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 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END

(END) Dow Jones Newswires

October 16, 2023 02:00 ET (06:00 GMT)

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