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  4. Schroders Share Regulatory News
  5. Directorate Change

Pin to quick picksSchroders Regulatory News (SOI)

Schroders Information

Share Price Information for Schroders (SOI)

London Stock Exchange
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Share Price: 273.50
Bid: 272.50
Ask: 273.50
Change: 3.50 (1.30%)
Spread: 1.00 (0.367%)
Open: 272.50
High: 274.50
Low: 272.50
Prev. Close: 270.00
SOI Live PriceLast checked at -
Schroder Oriental Income is an Investment Trust

To provide total return through investments in equities and equity related investments in companies, which are based in or derive a significant proportion of revenues from the Asia Pacific region.

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Directorate Change

3 Aug 2023 07:05

RNS Number : 1121I
Schroder Oriental Income Fund Ltd
03 August 2023
 

 

 

Schroder Oriental Income Fund Limited

 

Directorate Change

 

Schroder Oriental Income Fund Limited (the "Company") notes the announcement today that International Biotechnology Trust plc ("IBT") has decided to appoint Schroder Unit Trusts Limited ("Schroders"), the Company's Alternative Investment Fund Manager ("AIFM") as its AIFM. As a result of this appointment, Kate Cornish-Bowden has advised the Board that she will resign as a director of the Company prior to Schroders' appointment as IBT's AIFM, which is expected in November 2023, in order that she continues to be deemed an independent director of IBT.

 

The Board is commencing the process of appointing a successor.

 

Paul Meader, Chairman of the Company, said:

 

"On behalf of my fellow Directors, I would like to thank Kate for her significant contribution as a non-executive director over the past five years. We are really sorry to lose her expertise, wisdom and good humour earlier than planned. We wish her well."

 

 

 

Enquiries:

 

Matthew Riley

Schroder Investment Management Limited Tel: 020 7658 6596

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