1st Oct 2018 12:19
LONDON (Alliance News) - Athelney Trust PLC said on Monday Managing Director and Fund Manager Robin Boyle resigned with immediate effect, due to non-executive directors overruling his request to make major changes in the company's management.
Chairman Emmanuel Pohl will take over both roles and Simon Moore will become chairman.
Boyle has been managing director for 24 years since 1994.
"We would like to thank Robin for twenty-four years of managing Athelney Trust, over which period shareholders have been amply rewarded in both dividend income and capital growth. His interesting, insightful and witty contributions to Athelney Trust publications will be much missed," Athelney Trust said in a statement.
Shares in the small cap investment trust were untraded on Monday, last quoted at 231.00 pence.
Related Shares:
Athelney Tst.