Directorate Change

RNS Number : 8310S

Downing Strategic Micro-Cap IT PLC

11 November 2019

 

11 November 2019

DOWNING STRATEGIC MICRO-CAP INVESTMENT TRUST PLC ("the Company" or "DSM")

Board Appointment

Downing Strategic Micro-Cap Investment Trust PLC is pleased to announce the appointment of William Dawkins ("Will") as an Independent Non-Executive Director of the Company with effect from 11 November 2019.

Will is Head of UK Board Practice at Spencer Stuart, a global executive search and leadership consulting firm, prior to which he spent 23 years in a variety of posts for The Financial Times, including deputy managing editor, foreign editor and later publishing editor.  He is a Cambridge graduate with a master's degree in English literature from Trinity College and attended the Advanced Management Programme at INSEAD.  Will also chairs and is a Trustee and Director of the Evelyn Trust, a medical research grant giving charity based in Cambridge, and is a Governor and Director of The Perse School, Cambridge.

The DSM board will once more be four directors, all of whom serve on all committees.

Hugh Aldous, Chairman, commented:

"This appointment not only restores the board to four directors but continues the principle of having board members each with different perspectives. Will Dawkins brings to DSM the bright, enquiring and observant mind of a top financial journalist and foreign editor combined with years of experience in senior executive search.  Those are qualities of great value to this particularly active board."

For further information please contact:

Maitland Administration Services Limited

Kerry Higgins                     

01245 390950                                    

Shore Capital

Robert Finlay

020 7601 6115

At the date of this announcement, Will has no holding in the ordinary shares of the Company.

There are no further details required to be disclosed pursuant to Listing Rule 9.6.13R.

 

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