Directorate Change

RNS Number : 9825L

Lowland Investment Co PLC

10 July 2014

 



HENDERSON GLOBAL INVESTORS

LOWLAND INVESTMENT COMPANY PLC

 

10 JULY 2014

LOWLAND INVESTMENT COMPANY PLC

Appointment of New Non-Executive Director

Lowland Investment Company plc is pleased to announce the appointment of Mr Duncan Budge as a non-executive director to the Board with effect from 14 July 2014.

Mr Peter Troughton, Chairman of Lowland Investment Company plc, said "the Directors and I are delighted that Duncan has agreed to join us bringing to the Board his valuable experience from his extensive career in the investment trust sector gained whilst at RIT Capital Partners plc ("RIT")". 

He was formerly a director and Chief Operating Officer at RIT having been appointed in 1995.  He had been a director of J Rothschild Capital Management Limited, a wholly owned subsidiary of RIT, since 1988.  Prior to this he spent six years at Lazard Brothers & Co Limited.  Duncan is also on the board of The Dunedin Enterprise Investment Trust PLC, having been appointed a non-executive director in 2012 and taking the role of Chairman in 2014.  He is also Chairman of Spencer House Limited and a non-executive director of The World Trust Fund and Artemis Alpha Trust plc.

In accordance with paragraphs 9.6.13 (1) to (6) of the UKLA Listing Rules, it is confirmed that there are no additional details to be disclosed in relation to Mr Budge.

For further information, please contact:

Peter Troughton   

Chairman

Lowland Investment Company plc

Telephone: [phone]

James Henderson

Fund Manager

Lowland Investment Company plc

Telephone: [phone]

James de Sausmarez

Director and Head of Investment Trusts

Henderson Global Investors

Telephone: [phone]

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