Doc re. Board Changes

RNS Number : 2785Z

City of London Investment Trust PLC

13 December 2017

 

HENDERSON INVESTMENT FUNDS LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

Legal Entity Identifier: 213800F3NOTF47H6AO55

13 December 2017

THE CITY OF LONDON INVESTMENT TRUST PLC

BOARD CHANGES

Appointment of a non-executive Director

The Board of The City of London Investment Trust plc is pleased to announce the appointment of Mr Robert Edward (Ted) Holmes as a non-executive Director with effect from 1 January 2018. Mr Holmes will also be a member of both the Audit Committee and the Nominations Committee.

Ted Holmes, CFA, joins the Board following a twenty year career at UBS Asset Management. During that time, Ted worked as a Managing Director in both the Chicago office (previously Brinson Partners) and London office (previously Phillips and Drew) in a variety of positions, from analyst to European Head of Equities. As European Head of Equities, he had management responsibility for equity investment teams across Europe, as well as corporate governance. Prior to UBS, Ted worked for Ernst & Young where he also earned his CPA license. Ted has an MBA from the University of Chicago Booth School of Business.

In accordance with paragraphs 9.6.13 (1) to (6) of the Listing Rules, it is confirmed that there are no additional details to be disclosed in relation to Mr Holmes.

Retirement of a non-executive Director

It is further announced that Mr David Brief will retire from the Board on 5 April 2018, having joined the Board on 1 January 2009.

For further information, please contact:

Rachel Peat

Henderson Secretarial Services Limited

Corporate Secretary to The City of London Investment Trust plc

Telephone: [phone]

James de Sausmarez

Director and Head of Investment Trusts

Janus Henderson Investors

Telephone: [phone]

 

END

 

 

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