GCP Infrastructure Investments Ltd Directorate Change (5344P)
June 21 2022 - 2:05AM
UK Regulatory
TIDMGCP
RNS Number : 5344P
GCP Infrastructure Investments Ltd
21 June 2022
GCP Infrastructure Investments Limited
("GCP Infra" or the "Company")
LEI: 213800W64MNATSIV5Z47
Directorate Change
21 June 2022
The Board of Directors of GCP Infra, the only UK listed fund
focused primarily on investments in UK infrastructure debt,
announces the following Board and Committee changes.
Following Ian Reeves CBE's notification to the Board of his
intention to retire as a Non-Executive Director of the Company, and
as communicated in the Company's 2022 half-yearly report, the role
of Chairman of the Board was passed from Ian to Andrew Didham with
effect from 20 June 2022.
Also, with effect from 20 June 2022, Andrew Didham will assume
the Chairmanship of the Nomination Committee. He will continue as a
member of the Investment Committee and the Management Engagement
Committee.
As a result of Ian Reeves CBE's intended retirement, a new
Non-Executive Director is being sought. Ian will remain on the
Board as a Non-Executive Director, and as a member of the
Nomination Committee, the Investment Committee and the Management
Engagement Committee until a replacement Non-Executive Director has
been recruited with suitable knowledge, experience and skills. This
process is expected to be complete no later than the calendar
year-end of 2022.
Ian Reeves CBE commented, "It has been hugely rewarding to
witness and contribute to the Company's success over the twelve
years since IPO. Andrew's extensive board experience, strong
leadership skills and wealth of financial knowledge makes him well
placed to see the Company through its next phase of operations and
growth, and I look forward to continuing to observe its
successes."
Andrew Didham, Chairman, commented, "I would like to take this
opportunity on behalf of the Board to thank Ian for his significant
contribution as Chairman of the Company over the last twelve years.
His wealth of experience in the sector has been of great value to
the Company, and we wish him our very best in his future
endeavours."
For further information please contact:
Gravis Capital Management Limited
Philip Kent +44 (0)20 3405 8500
Stifel Nicolaus Europe Limited
Mark Bloomfield
Alex Miller +44 (0)20 7710 7600
Buchanan/Quill
Helen Tarbet
Sarah Gibbons-Cook
Henry Wilson +44 (0)20 7466 5000
Notes to the Editor
About GCP Infra
GCP Infra is a closed-ended investment company and FTSE-250
constituent whose shares are traded on the main market of the
London Stock Exchange. Its objective is to provide shareholders
with regular, sustained, long-term distributions and to preserve
capital over the long term by generating exposure to UK
infrastructure debt and related and/or similar assets.
The Company primarily targets investments in infrastructure
projects with long term, public sector-backed, availability-based
revenues. Where possible, investments are structured to benefit
from partial inflation protection. GCP Infra is advised by Gravis
Capital Management Limited.
GCP Infra has been awarded with the London Stock Exchange's
Green Economy Mark in recognition of its contribution to positive
environmental outcomes.
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END
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