23 July 2024
Pacific Assets Trust plc
(the "Company")
Appointment of New Director
The Board of Pacific Assets Trust plc is pleased to announce the appointment
of June Ang as an independent non-executive Director of the Company, with
effect from 26 September 2024.
Ms Ang was the Managing Director, and later a non-executive director, of PEAL
Capital Partners. Previously she was Head of Investor Relations at Crake Asset
Management LLP. Ms Ang has over 30 years of experience in financial markets
and has a deep knowledge of emerging markets, particularly Asia. She spent two
decades in Asian Equities and headed up the Asian Equity sales desk at HSBC
for 12 years. As a Managing Director, she was directly accountable for
financial performance, and responsible for strong risk management, regulatory
and governance oversight and an in-depth understanding of asset management.
She has held senior roles at Goldman Sachs, Citigroup and UBS, serving UK,
European and Middle East clients. Ms Ang has also worked in hedge funds and
private equity and so has insight and expertise that spans public and private
markets.
Ms Ang has also been appointed to the Company's Audit Committee, Engagement
and Remuneration Committee, Nominations Committee, and Sales, Marketing and
Communications Committee with effect from 26 September 2024. She will offer
herself for election by the Company's shareholders at the next Annual General
Meeting to be held in July 2025.
There is no information to disclose in respect of paragraphs 9.6.13(1) to
9.6.13(6) of the Financial Conduct Authority's Listing Rules.
- ENDS-
For further information please contact:
Katherine Manson Frostrow Capital LLP, AIFM and Company Secretary 020 3709 8734
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