Downing Strategic Micro-Cap IT PLC Directorate Change
15 Maio 2024 - 6:12AM
RNS Regulatory News
RNS Number : 5480O
Downing Strategic Micro-Cap IT PLC
15 May 2024
Downing Strategic Micro-Cap
Investment Trust Plc (the "Company")
LEI:
213800QMYPUW4POFFX69
Directorate
Change
The Company announces William
Dawkins stepped down as a Director of the Company on 14 May
2024.
Will Dawkins volunteered to be the
director stepping down as the DSM board reduced its size and costs
as part of the wind down of the company, the realisation of its
portfolio and return of cash to shareholders. That return of
capital is proceeding better than forecast and at good market
values with a further significant dividend anticipated
shortly.
Hugh Aldous, Chairman, commented
that "Will has been a first-class director, clear thinking through
our strategic reviews and has led the board appraisal
process. In the remaining period during which we will be
returning all capital to shareholders we will miss him at board
meetings: an excellent investment company director."
For further information please
contact:
Hugh Aldous - Chairman
tel: 020 7416 7780
ISCA Administration Services Limited
- Company Secretary
dsm@iscaadmin.co.uk
tel 01392 477056
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