RNS Number : 0941Z
Mid Wynd Inter Inv Trust PLC
09 March 2012
Mid Wynd International Investment Trust PLC
The Board of Mid Wynd International Investment Trust PLC is pleased to announce the appointment of Harry Morgan and of Alan Scott as Non-executive Directors of the Company with effect from 21 May 2012.
Mr Morgan was a private client stockbroker with Henderson Crosthwaite for five years before joining Adam & Company in 1988 where he spent ten years, initially as a portfolio manager and later as a director of the investment management business. He was Managing Director of Edinburgh Fund Managers' Private Client division for six years and Head of Private Investment Management in Scotland at Newton Investment Management for four years before re-joining Adam & Company in late 2007 as Head of Investment Management. From May 2012 Mr Morgan will join Thomas Miller Investment as head of private investment management, launching a new onshore UK private client investment business.
Mr Scott has 24 years' experience in banking, within the Royal Bank of Scotland Group, across various divisions including Retail, Corporate and Wealth. In 2003 he joined Adam & Company International in Guernsey as a Relationship Manager for a portfolio of offshore clients and trusts and in 2004 moved to Adam & Company's onshore operations, where he is an Associate Director, Relationship Management, providing a range of wealth management services to a portfolio of private banking clients.
The following information is required to be disclosed under section 9.6.13 of the Listing Rules:
Mr Morgan, in his capacity as an employee of Adam Investment Management Limited, was nominated as a director to the board of Adam & Company Second General Partner Limited ("ACSGP"). On 31 January 2012 liquidators were appointed following a winding up order being made against ACSGP. This was a direct result of the insolvency of the Adam & Company Second Property Partnership of which ACSGP was general partner.
There is no other information required to be disclosed under section 9.6.13 of the Listing Rules.
Baillie Gifford & Co
9 March 2012
This information is provided by RNS
The company news service from the London Stock Exchange