Global Resources Investment Tst PLC Board appointment (3863U)

TIDMGRIT

RNS Number : 3863U

Global Resources Investment Tst PLC

17 January 2017

For immediate release 17 January 2017

GLOBAL RESOURCES INVESTMENT TRUST PLC

("GRIT" or "the Company")

Board appointment

Further to the announcement made earlier today, the Company is pleased to announce the appointment of David (Sam) Hutchins as Executive Director with immediate effect.

David (Sam) James Hutchins (aged 57) has 30 years' experience as a resources analyst and fund manager.

The Chairman, Lord St John, welcomed Sam Hutchins to the Board.

Mr Hutchins' current and past directorships are as follows:

 
 Current                           Past 
  Directorships/Partnerships        Directorships/Partnerships 
--------------------------------  ----------------------------- 
 Endstone Capital Limited          Napolean Energy Limited 
  RDP Fund Management               U30 Limited 
  LLP                               Global Resources Investment 
  Grafton Resource Investments      Trust PLC 
  Limited                           Coinworks Limited 
  Resources Development             Toxic Friction Limited 
  Partners Limited                  GRIT ZDP Limited 
  Global Resources International 
  Limited 
  Robdale Investments 
  Limited 
  Aresa Investments Limited 
--------------------------------  -----------------------------

RDP holds 2,444,500 ordinary shares in the Company, representing 5.82% of the enlarged Ordinary Share capital, and as a connected person the holdings of 400,000 existing Ordinary Shares of Resources Development Partners Limited ("RDPL") has been included within the holding of RDP. RDPL is wholly owned by David Hutchins. RDP, which owns 2,044,500 of the existing Ordinary Shares, is owned 99.5% by David Hutchins.

There is no additional disclosure to be made in respect of Sam Hutchins pursuant to paragraph LR 9.6.13R of the Listing Rules of the UK Listing Authority.

This announcement is made pursuant to Listing Rule 9.6.11 of the Listing Rules of the UK Listing Authority.

Enquiries to:

 
 David ("Sam") Hutchins,                Tel: +(020) 7290 
  GRIT                                   8540 
-------------------------------------  ----------------- 
 Martin Cassels                         Tel: +(0) 131 
  R&H Fund Services Limited              524 6140 
  Company Secretary and Administrator 
-------------------------------------  ----------------- 
 Roland Cornish / Felicity Geidt        Tel: +(020) 7628 
  Beaumont Cornish Limited               3396 
  Financial Adviser 
-------------------------------------  -----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 17, 2017 09:52 ET (14:52 GMT)

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