CQS Natural Resources Grwth&Inc PLC Directorate Change (0226Q)
23 Junio 2022 - 10:29AM
UK Regulatory
TIDMCYN
RNS Number : 0226Q
CQS Natural Resources Grwth&Inc PLC
23 June 2022
23 June 2022
CQS Natural Resources Growth and Income plc
(the 'Company')
Legal Entity Identifier: 549300ES8CNIK2CQR054
Directorate Change
The Board of CQS Natural Resources Growth and Income plc
("Company") announces that Paul Cahill has been appointed as a
Non-Executive Director with effect from today.
Helen Green, Chairman, commented:
"I am delighted to welcome Paul to the Board. He brings a wealth
of experience in the natural resources sector, and I am confident
that he will make a valuable contribution to the Company."
Paul's appointment brings the total number of independent
directors to five - Helen Green (Chair), Carole Cable, Paul Cahill,
Christopher Casey, and Alun Evans.
In accordance with paragraphs 9.6.13 (1) to (6) of the Listing
Rules, it is confirmed that there are no additional details to be
disclosed in relation to Paul Cahill.
About Paul Cahill
In his early career he has worked as an investment banker at
Morgan Grenfell and then as a Managing Director at Minorco (Anglo
American) where he was responsible for Asia Pacific &
Australia, based in Singapore, and worked on several copper and
gold joint ventures in Australia, Indonesia, PNG, and the
Philippines. He left Anglo American in 2001 to co-lead the
establishment, strategic direction and management of Gazelle
Corporate Finance, a boutique investment banking business providing
corporate finance, M&A and debt restructuring advice to the
Boards of FTSE 100 and Fortune 500 companies.
Paul returned to Anglo American in 2008 where he became Group
Head of Business Development and Head of Strategic Relationships
Management. He was a key member of Anglo American's senior
leadership team, accountable for the Group's growth agenda and the
development and management of the Group's business and
relationships in China, India, Japan, Mozambique, Mongolia, Russia,
and the DRC. In 2017, Paul became a co-Founder and Managing
Director of Bacchus Capital Advisers, an independent investment and
merchant banking platform focussed on metals and mining and with
particular expertise in public market takeover and defence, complex
cross-border M&A, equity and debt financing and corporate
restructuring. He remains Chairman of the Bacchus Capital Advisory
Board.
Paul has over 30 years of experience in the natural resources
sector during which time he worked at Anglo American in various
roles and in investment banking where he has led the execution of
major complex transactions as both a senior adviser and principal.
In 2017, Paul co-founded Bacchus Capital Advisers, an independent
investment and merchant banking platform focused on metals and
mining. He remains Chairman of the Bacchus Capital Advisory Board.
Paul also serves as a non-executive director on ASX listed Company
Ironbark Zinc Limited and is as a senior adviser to Mitsubushi
Corporation.
For the Investment Manager
CQS (UK) LLP
Craig Cleland
0207 201 5368
For the Company Secretary and UK Administrator
BNP Paribas Securities Services S.C.A. Jersey Branch
Dean Plowman
01534 813967
Notes to Editors
CQS Natural Resources Growth and Income Trust plc (LSE: CYN) is
a closed end investment company, providing shareholders with
exposure to a broad portfolio of mining and resource-focused
equities, aiming to deliver both steady dividend income and capital
growth. The fund is run by experienced fund managers - Ian Francis,
Keith Watson, and Rob Crayfourd, and seeks to gain optimal exposure
to critical commodities (including base, precious, and battery
metals, as well as energy and shipping) across a diverse range of
geographies, thereby generating strong returns.
The portfolio:
The fund holds a core position in copper which remains a key
material in the path to global electrification and the energy
transition to net-zero carbon production, therefore displaying
encouraging fundamentals for both the short- and long-term. This
ties in with the fund's exposure to lithium, nickel and other base
metals, which are proving particularly important for advancing
battery storage capacity. With the global energy crisis ongoing, we
have seen a strong rebound in the oil and gas price supporting our
increased weighting. So too, in fiscal uncertainty, as witnessed
over the last two years, precious metals like Gold, Silver and
Platinum offer protection.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOASEIFIDEESEEM
(END) Dow Jones Newswires
June 23, 2022 11:29 ET (15:29 GMT)
Cqs Natural Resources Gr... (LSE:CYN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Cqs Natural Resources Gr... (LSE:CYN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024