TIDMSSIF

RNS Number : 8280N

SQN Secured Income Fund PLC

26 May 2020

SQN Secured Income Fund plc

(LSE: SSIF) (the "Company" or "SSIF")

Board Changes

The Board of SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, announces that with effect from today, Ken Hillen has stepped down as a Director of the Company as in the near term it is expected that there may be a conflict between his business interests and those of the Company. He has decided to step down at this time in advance of any conflict arising. David Stevenson will step up to the position of Chair with effect from today. David has been a Director of the Company since July 2015 and has extensive knowledge of the Company and the market within which it operates. The Board has commenced a process to appoint a replacement independent non-executive Director. The Board would like to thank Ken for his considerable contribution to the Company over the past four years.

For further information please contact:

 
 
 SQN Asset Management Limited   tel: +44 1932 575 
  Dawn Kendall                   888 
 finnCap Ltd.                   tel: +44 20 7220 
  Corporate Finance:             0500 
  William Marle / Giles Rolls 
  Sales: 
  Mark Whitfeld 
 Kepler Partners LLP            tel: +44 20 3384 
  Hugh van Cutsem                8790 
 Buchanan Communications        tel: +44 20 7466 
  Charles Ryland/Henry Wilson    5000

This announcement contains information which, prior to its disclosure, was considered inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (MAR). The person responsible for arranging for the release of this announcement on behalf of the Company is Kevin Robins of Elysium fund management limited.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 26, 2020 02:01 ET (06:01 GMT)

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