Chrysalis VCT Plc Chrysalis Vct Plc : Directorate Change

 
TIDMCYS 
 
   Chrysalis VCT plc 
 
   2 October 2017 
 
   Directorate Change 
 
   As announced previously, the Chairman, Peter Harkness retired from the 
Board on 30 September 2017. Martin Knight has been appointed as Chairman 
in his place. 
 
   The Board commented "Peter has been a major influence on Chrysalis VCT 
since he joined the Board in 2005. He took over as Chairman in 2008 and 
has presided over a period of excellent performance for the Company in 
which the self-managed structure has continued to be very effective. We 
thank Peter for his substantial contribution over the last 12 years. We 
will miss his leadership and wish him well." 
 
   The Company also announces the appointment of Robert Jeens as a new 
non-executive director with effect from 2 October 2017.  Robert has 
extensive experience in the asset management industry and significant 
exposure to the technology sector. He is Chairman of Allianz Technology 
Trust PLC http://www.allianztechnologytrust.com/Navigate.aspx/Technology 
and Remote Media Group Limited http://www.signagelive.com/ and a 
non-executive director of JPMorgan Russian Securities plc 
http://am.jpmorgan.co.uk/investment-trusts/trusts/russian-securities-jpm-it.aspx?isin=GB0032164732 
. He trained as a chartered account with Touche Ross and was 
subsequently Finance Director of Kleinwort Benson and Woolwich plc. He 
has also been chairman of nCipher plc (from 2006 until it was acquired 
in 2008) and a non-executive director of Henderson Group plc (from 2009 
to 2017), TR European Growth Trust PLC (from 2002 to 2014) and Dialight 
plc (from 2001 to 2010). 
 
   Robert will take over from Martin Knight as Chairman of the Audit 
Committee. 
 
   Martin Knight commented "We are very pleased to welcome such a high 
calibre candidate to the Chrysalis VCT Board. We believe that Robert 
brings experience and an additional skillset to the Board which will 
prove very helpful with a number of our investee companies and are 
greatly looking forward to working with him." 
 
   Other than as disclosed above, there are no additional matters to 
declare under paragraph 9.6.13R of the Listing Rules in connection with 
Robert's appointment. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Chrysalis VCT PLC via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

October 02, 2017 11:56 ET (15:56 GMT)

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