Directorate Change

The Law Debenture Corporation p.l.c.

8^th Floor

100 Bishopsgate

London

EC2N 4AG

16 December 2021

Appointment of a New Non-Executive Director

The Law Debenture Corporation p.l.c. (the "Corporation" or "Law Debenture") is pleased to announce that Pars Purewal has been appointed as a Non-Executive Director of the Corporation, with immediate effect.

After a career spanning more than thirty years, Pars retired as a senior partner of PriceWaterhouseCoopers (PwC) in June 2019. His experience included being PwC's UK Asset Management leader for ten years and Finance Partner for both Asset and Wealth Management. He is a Fellow of the ICAEW and also a Non-Executive Director of Brewin Dolphin Holdings PLC and Hermes Fund Managers Limited.

Robert Hingley, Law Debenture's Chairman, commented: "Pars' experience in accounting, finance, investment trusts and professional services will be an invaluable addition to the existing skills and expertise on the Board. We are delighted that he has accepted our invitation to join Law Debenture."

There is no information required to be disclosed under section 9.6.13 of the Listing Rules in respect of Pars Purewal. 

For further information, please contact:

About Law Debenture

Company History:

From its origins in 1889, Law Debenture has diversified to become a group with a unique range of activities in the financial and professional services sectors.  The group has two distinct areas of business.

Investment Portfolio:

Our portfolio of investments is managed by James Henderson and Laura Foll of Janus Henderson Investors.

Our objective is to achieve long term capital growth in real terms and steadily increasing income.  The aim is to achieve a higher rate of total return than the FTSE Actuaries All-Share Index Total Return through investing in a diversified portfolio of stocks.

Independent Professional Services:

We are a leading provider of independent professional services, built on three excellent foundations: our Pensions, Corporate Trust and Corporate Services businesses.  We operate globally, with offices in the UK, New York, Ireland, Hong Kong, Delaware and the Channel Islands.

Companies, agencies, organisations and individuals throughout the world rely on Law Debenture to carry out our duties with the independence and professionalism upon which our reputation is built.

The Law Debenture Corporation p.l.c. is registered in England, company registration number 30397. LEI number - 2138006E39QX7XV6PP21