ROCKWOOD STRATEGIC PLC

Board/Management Information • Jun 14, 2021

National Storage Mechanism | Additional information

RNS Number : 7138B

Gresham House Strategic PLC

14 June 2021

Gresham House Strategic plc

Board change

Gresham House Strategic plc ("GHS" or the "Company") announces that David Potter, Chairman, has decided to resign from the Board with immediate effect.  The process for identifying a new Chair is already underway.  Helen Sinclair, non-executive director of GHS will assume the position of interim Chair until the successor to David Potter is appointed.

David Potter has made an invaluable contribution to the Company.  He has been Chairman of the Board for nearly six years and was the driving force to establish GHS after the successful winding up of the Spark Ventures venture capital portfolio in 2015. 

During David's period as Chairman, GHS has delivered strong investment returns and has been one of the best performing small company investment funds in the UK, pursuing its strategic public equity strategy supported by the investment team of Gresham House Asset Management. Over the past five years, the share price has approximately doubled and the discount to net asset value has narrowed considerably. The Board of GHS will miss David's dedication, vision and leadership and wishes him every success in the future.

For further information, please contact:

Montfort Communications Financial PR Gresham House Strategic plc	Gay Collins Company Secretary: Thomas Verlander	07798 626282 07736 487 517
finnCap Nominated Adviser Joint Broker	William Marle / Ed Frisby Mark Whitfield	020 7220 0500
Panmure Gordon (UK) Limited Joint Broker	Tom Scrivens Michael Bateman	020 7886 2500

About Gresham House Strategic plc

GHS invests in UK smaller public companies, applying private equity techniques and due diligence alongside a value investment philosophy to construct a portfolio focused in 10-15 companies.

The Investment Manager, Gresham House Asset Management Ltd, aims for a high level of engagement with investee company stakeholders, including management, shareholders, customers, suppliers and competitors, with the aim of identifying market pricing inefficiencies and supporting a clear equity value creation plan and targeting above market returns over the longer term.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOADKNBBDBKDAAD