REG - Kelso Group Holdings - Directorate Change

Kelso groupAnnouncement

11/10/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231011:nRSK7038Pa&default-theme=true

RNS Number : 7038P  Kelso Group Holdings PLC  11 October 2023

Kelso Group Holdings Plc ("Kelso' or the "Company")

 

Directorate Change

 

 

Kelso, the main market-listed investment company, is pleased to announce that
Sarah Rajani has joined the Company's board of directors (the "Board") as an
Independent Non-Executive Director ("NED").

 

Sarah has over 25 years of professional experience in strategic and investor
communications, shareholder activism and public affairs, with a particular
focus on corporate and financial services. Sarah is currently Vice President
of Investor Relations & Communications at OCI Global, the global producer
and distributor of hydrogen-based products. Previously, Sarah was Director of
Communications at Elliott Advisors, where she led and advised on all aspects
of communications and public relations activities across Europe and Asia from
2016 until 2022.

 

Prior to Elliott Advisors, Sarah held senior communications roles at Actis,
the global investor in sustainable infrastructure, and Apax Partners, the
global private equity advisory firm. Sarah also spent nearly five years
in-house at retailers New Look and Samsonite, leading stakeholder engagement
and investor relations activities, and navigating transformative ownership
changes. Sarah started her career at Citibank and Dresdner Kleinwort
Wasserstein respectively, where later she was Vice President of Pan-European
General Retail and Luxury Goods Equity research. Sarah is a CFA Charterholder
and a Trustee of the charity Restore the Music UK.

 

Sir Nigel Knowles, Chairman, commented: "I am delighted to announce our new
independent NED, Sarah, who brings a wealth of experience in the financial
sector. Sarah's background in strategic and shareholder communications and her
strong understanding of the complexities involved in creating and executing
successful campaigns will be invaluable in helping the Board make informed
decisions that will drive Kelso's long-term success. Kelso will greatly
benefit from her perspectives and knowledge as we look to build upon its early
success."

 

Sarah Rajani commented: "I am pleased to be appointed to the Kelso Board and
look forward to working with Sir Nigel and his executive team in contributing
to Kelso's long-term growth and creating value for all its stakeholders."

 

 

About Kelso

Kelso was established in 2022 to identify, engage and unlock trapped value in
the UK stock market. Kelso's strategy is to invest in situations where there
is an anomaly between the intrinsic value and prospects of a company and its
stock market valuation. Kelso will, in particular, look for situations where
it believes the sum of the parts of a business is greater than the current
value.

 

For further information please contact:

 Kelso Group Holdings plc                      +44 (0) 75 4033 3933
 John Goold, Chief Executive Officer

 Mark Kirkland, Chief Financial Officer

 Jamie Brooke, Chief Investment Officer

 Zeus (Broker)                                 +44 (0) 20 3829 5000
 Nick Cowles, Ed Beddows (Investment Banking)

 Ben Robertson (Corporate Broking)

 

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  BOAEAEEEFELDFAA