RNS Number : 6657T

Personal Assets Trust PLC

21 July 2020

   To:                   RNS 
   LEI:                 213800Z7ABM7RLQ41516 
   From:              Personal Assets Trust plc 
   Date:               21 July 2020 

Directorate Changes

As noted in the Annual Report for the year ended 30 April 2020 Robin Angus and Hamish Buchan will retire from the Board at the conclusion of the upcoming Annual General Meeting on 18 September 2020.

The Board of Personal Assets Trust plc is pleased to announce the proposed appointment of Mandy Clements and Robbie Robertson as non-executive Directors with effect from the conclusion of the Annual General Meeting on 18 September 2020.

Until December 2019 Mandy Clements (nee Pike) was CEO of legal entities responsible for GBP300 billion of assets at Aberdeen Standard Investments, having worked at the group for 19 years. She also oversaw the dealing function globally for over 14 years and has held dealing roles at F&C Asset Management (Foreign and Colonial), Brewin Dolphin and BNP Capital Markets, having started her career at Grieveson Grant Stockbrokers in 1983.

During a 37 year career in investment trust broking, Robbie Robertson gained extensive experience of investment trust sales, research and corporate advisory services. He worked as an investment trust analyst for Laurence Prust and Wood Mackenzie, and then headed the investment companies teams at Dresdner Kleinwort Wasserstein, and Canaccord Genuity. He is currently a Special Adviser to Investec Bank plc. Robbie holds an M.A. in English Literature from Edinburgh University and an M.Litt from Oxford University.

There is no further information required to be disclosed under Listing Rule 9.6.13R in relation to these appointments.

PATAC Limited

Company Secretary

Enquiries: 0131 538 1400

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(END) Dow Jones Newswires

July 21, 2020 10:29 ET (14:29 GMT)

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