3 Oct 2019 07:00
Gresham House plc
("Gresham House," the "Company" or the "Group")
Non-Executive Director appointment
Gresham House, the specialist alternative asset manager, is pleased to announce that Gareth Davis has been appointed as a Non-Executive Director of the Company.
Gareth's career has predominantly been spent as an executive at Imperial Tobacco, (now Imperial Brands) where he served for 38 years, rising to become Chief Executive in 1996. Over 14 years, he achieved significant shareholder returns and, upon retirement in mid-2010, the Harvard Business Review named him one of the world's top 50 CEOs for value creation. More recently he has been Chairman of a number of FTSE 100 companies.
Commenting on Gareth's appointment, the Company's Chairman, Anthony Townsend, said:
"Gareth has known Gresham House for a number of years as part of our advisory group. We are delighted that he has agreed to deepen his involvement with the Company as it looks to increase its brand awareness, internationalise and pursue further value-accretive acquisition opportunities."
Gareth Davis said:
"It has been exciting to observe the growing success of Gresham House over the last few years. Joining the Board demonstrates my belief that the Group's long-term alternatives-focused investment philosophy has much to offer through new and exciting investment opportunities for investors."
Appendix - disclosures required pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies
Gareth Davis, aged 69, is currently and has in the past five years been a director of the following companies:
Current Directorships | Previous Directorships |
Ferguson Group Holdings | William Hill plc |
Ferguson Plc | |
DS Smith plc | |
Wolseley Limited |
Save as set out above, there are no further matters to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.
- Ends -
For more information contact:
Gresham House plc Anthony Townsend, Chairman
| +44 (0)20 3837 6270
|
Montfort Louis Supple
| greshamhouse@montfort.london +44 (0)20 3770 7914 |
Canaccord Genuity Limited - Nominated Adviser and Joint Broker Bobbie Hilliam Tom Diehl
| +44 (0)20 7523 8000 |
Jefferies International Limited - Financial Adviser and Joint Broker Paul Nicholls Max Jones
| +44 (0)20 7029 8000 |
About Gresham House
Gresham House plc is an AIM quoted specialist asset manager providing funds, direct investments and tailored investment solutions, including co-investment across a range of highly differentiated alternative investment strategies. Our expertise includes timber, renewable energy, housing and infrastructure, strategic public and private equity (private assets). The group aims to deliver sustainable financial returns and is committed to building long-term partnerships with clients (institutions, family offices, high-net-worth individuals, charities and endowments and private individuals) to help them achieve their financial goals.
Shareholder value creation will be driven by long-term growth in earnings as a result of increasing AUM and returns from invested capital.
www.greshamhouse.com