CAEL Cazenove AB.

TIDMCAEL

RNS Number : 9443T

Cazenove Absolute Equity Limited

14 December 2011

CAZENOVE ABSOLUTE EQUITY LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 45520 )

DIRECTORATE CHANGE

14 December 2011

The Directors of Cazenove Absolute Equity Limited announce that Mr Richard Jeffrey is appointed alternate director to Andrew Ross to the Board of the Company with effect from 13 December 2011.

Mr. Jeffrey is CIO of Cazenove Capital and is responsible for the strategic framework that supports the investment teams. He has 30 years of investment experience and is also a director of Cazenove Capital and its offshore hedge funds.

Since completing a masters degree in quantitative economics in 1981, Richard has worked as a professional macro-economist and market strategist in the City of London, including Ingenious Securities, where he was a Director and Head of Securities, Bridgewell Securities as director and Head of Research, Charterhouse Securities as Head of Research and for Charterhouse Group as Chief Economist. Prior to this, between 1981 and 1992, he was employed by Hoare Govett Ltd., ultimately heading up the economics and strategy team.

As well as working as a professional economist, Richard sits on the Council of the Centre for Policy Studies.

The disclosure is made in accordance with LR 9.6.11

In accordance with paragraph 9.6.13 (1) of the Listing Rules, the Company confirms that Mr Jeffrey is not a director of any other public quoted company and he has not held any directorships of public quoted companies within the last five years.

There are no additional disclosures that require to be made in respect of paragraphs 9.6.13 (2) - (6) of the Listing Rules.

Contact:

 
 
 Northern Trust International Fund Administration Services 
  (Guernsey) Limited 
  01481 745000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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