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River and Mercantile UK Micro Cap Investment Company Limited (RMMC) announced the immediate appointment of John Blowers as a non-executive director to its Board on August 1, 2022. John Blowers replaces Trudi Clark, who will step down from the Board in March 2023 in compliance with the AIC Code of Corporate Governance, which states independent directors should not serve for more than nine years.
| Date | 1 Aug 2022 |
| Time | 07:00:11 |
| Category | Board changes |
| ID | 2464U |
Press release
For immediate release
01 August 2022
River and Mercantile UK Micro Cap Investment Company Limited
Appointment of Director
The Board of River and Mercantile UK Micro Cap Investment Company Limited ("RMMC"), is pleased to announce that John Blowers will join the Board of RMMC as a non-executive director with immediate effect.
John will be replacing Trudi Clark who is stepping down from the Board in March 2023, in compliance with the requirements of the AIC Code of Corporate Governance which states that independent directors should not serve on boards for more than nine years.
With a career in the financial services industry spanning over 28 years, John has worked in a range of senior roles, and has built up an extensive knowledge of digital investment management, retirement planning, marketing, distribution and transactional platform development. John has also been involved in leading the development of a series of retail online investment propositions and has worked in both entrepreneurial start-ups and major blue-chip organisations in the UK and abroad.
Commenting on the appointment, Andrew Chapman, Chairman of RMMC said: "The Board is delighted to welcome John to the River and Mercantile UK Micro Cap Investment Company as a non-executive director. John's depth of knowledge and experience will be invaluable as we focus on continuing to deliver a strong, long term performance for shareholders by sticking to our investment philosophy and focus that has served the company so well since inception. We are really pleased to have him join the Board at RMMC."
Regulatory Disclosure
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Current Directorships / Partnerships - Publicly Quoted |
Past Directorships / Partnerships - Publicly Quoted |
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None |
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There is no information concerning John which is required to be disclosed pursuant to Listing Rule 9.6.13 R (2) to (6) inclusive.
-ENDS-
For further information please contact:
Singer Capital Markets
Alan Ray / James Moat, Investment Banking
Tel: +44 (0)20 7496 3000
Camarco
Sean Palmer
Tel: +44 7591 760844
BNP Paribas Securities Services S.C.A., Guernsey Branch - Company Secretary
Jasper Cross
Tel: +44 (0) 1481 750859