PR Newswire
London, November 11
11 November 2015
THE BIOTECH GROWTH TRUST PLC
(the "Company")
Appointment of New Director
The Board of The Biotech Growth Trust PLC is pleased to announce the appointment of The Rt Hon. the Lord Willetts as an independent non-executive Director of the Company, with effect from 11 November 2015.
Lord Willetts is Executive Chairman of the Resolution Foundation and a Visiting Professor at King's College London. He is Governor of the Ditchley Foundation and a member of the Council of the Institute for Fiscal Studies.
He was Minister for Universities and Science, attending Cabinet, from 2010-2014. He was the Member of Parliament for Havant from 1992-2015. Before that, Lord Willetts worked at HM Treasury and the Number 10 Policy Unit. He also served as Paymaster General in the last Conservative Government.
The Chairman of The Biotech Growth Trust PLC, The Rt Hon Lord Waldegrave of North Hill, commented:
"My fellow Directors and I are delighted to welcome Lord Willetts to the Board. We are very pleased to have appointed a Director with extensive and relevant expertise and a strong interest in the biotechnology sector."
His appointment will be proposed to shareholders for election at the Annual General Meeting of the Company to be held in July 2016.
There is no further information to be disclosed under Listing Rule 9.6.13R(2) to (6).
- ENDS-
For further information please contact:
| Mark Pope | Frostrow Capital LLP | 020 3 008 4913 |
