21st Jan 2015 16:13
LONDON (Alliance News) - Pacific Assets Trust PLC Wednesday said Chairman David Nichol will retire from the board at the end of the trust's annual meeting for shareholders in June.
In a statement, Pacific Assets Trust said that board director James Williams, the former chief investment officer of Baring Asset Management, will succeed Nichol as chairman.
Nichol has been the trust's chairman since 2004.
The annual meeting is scheduled for June 24.
Pacific Assets Trust shares were up 2.1% at 194.00 pence late Wednesday.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Pacific Assets