Directorate Change

RNS Number : 4426W

TOC Property Backed Lendng Tst PLC

14 November 2017

 

From:                TOC Property Backed Lending Trust plc (the "Company")

LEI:                  213800EXPWANYN3NEV68

Date:                14 November 2017

Board changes

The Company announces the following change to its Board of Directors with immediate effect.

John Newlands has joined the Board of the Company as a non-executive Director.  John had a more than twenty year career in the City after he left the Royal Navy in 1995, the last ten years of it with Brewin Dolphin Limited as Head of Investment Companies.

Steve Coe, Chairman of the Company, said:

"I am delighted to welcome John to the Board.  The depth of his experience and expertise in the investment trust sector is universally recognised, and I look forward to working with him as we look to build upon the Company's early success.

John's long established and close links with Newcastle, where the Company is headquartered, make his appointment all the more appropriate."

There is no additional disclosure to be made in respect of John Newlands pursuant to paragraph LR 9.6.13R of the Listing Rules of the UK Listing Authority.

John Newlands has an existing shareholding of 5,000 Ordinary Shares in the Company.

Enquiries:

Martin Cassels

Maitland Administration Services (Scotland) Ltd

Tel:       [phone]

 

END

 

 

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