ACORN INCOME FUND
LIMITED
(a
closed-ended investment company incorporated in Guernsey with
registration number 34778)
LEI
213800UAZN7G46AHQM67
Appointment of Director
5 February 2019
The Board of Acorn Income Fund Limited is pleased to announce
that Mr Nigel Sidebottom has been
appointed to the Board as a non-executive Director of the Company
with immediate effect.
Mr Sidebottom was until recently the Deputy Chief Investment
Officer and Head of Closed Ended Funds at Premier Asset Management,
the parent company of the Company’s investment manager. In
accordance with the AIC Code of Corporate Governance, the Board
will therefore deem Mr Sidebottom to be a Non-independent
Director.
Ms Helen Green, Chairman, said “I
am delighted that Nigel has agreed to join the Board. We believe
that retaining Nigel’s wealth of experience in closed-ended funds,
and Acorn in particular following his retirement from Premier, will
be valuable to shareholders”.
Mr Sidebottom has a beneficial holding of 4366 Ordinary shares
and 5205 ZDP shares in the Company.
In accordance with Listing Rule 9.6.13 (1), the Company discloses that there are
no directorships held by Mr Sidebottom in publicly quoted companies
in the five years prior to appointment.
There is no information required to be disclosed in accordance
with Listing Rules 9.6.13 (2) to
(6).
For further information about this announcement, please
contact:
Northern Trust International Fund Administration
Services (Guernsey) Limited, Company
Secretary
+44 1481 745 498