The Biotech Growth Trust Plc - Appointment of New Director
09 Octubre 2023 - 2:41AM
PR Newswire (US)
9
October 2023
THE BIOTECH GROWTH TRUST
PLC
(the
“Company”)
Appointment of New
Director
The Board of The Biotech Growth Trust PLC is pleased
to announce the appointment of Hamish
Baillie as an independent non-executive director of the
Company, with effect from 1 November
2023.
Mr Baillie is a
non-executive director of Mid Wynd International Investment Trust
plc. His executive career was spent at Ruffer LLP, which he
joined in 2002, becoming a partner in 2006. Between 2011 and
2022 he was the Lead Manager of Ruffer Investment Company
Ltd. He founded and managed the Edinburgh office of Ruffer and held firm-wide
responsibilities in relation to portfolio management and investor
communications. He was a member of the firm’s UK Wealth
Leadership Team and a director of Ruffer (Channel Islands) Limited. He retired
from Ruffer with effect from 3 October
2022.
The Chairman of The
Biotech Growth Trust PLC, Roger
Yates, commented:
“My fellow Directors and I
are delighted to welcome Hamish
Baillie to the Board. We are very pleased to have appointed
a Director with such extensive experience and expertise both in
managing an investment trust and as a non-executive director.
Hamish's skillset complements the experience and skills of the rest
of the Board and we look forward to working
together.”
Mr Baillie has also been
appointed to the Company’s Audit Committee, Management Engagement
Committee, and Nominations Committee with effect from 1 November
2023. His appointment will be proposed to shareholders for
election at the Annual General Meeting of the Company to be held in
July 2024.
There is no further
information to be disclosed under Listing Rule 9.6.13R(2) to
(6).
For further information
please contact:
Frostrow Capital
LLP
Company
Secretary
020 3709
8734
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