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Octopus Eclipse VCT plc : Directorate change

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OCTOPUS ECLIPSE VCT PLC
("the Company")

1 April 2015

Directorate Change

The Board of Octopus Eclipse VCT plc announced the resignation of David Lambert as a director of the Company on 28 February 2015 and is pleased to announce the appointment of Lars McBride as an independent non-executive director of the Company and Chairman of the Audit Committee today. 

Lars is an experienced early stage investor and finance executive.  He was previously a Non-Executive Director of Octopus Titan VCT 4 plc and has led a number of MBIs, usually as chairman.   Lars was also the finance director of Portals Group plc and has been a corporate financier with a number of leading City firms.

Alex Hambro, Chairman of Octopus Eclipse VCT plc commented:  "We are delighted to welcome Lars to the Board.  His insight and experience, particularly as a former director of an Octopus Titan company, will provide additional balance to the Board and we look forward to working with him to promote the further success of Octopus Eclipse VCT.  We also appreciate the dedicated contribution made by David Lambert during his appointment as a director."

Lars is a chartered accountant and has an MA in Mathematics from the University of Cambridge and an MSc in Oceanography from Southampton University.

There are no other disclosures to be made under Listing Rule 9.6.13.

For further information please contact:

Patricia Standaloft
Company Secretary
0207 710 6471




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Octopus Eclipse VCT plc via Globenewswire

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