Calculus VCT PLC Directorate Change (9740O)
04 February 2019 - 9:02PM
UK Regulatory
TIDMCLC
RNS Number : 9740O
Calculus VCT PLC
04 February 2019
4 February 2019
Calculus VCT Plc
Changes to the Board
Calculus VCT announces a number of Board changes.
Michael O'Higgins has informed the Board of his intention to
step down as Chairman at the conclusion of the Company's AGM to
devote his time to his other business and charitable commitments.
Michael has been Chairman since 10 February 2011 and the Board
thanks him for his leadership and wise counsel throughout the
period of his chairmanship. The Company's AGM is currently planned
to take place on 4 July 2019.
The Board announces the appointment of Jan Ward CBE as a
non-executive director of the company with effect from 1 March
2019. Jan will become Chairman on the retirement from the Board of
Michael O'Higgins. Jan brings strategic and operational experience
gained from more than thirty years in the oil, gas, petrochem and
power industries. Jan is the founder and CEO of Corrotherm
International Ltd which specialises in supplying advanced metals
for fabricating oil, gas and power generating equipment. Corrotherm
is a significant exporter of UK manufactured products and has grown
to 10 offices globally. Jan was named a CBE in the 2015 New Year's
Honours list for services to business. In 2009, Jan was named the
UK's most inspirational female entrepreneur, winning the NatWest
Everywoman Award which champions female entrepreneurs. Her range of
experience and understanding of growth companies will be a valuable
contribution to the Company.
Under Listing Rule 9.6.13R (1), Jan has had the following
directorships in the last five years:
Hardide plc (resigned 2018)
The Company hereby confirms that there are no further
disclosures to make in accordance Rule 9.6.13 (1) to (6) of the
Listing Rules of the UK Listing Authority.
Diane Seymour Williams, who was Chairman of the Neptune-Calculus
Income and Growth VCT plc and who joined the Board of the Calculus
VCT at the time of the merger of the two VCTs, has informed the
Board of her intention to step down from the Board to devote her
time to her other quoted directorships. Diane will leave the Board
on 28 February 2019. The Board thanks her for her guidance and her
assistance and support in ensuring a smooth merger of the two
VCTs.
Following Michael O'Higgins' retirement at the conclusion of the
Company's AGM, the non-executive directors will be Jan Ward CBE
(Chair), Kate Cornish Bowden (Chair of the Audit Committee) and
Claire Olsen.
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.
END
BOATIMMTMBMMBML
(END) Dow Jones Newswires
February 04, 2019 05:02 ET (10:02 GMT)
Calculus Vct (LSE:CLC)
Historical Stock Chart
From Apr 2024 to May 2024
Calculus Vct (LSE:CLC)
Historical Stock Chart
From May 2023 to May 2024