Gulf Investment Fund PLC Change of Portfolio Manager (4556L)

TIDMGIF

RNS Number : 4556L

Gulf Investment Fund PLC

05 September 2023

Gulf Investment Fund PLC

5 September 2023

Legal Entity Identifier: 2138009DIENFWKC3PW84

Gulf Investment Fund plc

Change of portfolio manager

The Board of Gulf Investment Fund plc (GIF) has been informed by the investment adviser of the fund, Doha-based Qatar Insurance Company QSPC, (QIC) that Jubin Jose, portfolio manager, intends to step down at the end of December 2023. He will be replaced as portfolio manager by Bijoy Joy who is currently Assistant Portfolio Manager of GIF, and who has been involved with Jubin in the day-to-day management of the fund for nearly 10 years.

The Board believe that Bijoy is well suited to manage the fund and to continue to deliver the fund's investment objective for shareholders. He will be supported by Robin Thomas, who has been on the team for over 10 years, and the eleven-strong QIC equity research team.

The Board thanks Jubin for his significant contribution to Gulf Investment Fund over recent years.

For further information:

Anderson Whamond +44 (0) 1624 630 400

Gulf Investment Fund plc

Frazer Pickering/Suzanne Jones +44 (0) 1624 630 400

Apex Corporate Services (IOM) Limited

Alex Collins/Atholl Tweedie +44 (0) 20 7886 2500

Panmure Gordon

William Clutterbuck +44 (0) 7785 292 617

H/Advisors Maitland

Important Information

This announcement contains information that is inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended (the Market Abuse Regulation). Apex Corporate Services (IOM) Limited, Company Secretary to Gulf Investment Fund plc has arranged the release of this announcement.

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