Odyssean Investment Trust PLC Portfolio Manager Update (9509T)
March 26 2019 - 3:01AM
UK Regulatory
TIDMOIT
RNS Number : 9509T
Odyssean Investment Trust PLC
26 March 2019
26 March 2019
Odyssean Investment Trust plc
Portfolio Manager Update
The Board of Odyssean Investment Trust plc ("OIT" or the
"Company") has been informed by its portfolio manager, Odyssean
Capital LLP (the "Portfolio Manager"), that Stuart Widdowson will
be taking three months compassionate leave to work through health
issues in his family. The compassionate leave commences on Monday,
1(st) April.
OIT has currently invested approximately 78 per cent. of its net
assets across 15 stocks in accordance with the Company's investment
strategy. Ed Wielechowski, co-portfolio manager of OIT, will
continue to originate and evaluate new investments as well as
manage and engage with existing investee companies.
Stuart will continue to chair the Research and Investment
Committees of the Portfolio Manager during this period. Ian
Armitage, Chairman of the Portfolio Manager, will become the third
member of these committees. Stuart looks forward to returning to
the business as soon as possible.
The Board of the Company is confident that measures put in place
to cover this period, which work on the foundations and processes
that the Portfolio Manager built prior to the Company's Initial
Public Offering, will ensure that OIT's capital will continued to
be managed in accordance with the same principles and strategy.
The Company will provide a Q1 2019 update in early April
2019.
Contacts:
Odyssean Capital LLP
Ed Wielechowski
Kate Reid 020 7640 3200
Winterflood Securities
Neil Langford
Rachael Tracy 020 3100 0000
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