15 Apr 2019 07:00
Athelney Trust PLC
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Legal Entity Identifier:
213800ON67TJC7F4DL05
Appointment of Directors
Athelney Trust plc is pleased to announce the appointment of Dr Manny Pohl and Simon Moore as Non-executive Directors of the Company, effective immediately, reflecting resolutions carried at the AGM. Simon Moore will also chair the Audit Committee.
The Board of Directors comprises:
Mr Frank Ashton Executive Chairman
Mr David Lawman Non-executive Director
Dr Manny Pohl Non-executive Director and Fund Manager
Mr Simon Moore Non-executive Director
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Biographies for all Directors can be found on the Company website www.athelneytrust.co.uk.
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The Directors are aware that the role of Executive Chairman is not compliant with the UK Corporate Governance Code, but explained the need by its announcement on 8 February 2019. The position will be reviewed by the end of May 2019, as previously announced; the Directors believe that the Company will have resolved most of the temporary challenges driving the need for an Executive Chairman by this time.
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The board will survey the opinions of shareholders by telephone and in person, as more than 20% voted against some recommendations made by the board prior to the AGM. A report on the survey will be made available in due course as required by the AIC Code of Governance.
The Directors also welcome feedback from all shareholders; their email addresses are below. Alternatively please contact the Company Secretaries on 01326 378 288 and they will pass your comments to the Directors.
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frankashton@athelneytrust.co.uk
mannypohl@athelneytrust.co.uk
simonmoore@athelneytrust.co.uk
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