INCOME & GROWTH VCT (THE) PLC

Board/Management Information • Feb 12, 2020

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RNS Number : 8077C

Income & Growth VCT (The) PLC

12 February 2020

The Income & Growth VCT plc

12 February 2020

Appointment of Non-Executive Director and Chairman Designate

The Income & Growth VCT plc ("the Company") is pleased to announce the appointment of Maurice Helfgott as a Non-Executive Director of the Company with immediate effect.  On appointment he will also join the Audit, Nomination & Remuneration and Investment Committees of the Company.

Maurice has extensive experience as a Chairman and Independent Non-Executive Director with a proven track record in entrepreneurial, growth and established businesses across a wide range of companies.  After a successful 16 year corporate career at Marks and Spencer plc, he left his role as Executive Director on the Main Board to found Amery Capital with a principal focus on investment and advisory work in digital, retail and consumer businesses.

He has an MBA from Harvard Business School with High Distinction and is currently an Independent Non-Executive Director at Moss Bros Group plc, Chairman at Oliver Sweeney Trading Ltd, Chairman of Brightpearl Ltd, Non-Executive Director at Ashworth and Parker Limited (endclothing.com) and Executive Chairman at Amery Capital Limited.

The Board looks forward to welcoming Maurice's depth of knowledge and wide-ranging experience to the Company.

Jonathan Cartwright has advised the Board that he will step down as a Director and Chairman of the Company on 30 June 2020.  Maurice will be appointed Chairman with effect from 1 July 2020. 

There are no further matters which require to be disclosed pursuant to Listing Rule 9.6.13.

For further information please contact:

Mobeus Equity Partners LLP, Company Secretary

020 7024 7600

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