Fidelity China Special Situations plc Recommends Dividend for the Year Ended 31 March 2016, Payable on 26 July 2016; Announces Board Changes
The company announced that John Owen, after serving as Chairman of the Company since launch, will retire at the conclusion of the forthcoming Annual General Meeting. The company said that Nicholas Bull, Senior Independent Director, will succeed John Owen as Chairman. Nicholas, has been on the Board of the Company since its launch in 2010. Andrew Wells will not be seeking re-election at the Annual General Meeting on 22 July 2016 as he is now focusing on a new role within the Fidelity business. It welcome John Ford as a new member of the Board on 22 July 2016, he is FIL's Global Chief Investment Officer for Fixed Income, Solutions and Real Estate.