River & Mercantile UK Micro Cap Inv Appointment of Director (3646J)

TIDMRMMC

RNS Number : 3646J

River & Mercantile UK Micro Cap Inv

21 December 2020

River and Mercantile UK Micro Cap Investment Company Limited

Appointment of Director

The Board of River and Mercantile UK Micro Cap Investment Company Limited ("RMMC"), is pleased to announce that Stephen Coe will join the Board of RMMC as a non-executive director, with effect from 1 January 2021.

Following a period of handover, Stephen will take over as Audit Committee Chairman from Ian Burns, upon his retirement from the Board on 30 September 2021.

Stephen has been involved with offshore investment funds and managers since 1990 with significant exposure to property, debt, emerging markets and private equity investments. Stephen qualified as a Chartered Accountant with Price Waterhouse Bristol in 1990 and remained in audit practice, specialising in financial services, until 1997. From 1997 to 2003 Stephen was a director of the Bachmann Group of fiduciary companies and Managing Director of Bachmann Fund Administration Limited, a specialist third party fund administration company. From 2003 to 2006 Stephen was a director with Investec in Guernsey and Managing Director of Investec Trust (Guernsey) Limited and Investec Administration Services Limited. Stephen became self-employed in August 2006 providing services to financial services clients.

Commenting on the appointment, Andrew Chapman, Chairman of RMMC said: "The Board is delighted to welcome Stephen to the River and Mercantile UK Micro Cap Investment Company as a non-executive director in the New Year. His depth of knowledge and experience with investment funds are a valuable asset, strengthening our active approach to narrow the current discount and drive the NAV of the Fund. Stephen is very well respected in the financial services industry as an adviser and board member and we are glad to have him join the Board at RMMC."

Regulatory Disclosure

Stephen holds, or has held within the five years prior to the date of this announcement, the following directorships/partnerships of publicly quoted companies:

 
 Current Directorships / Partnerships   Past Directorships / Partnerships 
  - Publicly Quoted                      - Publicly Quoted 
 Merian Chrysalis Investment            Leaf Clean Energy Company 
  Company Limited                        Raven Property Group Limited 
  Weiss Korea Opportunity Fund           South Africa Property Opportunities 
  Limited                                plc 
                                         TOC Property Backed Lending 
                                         Trust Limited 
                                         Trinity Capital plc 
                                       -------------------------------------

There is no information concerning Stephen which is required to be disclosed pursuant to Listing Rule 9.6.13 R (2) to (6) inclusive.

-ENDS-

For further information please contact:

N+1 Singer

Robert Peel, Corporate Finance

Tel: +44 (0)20 7496 3000

River and Mercantile Asset Management LLP

James Barham

Tel: +44 (0) 20 7601 6262

Camarco

Rebecca Noonan

Tel: +44 (0) 20 3757 4981

BNP Paribas Securities Services S.C.A., Guernsey Branch - Company Secretary

Jasper Cross

Tel: +44 (0) 1481 750859

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END

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December 21, 2020 05:27 ET (10:27 GMT)

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