Pacific Assets Trust Plc Appointment of New Director
16 Ottobre 2023 - 8:00AM
UK Regulatory
TIDMPAC
16 October 2023
Pacific Assets Trust plc
(the "Company")
Appointment of New Director
The Board of Pacific Assets Trust plc is pleased to announce the appointment of
Nandita Sahgal as an independent Non-executive Director of the Company, with
effect from 1 January 2024.
Ms Sahgal is the Senior Independent Director and Chair of the Audit Committee at
the UK India Business Council and a Non-executive Director at Murray Income
Trust Plc. Previously, she was a Managing Director, Infrastructure Asset
Management at ThomasLloyd Group Ltd.
Ms Sahgal has over 25 years' emerging markets experience working in asset
management, equity capital markets and M&A at ThomasLloyd Group, Insinger de
Beaufort and Seymour Pierce. Prior to joining ThomasLloyd, Nandita was Chief
Executive Officer at IL&FS Global Financial Services (UK) Ltd., the UK
subsidiary of the investment banking arm of IL&FS. She holds a Bachelors in
Economics and Business from The University of Edinburgh, is a Fellow of the
Institute of Chartered Accountants in England and Wales (ICAEW) and a Member of
the Chartered Institute for Securities and Investment.
Ms Sahgal has also been appointed to the Company's Audit Committee, Engagement
and Remuneration Committee, and Nominations Committee with effect from 1 January
2024. She will offer herself for election by the Company's shareholders at the
next Annual General Meeting to be held in July 2024.
There is no information to disclose in respect of paragraphs 9.6.13(1) to
9.6.13(6) of the Financial Conduct Authority's Listing Rules.
- ENDS-
For further information please contact:
Richard Frostrow Capital LLP, AIFM and Company Secretary 020 3709 2704
Plaskett
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