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REC Record Plc

67.40
0.20 (0.30%)
Last Updated: 10:13:47
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Record Plc LSE:REC London Ordinary Share GB00B28ZPS36 ORD 0.025P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.30% 67.40 65.20 67.40 67.60 67.40 67.60 1,307 10:13:47
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 44.69M 11.34M 0.0591 11.40 129.34M

Record PLC Directorate Change (6652I)

22/03/2018 4:03pm

UK Regulatory


Record (LSE:REC)
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From Mar 2019 to Mar 2024

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TIDMREC

RNS Number : 6652I

Record PLC

22 March 2018

22 March 2018

Record plc

Board Change

Tim Edwards appointed as an independent non-executive director

Record plc ("Record"), the specialist currency manager, today announces the appointment of Tim Edwards as an independent non-executive director with effect from 21 March 2018.

Tim is a qualified Chartered Accountant with a widespread background in corporate finance and investing. He has extensive corporate development and people management experience.

Tim is currently the Chair of Storm Therapeutics Limited, COO of Ervaxx Limited, a Governing Body member of Innovate UK, Chair of Governors at Magdalen College School and a Trustee of the Institute for Research in Schools.

Neil Record, Chairman of Record, commented: "I am pleased that Tim has accepted a position on the Record plc Board. I am confident that he will add considerable insight and value and will help to ensure that the business continues to maintain its strong governance and client-focused culture well into the future. My Board colleagues and I are delighted to welcome him to the Board, and we are very much looking forward to working with him."

There are no other disclosures required under Listing Rule 9.6.13.

Enquiries:

Record plc Tel: +44 (0)1753 852 222

Neil Record, Chairman

James Wood-Collins, Chief Executive Officer

MHP Tel: +44 (0) 20 3128 8100

   Nick Denton                                                                   record@mhpc.com 

Ollie Hoare

Notes to Editors:

Record plc

Record is a specialist currency manager and provider of currency hedging services for institutional clients. Founded in 1983, Record has established a market leading position as a currency manager. Specifically, the Group has a leading position in managing Currency Hedging and Currency for Return for institutional clients.

The Group has four principal reporting lines:

- Dynamic Hedging, where Record seeks to eliminate the impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies when these movements are expected to result in an economic loss to the client, but not to do so when they are expected to result in an economic gain;

- Passive Hedging, where Record seeks to eliminate fully or partially the economic impact of currency movements on elements of clients' investment portfolios that are denominated in foreign currencies;

- Currency for Return, in which Record enters into currency contracts for clients with the objective of generating positive returns; and

- Multi-Product, where the client mandate includes combined hedging and return-seeking objectives.

Record (LSE: REC) was admitted to trading on the London Stock Exchange on 3(rd) December 2007.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 22, 2018 12:03 ET (16:03 GMT)

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