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Gresham House Energy Storage is an Investment Trust

To provide an attractive and sustainable dividend over the long term by investing in a diversified portfolio of utility scale operational energy storage systems, which utilise batteries and generators, located in Great Britain.

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Directorate Change

1 Mar 2019 07:00

RNS Number : 5126R
Gresham House Energy Storage Fund
01 March 2019
 

Gresham House Energy Storage Fund Plc

 

("GHESF" or "The Company")

 

Gresham House Energy Storage Fund appoints Cathy Pitt as Non-Executive Director

 

Gresham House Energy Storage Fund plc (LSE: GRID) is pleased to announce the appointment of Cathy Pitt as a Non-Executive Director on the Board with effect from 1 March 2019.

 

Cathy is a legal adviser who has specialised in the investment company sector for over twenty years. Cathy is currently a partner at CMS, a top 10 global law firm, where she has spent the last five years building up the investment companies practice. Prior to joining CMS, Cathy worked in the Asset Management Practice of another top 10 global law firm for almost 20 years, for eight of which she was a partner. Cathy's work has encompassed investment fund structuring and fundraisings for domestic and international investment funds. Since September 2018, Cathy has been a member of the Law Society Company Law Committee. She also sits on the Regulatory Committee of LPeC, the industry association for listed private capital funds.

 

Commenting on the appointment, John Leggate, CBE, FREng, Chairman of Gresham House Energy Storage Fund, said:

"I am pleased to welcome Cathy to the board. She has a particularly strong reputation in listed funds, an area in which she has been practising for over 20 years. Cathy is highly experienced in capital markets transactions, complex negotiations and corporate governance best practice. I am confident she will be an invaluable addition to the team and we look forward to working with her."

Cathy Pitt added:

"I am pleased to join the Gresham House Energy Storage Fund board. Energy Storage Systems have significant potential from an investment standpoint and are fundamental to a renewable energy future in the UK. I am looking forward to starting work with the other board members and to contributing to the delivery of excellent long term shareholder value in what is a rapidly emerging next generation infrastructure sector."

 

No further information is to be disclosed in respect of paragraphs 9.6.13(2) - (6) of the UKLA Listing Rules.

- Ends -

 

For more information contact:

 

Gresham House New Energy

Ben Guest

 

+44 (0) 20 3837 6270

 

Cantor Fitzgerald Europe

Richard Harris

Robert Peel

Alan Ray

 

 

+44 (0) 20 7894 8229

+44 (0) 20 7894 7719

+44 (0) 20 7894 8590

Montfort Communications

Gay Collins /

Louis Supple

greshamhouse@montfort.london

+44 (0) 779 862 6282 /

+44 (0) 203 770 7907

 

About Gresham House Energy Storage Fund Plc

Gresham House Energy Storage Fund plc invests in a portfolio of utility-scale operational Energy Storage Systems (known as ESS) located in Great Britain. The Fund is managed by Gresham House Asset Management Limited under the leadership of Ben Guest. The Gresham House New Energy team has a proven track record in developing and operating energy storage and other renewable assets sector having developed 70MW of Energy Storage Systems and approximately 290MW of predominantly ground-mounted solar projects. The Fund listed on the London Stock Exchange (Specialist Fund Segment) and shares commenced trading on 13 November 2018.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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