Appointment of New Directors

STS Global Income & Growth Trust
27 March 2024
 

To:                          RNS

From:                    STS Global Income & Growth Trust plc

LEI:                         549300UZ1Y7PPQYJGE19

Date:                     27 March 2024

 

 

STS Global Income & Growth Trust plc (the "Company")

Appointment of new Directors

 

The Board is pleased to announce, that further to the approval of the proposed scheme of reconstruction of Troy Income & Growth Trust plc ("TIGT") and the combination with the Company, the appointment of Bridget Guerin and Brigid Sutcliffe as Non-Executive Directors of the Company will take effect from 28 March 2024.

Bridget Guerin was Chair of TIGT since January 2023. She has over 30 years of experience in the financial services industry and has longstanding experience of sitting on the boards of investment/wealth management companies and funds, including London listed investment trusts. She is currently a non-executive director of Mobeus Income & Growth VCT plc and is the chair of Invesco Perpetual UK Smaller Companies Investment Trust plc, and has previously been on the board of Charles Stanley PLC and also held the position of chair of Schroder Income Growth Fund plc. Bridget has extensive knowledge of the distribution of investment products to the institutional and retail markets. Bridget has a detailed knowledge of the wealth management industry, financial advisory services and retail fund platforms. She has held senior positions as marketing director at Ivory & Sime plc and Schroder Investments Limited and was managing director of Matrix Money Management Limited. She is also chair of York Racecourse Limited and trustee of the York Racecourse Pension Fund.

Brigid Sutcliffe was appointed to the TIGT Board in August 2021 and became chair of the TIGT audit committee in January 2022. She is the audit chair and non-executive director of Strategic Equity Capital plc and will assume the role of non-executive director of Northern Venture Trust plc with effect from 2 April 2024. She is also a member of the finance committee of Newnham College, Cambridge and a trustee of Muscular Dystrophy Group of Great Britain and Northern Ireland. Brigid holds an MA in Economics from Cambridge University and an MBA from London Business School. She qualified as a chartered accountant with KPMG LLP in 1983 and spent thirty years working in investment banking and as a strategic change management consultant, advising companies across a wide range of sectors. Brigid has been a non-executive director for a variety of organisations in the public, private and third sectors over the past 19 years and has extensive audit committee chair experience.

Both Directors have resigned from the TIGT Board with effect from 28 March 2024 following the approval of the proposals.

There are no other details or disclosures required under LR 9.6.13R of the Financial Conduct Authority Listing Rules in respect of these appointments.

 

 

 

Juniper Partners Limited

Company Secretary

 

Enquiries: 0131 378 0500

 

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