Polar Capital Global Fin... (LSE:PCFT)
Historical Stock Chart

From Apr 2022 to Apr 2024

TIDMPCFT

RNS Number : 3474I

Polar Capital Global Financials Tst

02 December 2022

Polar Capital Global Financials Trust PLC ("PCFT" or "the Company")

Legal Entity Identifier: 549300G5SWN8EP2P4U41

2 December 2022

Retirement from the Board

The Board of Polar Capital Global Financials Trust plc confirms that, as indicated in the announcement released on 24 November 2022 confirming the appointment of two new non-executive Directors (NED), having served 9.5 years on the Board, Katrina Hart has completed her tenure and has stepped down as NED to the Company with effect from 1 December 2022.

The Board thanks Katrina for her time spent as NED and Chair of the Management Engagement Committee since inception of the Company.

The Chair commented "Katrina's insight and experience have been invaluable to the Board through the initial launch in 2013, the regular functions of the Company on a continual basis and, more recently, the corporate action to remove the fixed life in favour of five-yearly tender offers. Katrina has been a steady voice on the Board drawing on her wide experience of the broking community and indeed the roles she holds elsewhere. We will miss her dedication, wisdom and attention to detail and wish her well with any future role she undertakes."

This change reflects the next step in the succession plan of the original founding NEDs and thereby transition of the Board of the Company; the final step in the transition will be the retirement of the current Chair, Robert Kyprianou, which is currently intended to be confirmed following the AGM to be held in 2023.

Enquiries:

 
 Robert Kyprianou - Chair           Tracey Lago - Company Secretary 
  Polar Capital Global Financials    Polar Capital LLP 
  Trust plc 
 Tel. 020 7227 2700                 Tel. 020 7227 2700 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAUPGMUPUPPGRG

(END) Dow Jones Newswires

December 02, 2022 02:00 ET (07:00 GMT)