BBGI SICAV Promotes Director Whitney As Chair As Maltby Steps Down

(Alliance News) - BBGI SICAV SA said Monday that Non-Executive Director Sarah Whitney will succeed Colin Maltby as independent chair from July 31.

Maltby said: "Having been a board member of the company from its beginnings at IPO through to the current day where it sits in the FTSE 250 with a market capitalisation of over GBP1 billion, this feels like an appropriate moment to step aside as chair. I wish the incoming Chair Sarah Whitney and the rest of the board and management team every success in the future."

Shares in the infrastructure assets investment company were up 0.1% at 162.50 pence each in London on Monday morning.

By Tapan Panchal; tapanpanchal@alliancenews.com

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