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Orchard Funds Plc (IRSH)

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Friday 08 July, 2011

Orchard Funds Plc

Appointment of Director

RNS Number : 0991K
Orchard Funds Plc
08 July 2011


For Immediate Release


8 July 2010

Orchard Funds PLC

(the "Company")

Re:  Appointment of Director



The Directors of the Company wish to announce that with effect from 11 March 2011, Mr Richard Harwood has been appointed as a Director to the Company.


Richard Harwood (Jersey, Channel Islands). Mr Harwood is the Chief Executive Officer of the Orchard Wealth Management Limited (the "Promoter"). He developed the Orchard strategy together with Mr Ian Abrams, one of the other Directors of the Company, and has been the manager of the Orchard Fund since its inception in 2003.  Prior to founding the Promoter, Mr Harwood was a director for various companies within the GNI Group of Companies where he spoke internationally on the use of derivatives in portfolio management before moving to head up the investment management division of SG Hambros Bank and Trust (Jersey).  In 2001 he started his first company, which was sold in a management buy out in 2007.  Mr. Harwood was awarded the CFA Charter in 2007.


Mr Harwood has never; (i) had any unspent convictions in relation to indictable offences; or (ii) been bankrupt or the subject of a voluntary arrangement, or has had a receiver appointed to any of his assets; or (iii) been a director of any company which, while he was a director with an executive function or within 12 months after he ceased to be a director with an executive function, had a receiver appointed or went into compulsory liquidation, creditors voluntary liquidation, administration or company voluntary arrangements, or made any composition or arrangements with its creditors generally or with any class of its creditors; or (iv) been a partner of any partnership, which while he was a partner or within 12 months after he ceased to be a partner, went into compulsory liquidation, administration or partnership voluntary arrangement, or had a receiver appointed to any partnership asset; or (v) had any public criticism by statutory or regulatory authorities (including recognised professional bodies); or (vi) been disqualified by a court from acting as a director or from acting in the management or conduct of affairs of any company.


A list of past and current directorships and partnerships held by Mr Harwood over the past 5 years is available for inspection on request for a period of 14 days from the date of this announcement from McCann FitzGerald Listing Services Limited, Riverside One, Sir John Rogerson's Quay, Dublin 2, Ireland.






Orchard Wealth Management Limited

Contact: Richard Harwood

Phone: +44 1534 765396


McCann FitzGerald Listing Services Limited

Contact: Michelle Davey

Phone: +353 1 607 1392


This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange.


This information is provided by RNS
The company news service from the London Stock Exchange