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Intuitive Investments Group plc (IIG) announced that Non-Executive Director Julian Baines intends to step down from its Board. Mr. Baines will remain with IIG until 31 October 2024, officially stepping down from the Board on that date. He will be appointed Executive Chairman of Renalytix plc on 4 November 2024.
| Date | 23 Oct 2024 |
| Time | 07:00:09 |
| Category | Board changes |
| ID | 2081J |
23 October 2024
Intuitive Investments Group plc
("IIG" or the "Company")
Directorate change
Intuitive Investments Group plc (SFS: IIG) announces that the Board of Directors has been informed of Julian Baines' intention to step down as Non-Executive Director. Julian will be appointed Executive Chairman of Renalytix plc on the 4 November 2024, where he played an instrumental role in its recent successful fundraising. Julian also serves as Executive Chairman of EKF Diagnostics Holdings plc and Non-Executive Chairman of Verici DX plc. He is retiring from his position at IIG to focus on his current executive roles. Julian will remain with the Company until 31 October 2024 when he will officially step down from the Board.
Sir Nigel Rudd commented: "On behalf of the Board, I would like to express our sincere gratitude to Julian Baines for his invaluable contributions to IIG. His expertise and wise counsel have been instrumental in driving the Company forward, and we wish him every success in his many future endeavours."
Enquiries:
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Intuitive Investments Group plc Sir Nigel Rudd, Non-Executive Chairman Robert Naylor, CEO Giles Willits, CIO
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Via FTI Consulting |
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Zeus Nick Cowles / Graeme Summers / Dominic King |
+44 (0)20 3829 5000 |
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FTI Consulting Jamie Ricketts / Valerija Cymbal / Jemima Gurney |
+44 (0)20 3727 1000 |
About Intuitive Investments Group plc
IIG is an investment company seeking to provide investors with exposure to a portfolio concentrating on fast growing, high potential Technology and Life Sciences businesses operating predominantly in the UK, continental Europe, the US and APAC, utilising the Board's experience to seek to generate capital growth over the long term for shareholders.
About Hui10
Hui10 is a technology company with interests in two operating businesses, Huishi Dehua and Huishi Chunyuan ('Lucky World'), involved in the digital transformation of the Chinese lottery. Huishi Dehua enables the market expansion of the Chinese lottery through its proprietary technology platform. Huishi Dehua is integrated into China's national card settlement system and payment platform, UnionPay. Hui10 holds a 33% share in Huishi Dehua. Lucky World is an ecommerce platform which provides China's existing lottery shops access to a wider fast-moving consumer goods product offering. Hui10 owns 60% of Lucky World.