Intuitive Investments Group plc Update to the Board of Directors (8324U)
November 28 2023 - 1:00AM
UK Regulatory
TIDMIIG
RNS Number : 8324U
Intuitive Investments Group plc
28 November 2023
28 November 2023
Intuitive Investments Group plc
("IIG", or the "Company")
Update to the Board of Directors
Intuitive Investments Group plc (SFM: IIG), the closed-end
investment company, is pleased to announce the appointment of Giles
Willits to the Board of Directors as Chief Investment Officer,
following the recent announcement of the Company's investment in
Hui10 Inc. ("Hui10").
Giles has over 30 years' experience working in senior finance
positions, including over 20 years in executive board positions,
most recently as Group CFO at IG Design Group plc, an AIM50
company, and Entertainment One Ltd., a FTSE250 company. Giles was
previously Director of Group Finance at J Sainsbury's plc, a
FTSE100 company, and is a qualified Chartered Accountant. Specific
to Hui10, Giles invested in Hui10 in 2018 and has been advising the
business since his initial investment.
Giles is currently a Non-Executive Director of Shearwater Group
plc and Acceler8 Ventures plc. Giles is also Treasurer of the
University of Nottingham.
Giles holds 1,939,997 Ordinary Shares in IIG and is a
participant in the Hui10 Share Incentive Growth Scheme.
Sir Nigel Rudd, Non-Executive Chairman at IIG, said : "I am
delighted that Giles is joining IIG and look forward to working
with him on the exciting opportunities that lie ahead."
Current Directorships Previous Directorships within
the last five years
Acceler8 Ventures plc IG Design Group plc
Shearwater Group plc IG Design Group UK Limited
The Bear Club Limited
------------------------------
-ENDS-
Enquiries:
Intuitive Investments Group plc www.iigplc.com
Sir Nigel Rudd, Non-Executive Chairman Via FTI Consulting
Robert Naylor, CEO
SP Angel Corporate Finance LLP
- Financial Adviser +44 (0) 20 3470 0470
Jeff Keating / David Hignell /
Kasia Brzozowska
FTI Consulting +44 (0) 20 3727 1000
Jamie Ricketts / Valerija Cymbal IIG@fticonsulting.com
/ Jemima Gurney
About Intuitive Investments Group plc
IIG is an investment company seeking to provide investors with
exposure to a portfolio concentrating on fast growing and/or high
potential Life Sciences and Technology businesses operating
predominantly in the UK, continental Europe, the US and APAC,
utilising the Board's experience to seek to generate capital growth
over the long term for shareholders.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has
been incorporated into UK law by the European Union (Withdrawal)
Act 2018. Upon the publication of this announcement via Regulatory
Information Service ('RIS'), this inside information is now
considered to be in the public domain.
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END
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