REG-Rights and Issues Investment Trust PLC Rights and Issues Investment Trust PLC: Directorate Change

Rights and Issues Investment TrustAnnouncement

08/12/2022 13:30

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   Rights and Issues Investment Trust PLC (RIII)
   Rights and Issues Investment Trust PLC: Directorate Change

   08-Dec-2022 / 13:29 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   Rights and Issues Investment Trust PLC

   (the "Company")

    

   LEI:  2138002AWAM93Z6BP574

    

    

   Appointment of Non-Executive Director

    

   The Board of  Rights and Issues  Investment Trust PLC  (the “Company”)  is
   pleased  to  announce  the  intention  to  appoint  Helen  Vaughan  as   a
   Non-Executive Director  and  Chair  of  the  Audit,  Risk  and  Compliance
   Committee with effect from 1 January 2023.

    

   Helen has over 30 years of investment management experience. As the  Chief
   Operating Officer for the JOHCM Group, Helen oversaw the transformation of
   the Group’s operating model to one  which supported rapid growth and  also
   significantly reduced operational risk to  the business. She retired  from
   this company in  September 2019.  Prior to  joining JOHCM  Group in  2004,
   Helen  was  Director  of  Business  Development  at  Credit  Suisse  Asset
   Management and  before that  Head of  Investment Operations  at SLC  Asset
   Management and Head of Client Accounting at Framlington Group Limited.

    

   Helen is a Chartered Accountant and has a BA (Hons) in Combined Arts  from
   the University  of  Leicester. She  currently  serves as  a  non-executive
   director on three Irish  fund boards, an Irish  and UK management  company
   and a  UK investment  trust which  has not  yet listed.  Helen is  also  a
   certified independent fund director.

    

   In accordance  with paragraph  9.6.13  (1) of  the  Listing Rules,  it  is
   confirmed  that  Helen  has   been  a  non-executive  director of   Aurora
   Investment Trust PLC since  8 September 2022. Helen  is also the chair  of
   the audit committee for Aurora Investment Trust PLC.

    

   In accordance with paragraphs 9.6.13 (2)  to (6) of the Listing Rules,  it
   is confirmed  that there  are no  additional details  to be  disclosed  in
   relation to the appointment.

    

   Retirement of Non-Executive Director

    

   The Company also announces that David Bramwell will retire from the  Board
   with effect from 31 December 2022. The  Board would like to thank him  for
   his most valuable contribution to the  Company throughout his 20 years  of
   service.

    

   Following David Bramwell’s retirement, David Best will become Chairman  of
   the Board with effect from 1 January 2023. 

    

   From 1 January 2023, the Board will comprise five Non-Executive Directors,
   namely David Best,  Andrew Hosty,  Simon Knott, Jonathan  Roper and  Helen
   Vaughan.

    

   For further information please contact:

    

   Maitland Administration Services Limited

   Company Secretary

   Tel: 01245 398950

   Email: cosec@maitlandgroup.com

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   ISIN:          GB0007392078
   Category Code: BOA
   TIDM:          RIII
   LEI Code:      2138002AWAM93Z6BP574
   Sequence No.:  207312
   EQS News ID:   1508635


    
   End of Announcement EQS News Service

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