Phaunos Timber Fund Limited Director Declaration (6015G)

TIDMPTF

RNS Number : 6015G

Phaunos Timber Fund Limited

30 May 2017

Phaunos Timber Fund Limited

("Phaunos" or the "Company")

30 May 2017

Director Declaration

In accordance with Listing Rule 9.6.14(2), Phaunos Timber Fund Limited announces that Mr Ian Burns resigned as Chief Executive Officer and a director of the board of TSX Venture Exchange listed, Montreux Capital Corp (now renamed Assure Holdings Corp), effective 26 May 2017.

Enquiries:

Stafford Capital Partners Limited (Manager)

Michael Goodfellow, [phone]

Media Enquiries:

Phoenix Financial PR

Gordon Puckey: [phone]

Winterflood Investment Trusts (Corporate Broker)

Joe Winkley, [phone]

Phaunos Timber Fund Limited (Chairman)

Sir Henry Studholme

[e-mail]

Notes to Editors

   1.   About Phaunos Timber Fund Limited 

Established in 2006, Phaunos Timber Fund Limited ("PTF" or "the Company") invests in a concentrated, but diversified portfolio of timberland and timber-related investments. The Company seeks to provide Shareholders with attractive investment returns over the longer term, largely in the form of capital appreciation, but with some income.

PTF is a Guernsey-domiciled authorised closed-ended investment scheme, authorised by the Guernsey Financial Services Commission under section 8 of The Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) and the Authorised Closed-ended Investment Schemes Rules 2008 made thereunder. The Company's ordinary shares are traded on the Main Market of the London Stock Exchange.

www.phaunostimber.com

   2.   About Stafford Capital Partners Limited 

Established in 2000, Stafford Capital Partners ("Stafford") is a leading private markets investment group. It has specialist investment teams working across Real Assets, Private Equity and Credit, and with offices in Austin, Boston, Hanover, London, Sydney and Zurich, has a truly global presence. As at 31 March 2017, Stafford has more than US$4.8 billion under management and advice, with US$2.3 billion in timberland investments. Stafford was appointed as the Manager of Phaunos on 1 July 2014. (www.staffordcp.com)

Stafford's timberland business provides fund management and advisory services to institutions seeking global timberland exposure; this is achieved through pooled investment vehicles and co-investment opportunities in transactions (which are sometimes larger than the capacity of the primary fund). Stafford's pooled funds offer globally diversified portfolios of timberland assets, and are actively managed to take advantage of developing market trends. Stafford presently manages timber investments in Australia, Brazil, Canada, Central America, Chile, New Zealand, the US and Uruguay.

Stafford Capital Partners is a member of the 'Principles for Responsible Investment' (PRI); these Principles are an internationally agreed upon framework, designed to help institutional investors to incorporate Environmental, Social and Governance (ESG) considerations into their investment decision-making and ownership practices. The PRI has acknowledged Stafford as having incorporated a solid framework for ESG considerations into its investment decision process.

The Company's ticker is PTF.

www.phaunostimber.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDNAMMITMBJJBBR

(END) Dow Jones Newswires

May 30, 2017 10:33 ET (14:33 GMT)