REG - Intuitive Invests.Gp - Update to the Board of Directors

Intuitive InvestmentsAnnouncement

28/11/2023 07:00

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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 (http://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 / Jemima Gurney    IIG@fticonsulting.com (mailto:IIG@fticonsulting.com)

 

 

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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