Appointment of Non-Executive Director and Chairman Designate
The Income & Growth VCT plc ('the Company') is pleased to announce the appointment of Maurice Helfgott as a Non-Executive Director of the Company with immediate effect. On appointment he will also join the Audit, Nomination & Remuneration and Investment Committees of the Company.
Maurice has extensive experience as a Chairman and Independent Non-Executive Director with a proven track record in entrepreneurial, growth and established businesses across a wide range of companies. After a successful 16 year corporate career at Marks and Spencer plc, he left his role as Executive Director on the Main Board to found Amery Capital with a principal focus on investment and advisory work in digital, retail and consumer businesses.
He has an MBA from Harvard Business School with High Distinction and is currently an Independent Non-Executive Director at Moss Bros Group plc, Chairman at Oliver Sweeney Trading Ltd, Chairman of Brightpearl Ltd, Non-Executive Director at Ashworth and Parker Limited (endclothing.com) and Executive Chairman at Amery Capital Limited.
The Board looks forward to welcoming Maurice's depth of knowledge and wide-ranging experience to the Company.
Jonathan Cartwright has advised the Board that he will step down as a Director and Chairman of the Company on 30 June 2020. Maurice will be appointed Chairman with effect from 1 July 2020.
There are no further matters which require to be disclosed pursuant to Listing Rule 9.6.13.
For further information please contact:
Mobeus Equity Partners LLP, Company Secretary
020 7024 7600
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The Income & Growth VCT plc published this content on 12 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 February 2020 15:03:02 UTC
The Income & Growth VCT plc is a United Kingdom-based venture capital trust (VCT). The Companyâs objective is to provide investors with an attractive return by maximizing the stream of tax-free dividend distributions from the income and capital gains generated by a diverse and carefully selected portfolio of investments, while continuing at all times to qualify as a VCT. The Company invests primarily in a diverse portfolio of the United Kingdom unquoted companies. It primarily makes investments in direct-to-consumer/retailers, industrial support services and software and computer services. It also invests in various sectors, including technology, hardware and equipment, industrial engineering, healthcare equipment and services, travel and leisure, consumer services, general industrials, food producers and construction and materials. The Company's investment portfolio is advised by Gresham House Asset Management Limited.
THE INCOME & GROWTH VCT PLC 
