Directorate Change

  1 November 2022

ROUND HILL MUSIC ROYALTY FUND LIMITED

(the "Company")

Registration number: 68002

 Legal Entity Identifier: 213800752UO1CJTV8C39

Directorate Change

In accordance with Listing Rule 9.6.11, the Board of Round Hill Music Royalty Fund Limited announces that Trevor Bowen is stepping down from his role as Chairman of the Board and as a non-executive director of the Company with immediate effect. Upon taking on the role of Chairman, Trevor's core objective was to obtain a listing on the Premium Segment of the Main Market of the London Stock Exchange for the Company. In helping to secure this, Trevor believes it is an opportune time to step aside and hand over his role.

The Company is therefore pleased to announce the appointment of Robert Naylor, as Chairman of the Board and as non-executive director with immediate effect. Robert has over 25 years' experience in capital markets and investment trusts. A qualified chartered accountant, having started his career with Ernst & Young in 1996, Robert has held various positions within JP Morgan Asset Management Limited, Panmure Gordon (UK) Limited and Cenkos Securities plc. Rob is currently Chief Executive Officer of Intuitive Investments Group plc, an AIM quoted investment company, providing investors with exposure to a portfolio concentrating on fast growing life sciences businesses.

Additionally, Robert is non-executive director of Light Science Technologies plc, an AIM quoted controlled environment agriculture company. In accordance with paragraphs 9.6.13 (1) to (6) of the Listing Rules, it is confirmed that there are no additional details to be disclosed.

The Company is also pleased to announce that Audrey McNair has been appointed as chair of the Audit Committee with immediate effect.

Trevor Bowen, commented:

"I am delighted to have been associated with Round Hill Music Royalty Fund and this exciting and growing asset class. I would like to thank my fellow Board members, Josh and his team at Round Hill Music LP, and our advisers for all their help and support in getting the Company to this stage." 

Josh Gruss, Founder and CEO of Round Hill Music LP, commented:

"Trevor's understanding of both the music industry and the financial markets has been invaluable. He helped us navigate our way through the UK listing process and has been at the forefront of our growth thus far. We wish him well in the future."

The Board wishes to express its sincere gratitude for the significant contribution that Trevor has made to the Company as Chairman both in preparation for flotation and since its launch on 13 November 2020. The Board are also delighted to welcome Robert as the Company's new Chairman.

 FOR FURTHER INFORMATION

Notes: 

About Round Hill Music Royalty Fund Limited

The Company is a non-cellular Guernsey company. The Company's investment objective is to provide investors with an attractive level of regular and growing income and capital returns from investment primarily in high quality, music intellectual property. In order to achieve this, the Company invests in a songwriter's copyright interest in a musical composition or song (being their writer's share, their publisher's share and their performance rights) together with the rights in the recording of the musical composition or song (known as the master recording rights) together with all such rights and assets considered by its investment manager, Round Hill Music LP, to be ancillary thereto. 

About Round Hill Music LP

Founded in 2010, Round Hill Music LP is a fully integrated owner and operator of music copyright properties. With offices in Nashville , Los Angeles and London, Round Hill Music LP has an experienced management and investment team with an established reputation and extensive experience in the music and finance industries.