Directorate Change

Kelso Group Holdings PLC

11 October 2023

 

Kelso Group Holdings Plc ("Kelso' or the "Company")

Directorate Change

Kelso, the main market-listed investment company, is pleased to announce that Sarah Rajani has joined the Company's board of directors (the "Board") as an Independent Non-Executive Director ("NED").

Sarah has over 25 years of professional experience in strategic and investor communications, shareholder activism and public affairs, with a particular focus on corporate and financial services. Sarah is currently Vice President of Investor Relations & Communications at OCI Global, the global producer and distributor of hydrogen-based products. Previously, Sarah was Director of Communications at Elliott Advisors, where she led and advised on all aspects of communications and public relations activities across Europe and Asia from 2016 until 2022.

Prior to Elliott Advisors, Sarah held senior communications roles at Actis, the global investor in sustainable infrastructure, and Apax Partners, the global private equity advisory firm. Sarah also spent nearly five years in-house at retailers New Look and Samsonite, leading stakeholder engagement and investor relations activities, and navigating transformative ownership changes. Sarah started her career at Citibank and Dresdner Kleinwort Wasserstein respectively, where later she was Vice President of Pan-European General Retail and Luxury Goods Equity research. Sarah is a CFA Charterholder and a Trustee of the charity Restore the Music UK.

Sir Nigel Knowles, Chairman, commented: "I am delighted to announce our new independent NED, Sarah, who brings a wealth of experience in the financial sector. Sarah's background in strategic and shareholder communications and her strong understanding of the complexities involved in creating and executing successful campaigns will be invaluable in helping the Board make informed decisions that will drive Kelso's long-term success. Kelso will greatly benefit from her perspectives and knowledge as we look to build upon its early success."

Sarah Rajani commented: "I am pleased to be appointed to the Kelso Board and look forward to working with Sir Nigel and his executive team in contributing to Kelso's long-term growth and creating value for all its stakeholders."

About Kelso

Kelso was established in 2022 to identify, engage and unlock trapped value in the UK stock market. Kelso's strategy is to invest in situations where there is an anomaly between the intrinsic value and prospects of a company and its stock market valuation. Kelso will, in particular, look for situations where it believes the sum of the parts of a business is greater than the current value.

For further information please contact:

Kelso Group Holdings plc	[phone]
John Goold, Chief Executive Officer Mark Kirkland, Chief Financial Officer Jamie Brooke, Chief Investment Officer
Zeus (Broker)	[phone]
Nick Cowles, Ed Beddows (Investment Banking) Ben Robertson (Corporate Broking)

 

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