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Lowland Investment Co PLC  -  LWI   

Directorate Change

Released 12:19 10-Jul-2014

RNS Number : 9825L
Lowland Investment Co PLC
10 July 2014




10 JULY 2014






Appointment of New Non-Executive Director


Lowland Investment Company plc is pleased to announce the appointment of Mr Duncan Budge as a non-executive director to the Board with effect from 14 July 2014.


Mr Peter Troughton, Chairman of Lowland Investment Company plc, said "the Directors and I are delighted that Duncan has agreed to join us bringing to the Board his valuable experience from his extensive career in the investment trust sector gained whilst at RIT Capital Partners plc ("RIT")". 


He was formerly a director and Chief Operating Officer at RIT having been appointed in 1995.  He had been a director of J Rothschild Capital Management Limited, a wholly owned subsidiary of RIT, since 1988.  Prior to this he spent six years at Lazard Brothers & Co Limited.  Duncan is also on the board of The Dunedin Enterprise Investment Trust PLC, having been appointed a non-executive director in 2012 and taking the role of Chairman in 2014.  He is also Chairman of Spencer House Limited and a non-executive director of The World Trust Fund and Artemis Alpha Trust plc.


In accordance with paragraphs 9.6.13 (1) to (6) of the UKLA Listing Rules, it is confirmed that there are no additional details to be disclosed in relation to Mr Budge.



For further information, please contact:


Peter Troughton   


Lowland Investment Company plc

Telephone: 020 7818 4233


James Henderson

Fund Manager

Lowland Investment Company plc

Telephone: 020 7818 4370


James de Sausmarez

Director and Head of Investment Trusts

Henderson Global Investors

Telephone: 020 7818 3349



- ENDS -


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Directorate Change - RNS