Fri, 29th Nov 2019 07:00
29 November 2019
The European Investment Trust plc
Further to the announcement made on 10 October 2019, The European Investment Trust plc (the "Company") announces that Sue Inglis will be stepping down from the Board of the Company with effect from today.
Michael MacPhee, Chairman, commented:
"It is a source of considerable regret to the Board that we are to lose Sue's excellent services after such a short time. The Board would like to thank her profusely for her hard work and expertise."
As announced by the Company yesterday, Michael Moule, the Company's longest serving director, was due to retire at the 2020 AGM; however, given the move to Baillie Gifford and consequent loss of Sue Inglis the Board feels it would be beneficial to retain his expertise for one further year so that the Board is not rushed into finding immediate replacements. The Board intends to appoint at least one new Director in 2020.
The Company's Legal Entity Identifier is: 213800QNN9EHZ4SC1R12
For further information please contact:
Peel Hunt LLP
Luke Simpson / Liz Yong (Corporate Broking)
020 7418 8900
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