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BRITISH & AMERICAN INVESTMENT TRUST PLC - Directorate Change

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By PR Newswire

BRITISH & AMERICAN INVESTMENT TRUST PLC - Directorate Change

PR Newswire

Appointment of Director

The Board of British & American Investment Trust PLC is pleased to announce the appointment of Mr. David Seligman as a non-executive director with effect from 26th September 2017.

Mr. Seligman spent 25 years at S.G. Warburg, one of the City’s leading merchant banks, and its successor firms, as a senior director in corporate finance and where he created and ran the private equity advisory business.  In 2003, Mr. Seligman formed Seligman Private Equity Select, a private equity fund-of-funds and secondaries manager, which he continues to run.

 Mr. Seligman does not hold any of the Company’s ordinary shares.

There is no information to disclose in respect of paragraphs 9.6.13(2) to 9.6.13(6) of the Financial Conduct Authority’s Listing Rules.

Anthony Townsend, Chairman, commented today “We are delighted to welcome David to the board as a non-executive director.  He brings many years of experience in corporate finance and asset management which will complement our already very well experienced board of directors.”.

26/9/2017

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