18 August 2017
Menhaden Capital PLC
(the "Company")
Change to Portfolio Management Team
The Board of the Company has been informed that Alexander Vavalidis has
resigned as a partner of Menhaden Capital Management LLP. Consequently his
secondment to Frostrow Capital LLP, the Company's Alternative Investment Fund
Manager, and his membership of the Investment Committee will cease with effect
from 15 September 2017.
Ben Goldsmith and Luciano Suana will continue to carry out the day to day
portfolio management activities of the Company, identifying and presenting
investment opportunities to the Investment Committee, which is chaired by
Graham Thomas. The Investment Committee makes all investment and divestment
decisions in respect of the Company. Menhaden Capital Management LLP is
actively recruiting to further strengthen the team.
The Board would like to express their appreciation to Mr Vavalidis for his
contribution since the Company's launch in July 2015.
LEI: 2138004NTCUZTHFWXS17
-ENDS-
Katherine Manson
Frostrow Capital LLP
Company Secretary
0203 709 8734