18 Dec 2017 07:00
18 December 2017
INDIA CAPITAL GROWTH FUND LIMITED
LEI: 213800TPOS9AM7INH846
(the "Company" or "ICGF")
(a closed-ended investment company incorporated with limited liability under the Laws of Guernsey with registered number 43916)
Board Changes
The Company is pleased to announce the appointment of Elisabeth Scott as Non-Executive Chairman with immediate effect.
Elisabeth worked in the asset management industry in Hong Kong from 1992 to 2008, where she was Managing Director and Country Head of Schroder Investment Management (Hong Kong) Limited and Chairman of the Hong Kong Investment Funds Association. She is a non-executive Director of Pacific Horizon Investment Trust plc, Dunedin Income Growth Investment Trust plc, Allianz Technology Trust plc and Fidelity China Special Situations plc.
Also with effect today, the Company confirms the retirement of Fred Carr from the Board of the Company, as he previously indicated at the Company's last Annual General Meeting.
The directors of ICGF would like to take this opportunity to welcome Elisabeth and to extend their warmest thanks to outgoing chairman Fred Carr who has retired as a director after more than eight years' committed service on our board. They are pleased that Fred Carr has agreed to continue as a consultant to the Company until 31 March 2018.
The following information is disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.
Elisabeth Charlotte Scott (aged 55)
Current Directorships or Partnerships | Former Directorships or Partnerships within the past 5 years |
Grasp Ventures Limited | The New Entrepreneurs Foundation |
Allianz Technology Trust plc | |
Dunedin Income Growth Investment Trust plc | |
Fidelity China Special Situations plc | |
Pacific Horizon Investment Trust plc | |
IC Philanthropy Foundation |
There is no other information required to be disclosed pursuant to Rule 17 or paragraph Schedule Two (g) to the AIM Rules for Companies.
Enquiries
Temple Bar Advisory (PR Advisers)
Tom Allison/ Ed Orlebar/ Alycia MacAskill
020 7002 1080
Ocean Dial Asset Management Limited (Investment Manager)
Robin Sellers / David Cornell
020 7068 9870
Stockdale Securities Limited (Broker)
Robert Finlay / Owen Matthews
020 7601 6115
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / Carolyn Sansom
020 7383 5100
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
India Cap (IGC)