VCBC.L Regulatory News (VCBC)

10 May 2018

Vertu Capital Limited

("Vertu" or the "Company")

(LSE:VCBC)

Replacement announcement: Change of Director

This announcement replaces the one dated 8th April 2018.

Vertu Capital Limited announces that the Rt Hon Mark Simmonds has joined the board as Non-Executive Director with immediate effect.

Mark was, until recently, a Foreign & Commonwealth Office Minister with responsibilities for Africa, the Caribbean, UK Overseas Territories, International Energy and Conflict Prevention. He served as a Member of the UK Parliament for 14 years.

He focussed on driving and facilitating inward investment into Africa across a range of key economic sectors including hydrocarbons, financial services, infrastructure, energy and agriculture. He has a huge knowledge of the economic and political composition of African governments, countries and regions. He also chaired the UN Security Council on two occasions.

He now has a number of international roles including acting as a senior consultant to Kroll and as Chairman of the Global Advisory Board of investment platform 'Invest Africa'. He is a senior advisor to a global multi asset hedge fund, Chairman of FinComEco, and an Advisory Board Member of the Commonwealth Enterprise & Investment Council.

Prior to becoming the UK Government Minister for Africa, Mark was heavily involved in the real estate sector having dealt with commercial real estate as a Partner of Strutt & Parker and as a Director of CBRE. He also founded his own real estate business, dealing with direct investment and investment advisory projects. He has served as an independent director on a UBS Euro Zone Fund.

Mark Simmonds is also currently a director of:

Mortlock Simmonds Limited;

Mortlock Securities Limited; and

Block Commodities Limited.

There are no further details in respect of the Rt Hon Mark Simmonds to be disclosed pursuant to LR 9.6.11, LR 9.6.12 or LR 9.6.13 of the Listing Rules, FCA Handbook

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

For more information please visit the Company's website at www.vertucapital.co.uk.

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