Octopus VCT 3 plc
11 December 2014
Directorate Change
Octopus VCT 3 plc announces that, as a result of his decision to repatriate to Australia, Mr Ray Greenshields has tendered his resignation and will stand down as a Director and Chairman of the Company on 31 December 2014. He has been a director of the company since its formation in August 2011.
The Board is pleased to announce that Mr Gregor Michie will be appointed as non-executive Chairman with effect from 31 December 2014. Mr Michie is an experienced non-executive director. He is chairman of Maven Income and Growth VCT 3 plc and was chairman of Octopus Titan VCT 4 plc until it was placed into members' voluntary liquidation upon the merger of the company with Octopus Titan VCT 2 plc in November 2014.
Information required to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Services Authority is as follows:
Details of all directorships held in any other publicly quoted company at any time in the previous five years:
Maven Income and Growth VCT 3 PLC
Octopus Titan VCT 4 PLC (in members' voluntary liquidation)
There are no other disclosures to be made under Listing Rule 9.6.13R.
For further information please contact:
Nicola Board
Company Secretary
0207 776 8663