17th Jan 2017 14:52
For immediate release 17 January 2017
GLOBAL RESOURCES INVESTMENT TRUST PLC
("GRIT" or "the Company")
Board appointment
Further to the announcement made earlier today, the Company is pleased to announce the appointment of David (Sam) Hutchins as Executive Director with immediate effect.
David (Sam) James Hutchins (aged 57) has 30 years' experience as a resources analyst and fund manager.
The Chairman, Lord St John, welcomed Sam Hutchins to the Board.
Mr Hutchins' current and past directorships are as follows:
Current Directorships/Partnerships
| Past Directorships/Partnerships |
Endstone Capital Limited RDP Fund Management LLP Grafton Resource Investments Limited Resources Development Partners Limited Global Resources International Limited Robdale Investments Limited Aresa Investments Limited | Napolean Energy Limited U30 Limited Global Resources Investment Trust PLC Coinworks Limited Toxic Friction Limited GRIT ZDP Limited
|
RDP holds 2,444,500 ordinary shares in the Company, representing 5.82% of the enlarged Ordinary Share capital, and as a connected person the holdings of 400,000 existing Ordinary Shares of Resources Development Partners Limited ("RDPL") has been included within the holding of RDP. RDPL is wholly owned by David Hutchins. RDP, which owns 2,044,500 of the existing Ordinary Shares, is owned 99.5% by David Hutchins.
There is no additional disclosure to be made in respect of Sam Hutchins pursuant to paragraph LR 9.6.13R of the Listing Rules of the UK Listing Authority.
This announcement is made pursuant to Listing Rule 9.6.11 of the Listing Rules of the UK Listing Authority.
Enquiries to:
David ("Sam") Hutchins, GRIT
| Tel: +(020) 7290 8540 |
Martin Cassels R&H Fund Services Limited Company Secretary and Administrator | Tel: +(0) 131 524 6140 |
Roland Cornish / Felicity Geidt Beaumont Cornish Limited Financial Adviser | Tel: +(020) 7628 3396 |
Related Shares:
Grit Inv Tst