Canaccord Genuity Wealth Management in the UK & Europe Welcomes Ashton Bradbury as a Non-Executive Director for Hargreave Hale's AIM VCT 1 plc

LONDON, May 21, 2018 /PRNewswire/ --

Canaccord Genuity Wealth Management in the UK & Europe ("CGWM (UK)") is pleased to announce that Ashton Bradbury has been appointed as a non-executive director of Hargreave Hale AIM VCT 1 plc.

Ashton brings more than 25 years of financial and investment industry experience to his role. Having run small company investment teams at Hill Samuel Investment Management and HSBC Asset Managementment Europe, Ashton founded the Old Mutual Global Investors Ltd (formerly Old Mutual Asset Management UK Ltd) small and mid-cap investment team in 2000 and became head of equities in 2008. Amongst many industry awards he was named Citywire Fund Manager of the year in 2002, Investment Week Fund Manager of the Year (UK Mid-Cap) in 2007 and received the Investment Week Outstanding Achievement award in 2009. Ashton retired from active fund management in 2014.

"We are delighted that Ashton joins Hargreave Hale AIM VCT 1 at this exciting time. Ashton brings a valuable depth of expertise that will serve as a strong complement to strengthening governance and increasing the independence of the VCT's existing board," said David Esfandi, Chief Executive Officer of CGWM (UK). "Hargreave Hale has been widely recognised for its highly successful fund management team and we look forward to further investing in and accelerating the growth of our fund management business at Canaccord Genuity Wealth Management (UK) as we continue with the integration of our two firms."

Oliver Bedford, Co-manager of Hargreave Hale AIM VCT 1 plc said, "With Ashton's appointment to the Board as a non-executive director and Giles Hargreave's continued support as a Co-manager of the VCT, our shareholders now stand to benefit from access to two of the UK's most highly regarded fund managers. Ashton will undoubtedly be a great addition to the board as we continue with our efforts to channel growth capital to some of this country's most dynamic and innovative companies."

For more information, visit https://www.hargreaveaimvcts.co.uk/en/our-vct/.

ABOUT HARGREAVE HALE AIM VCT 1 

Hargreave Hale AIM VCT 1 plc is an established Venture Capital Trust that aims to make tax-free dividend distributions from capital gains and income generated through investment in existing and diversified portfolios of investments in small UK companies. Although the VCT has primarily invested in Qualifying Companies that are listed on AIM, in recent years it has built, and will continue to build, a portfolio of Qualifying Investments in private companies.