Director of Remasys Pty Ltd, a managed services software business based in Australia.
The Company is also in the process of recruiting an independent non-executive Director, and has appointed an external consultant to assist in this appointment.
It is expected that both Mr O'Brien and the new independent non-executive Director will be appointed with effect from the conclusion of the Company's forthcoming AGM.
A further announcement regarding these proposed changes will be made in due course.
There is no additional disclosure to be made in respect of Sean O'Brien pursuant to paragraph LR 9.6.13R of the Listing Rules of the UK Listing Authority.
Enquiries:
Martin Cassels
Maitland Administration Services (Scotland) Ltd
Tel:       +44 (0) 131 550 3760
 
 
 



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