Schroder Br.Opps.Tst - Portfolio Management Update
27/09/2024 07:00
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240927:nRSa8777Fa&default-theme=true RNS Number : 8777F Schroder British Opportunities Tst. 27 September 2024 Schroder British Opportunities Trust plc (the "Company") Portfolio Management Update 27 September 2024 The Board of Schroder British Opportunities Trust plc has been informed by Rory Bateman, Co-Portfolio Manager of the Company and Co-Head of Investment at Schroders, of his intention to retire from Schroders in February 2025. Rory has managed the Company's public equity portfolio alongside Tim Creed, Schroders Capital's Head of Private Equity Investments and manager of the Company's private equity portfolio, since the Company's inception in 2020. Rory will continue in his role as Co-Portfolio Manager until his retirement, alongside Tim Creed and together with Uzo Ekwue and Peraveenan Sriharan who joined Rory and Tim as Co-Portfolio Managers of the public and private sleeves respectively in 2023. The public equity sleeve represented 22.6% of the unaudited NAV as at 30 June 2024 and the Company will be reviewing options for this part of the portfolio going forward. An update will be provided in due course. Justin Ward, Chairman of Schroder British Opportunities Trust plc, commented: "Rory has made a significant contribution to the Company, particularly in managing the public equity portfolio since our IPO in 2020 through his extensive experience in UK public equities. We wish him well for the future." For further information, please contact: Schroder Investment Management Limited Katherine Fyfe (Company Secretarial) 020 7658 6000 Andy Pearce (PR) 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 STRDZGZLKVRGDZM