RIT Capital Partners Regulatory News (RCP)

RIT Capital Partners plc (LEI: P31Q1NLTW35JJGHA4667)

9 October 2024

RIT Capital Partners plc appoints Helena Coles to the Board

RIT Capital Partners plc ("RIT" or the "Company") today announces the appointment of Helena Coles as an Independent Non-Executive Director of the Company and a member of the Audit and Risk Committee, with immediate effect.

Helena has extensive international experience and spent most of her career as a portfolio manager. She also brings valuable perspectives from asset owners and a UK regulator. She co-founded and built an asset management firm in a joint venture with State Street Global Advisors, focused on Asian and emerging markets equities. She previously held senior roles at Kleinwort Benson in Hong Kong in investment management and investment banking.

Helena currently serves as a Non-Executive Director of HgCapital Trust plc, JPMorgan Emerging Markets Investment Trust plc and Schroder Japan Trust plc. She is a member of the investment committee of the Joseph Rowntree Charitable Trust and was previously their Independent Investment Adviser for many years. She was also a Non-Executive Director of Shaftesbury Capital plc. Helena has also held roles at the Prudential Regulation Authority in banking supervision and at Fidelity International in sustainable investing.

Sir James Leigh-Pemberton, Chairman of RIT Capital Partners plc, commented:

"We are delighted to welcome Helena to the Board of RIT. She brings over 30 years of investment experience and knowledge across global public equities, as well as a diverse skillset which complements the strengths and expertise of our current Board."

Helena Coles, Non-Executive Director of RIT Capital Partners plc, added:

"I am thrilled to be joining the Board of RIT, one of the largest and most respected investment trusts in the market. I have followed RIT for many years and have been impressed by the team's ability to leverage the Company's deep heritage to source the best investment opportunities globally, and deliver above market returns over decades. I am excited to be a part of the next phase of RIT's growth."

The Company confirms that there is no further information to be disclosed pursuant to paragraph 6.4.8R of the UK Listing Rules.