Directorate Change

RNS Number : 5403G

VPC Specialty Lending Invest. PLC

26 November 2020

 

26 November 2020

VPC Specialty Lending Investments PLC (the "Company")

Appointment of Independent Non-Executive Director and retirement of Richard Levy

The Board is pleased to announce the appointment of Mr. Graeme Proudfoot as an independent non-executive director with effect from 1 December 2020.

Mr. Graeme Proudfoot is currently chairman of Blackrock Income and Growth Investment Trust plc and brings a wealth of asset management expertise and investment trust experience, having spent his executive career at Invesco, latterly as Managing Director, EMEA and CEO of Invesco Pensions. Mr. Graeme Proudfoot joined Invesco in 1992 as a legal advisor and held various roles within the Invesco Group, including General Counsel of Invesco Global, before moving to take responsibility for a number of businesses in the UK including Invesco's investment trust business, which he led from 1999 until his retirement from Invesco in 2019, during which period it was one of the leading businesses in the industry with trusts with a range of investment styles and structures. Prior to joining Invesco, Mr. Graeme Proudfoot began his career at Wilde Sapte, Solicitors, practising in London and New York.

Following the appointment of Mr. Graeme Proudfoot as a new independent non-executive director, Mr. Richard Levy will retire from the Board on 31 December 2020.

Kevin Ingram, Chairman of the Company, said:

"We are delighted that Graeme is joining the Board. He brings with him valuable  expertise from the 20 years he spent running Invesco's investment trust business, where he earned an excellent reputation for his responsive dealings with shareholders, the broking community, regulators and stakeholders. We were looking for a director with deep expertise in the investment trust market and the standing, mindset, and knowledge to be independent and capable of challenge. Graeme certainly has those attributes.

I also want to thank Richard for his consistent and valuable contribution to the Board."

Mr. Graeme Proudfoot does not have any interest in the ordinary shares of the Company .

Mr. Graeme Proudfoot was previously a Director of the following publicly listed company: Invesco Markets III plc. There are no further details or disclosures required under Listing Rule 9.6.13 in respect of Mr. Graeme Proudfoot.

Enquiries

For further information, please contact:

Victory Park Capital Brendan Carroll (Senior Partner and Co-Founder) Gordon Watson (Partner)	via Jefferies or Winterflood (below) [e-mail]
Jefferies International Limited	Tel: [phone]
Stuart Klein Neil Winward
Gaudi le Roux
Winterflood Securities Limited	Tel: [phone]
Neil Morgan
Chris Mills
Link Company Matters Limited (Company Secretary)	Tel: [phone] Email: [e-mail]

About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC (Company No. 9385218) is a UK listed investment trust focused on asset-backed lending to emerging and established businesses with the goal of building long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.

Further information on VPC Specialty Lending Investments PLC is available at : http://vpcspecialtylending.com .

LEI: 549300UPEXC5DQB81P34

 

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