Schroder Br.Opps.Tst - Appointment of SID and Board Committee Changes
03/10/2023 07:01
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231003:nRSC4445Oa&default-theme=true RNS Number : 4445O Schroder British Opportunities Tst. 03 October 2023 Schroder British Opportunities Trust PLC (the "Company") Appointment of SID and Board Committee Changes Schroder British Opportunities Trust plc is pleased to announce that director Diana Dyer Bartlett has been appointed as senior independent non-executive director of the Company, in addition to her role as chair of the audit & risk committee. Separately, the Company has also decided to form a new valuations committee, to be chaired by director Professor Tim Jenkinson, a leading authority on private equity and the mechanisms of valuation. This decision recognises the importance of the Board's oversight role on valuations and the need for shareholders to have confidence in the outcomes. The valuations committee will review, and where necessary challenge, the valuations carried out by the specialist in-house valuations team at Schroders. This team operates independently of the portfolio management team. Valuations are calculated using established methodologies and public market comparators in accordance with International Private Equity and Venture Capital guidelines. The outcome of the valuations committee will be then subject to further review by the audit & risk committee and, in respect of the annual results, the Company's external auditors. The changes above are effective immediately. It is confirmed that there are no other details to be disclosed under Listing Rule 9.6.11. Enquiries: Paula Lockwood Schroder Investment Management Limited Tel: 020 7658 6000 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 BOAKZMGGRZLGFZM