– UK, London – Miton UK MicroCap Trust plc (LON: MINI) today announced the appointment of Bridget Guerin to its Board as an Independent Non-Executive Director and Chair designate, effective from 1 December 2020. She will also join the Audit and Management Engagement Committee.
The Senior Independent Director, Peter Dicks, ran the selection and nomination process.
As part of the board succession plan, the current Chairman, Andy Pomfret, will leave the board at the next AGM of the Company.
“All the existing directors joined the Company’s Board when it listed in April 2015 and will therefore need to step down by April 2024. By appointing Bridget as Chair designate, she will have the opportunity to oversee the appointment of the new directors of the Company. I’m personally delighted that Bridget has decided to join the board, bringing extensive Investment Trust experience, and I look forward to working with her during our handover period. She will be joining the board during a year where the Company has achieved significant outperformance, with an unaudited one-year NAV return to 31 October 2020 of 27.5%.” said Board Chairman, Andy Pomfret.
About Bridget Guerin
Bridget Guerin had an executive career in financial services marketing with Ivory & Sime, Schroders and the Matrix Group. She is currently Chairman of the Schroder Income Growth Fund plc, a non-executive director of the Invesco Perpetual UK Smaller Companies Investment Trust plc and the Mobeus Income & Growth VCT plc. In September 2020 she stepped down from the board of Charles Stanley Group PLC where she was a non-executive director for eight years.
Bridget Guerin said “I am delighted to be joining the Board of an Investment Trust that has a very specific remit of investing in UK quoted Companies with a market capitalisation of less than £150m. This trust meets the demand of investors who want to invest in companies which have the potential for significant growth. It benefits from the excellent management team of Gervais Williams and Martin Turner and from the investment trust structure, which is ideal for managing this specialist portfolio of microcap companies.”
For more information : https://www.mitongroup.com/private/fund/miton-uk-microcap-trust-plc/
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