CurrencyShares British Pound Sterling Trust announced that John Sullivan, Keith D. Kemp and Michael Byrum resigned from their positions as members of the Board of Managers of the Sponsor. Effective April 6, 2018, immediately following the Closing, David C. Warren, John M. Zerr and Daniel Draper were appointed by the sole member of the Sponsor as members of the Board of Managers of the Sponsor to fill the vacancies resulting from the resignations. The board announced the audit committee of the Board of Managers of the Sponsor consists of David C. Warren, John M. Zerr and Daniel Draper.