Manchester and London Investment Trust PLC (MNL) has disclosed that Non-Executive Director Brett Miller has accepted an additional board position at a separate listed vehicle. The company announced on 10 November 2026 that Mr Miller was appointed an independent Non-Executive Director and Chair of VH Global Energy Infrastructure PLC, with effect from 9 November 2026. The notification was made pursuant to UK Listing Rule 6.4.9R(2), which requires investment trusts and listed companies to disclose outside appointments held by their directors. Investors in MNL may be watching whether Mr Miller's expanded commitments affect his availability and engagement at the trust.

Key Points

  • Manchester and London Investment Trust PLC (MNL)
  • Non-Executive Director Brett Miller appointed independent Non-Executive Director and Chair of VH Global Energy Infrastructure PLC from 9 November 2026
  • Disclosure made under UK Listing Rule 6.4.9R(2); company secretary MUFG Corporate Governance Limited authorised the notification
  • Investors should watch for any further board composition updates or commentary on director time commitments from MNL

Brett Miller Assumes Chair Position at VH Global Energy Infrastructure from 9 November 2026

The announcement states that Mr Brett Miller, who serves as a Non-Executive Director of Manchester and London Investment Trust, has taken on the role of independent Non-Executive Director and Chair of VH Global Energy Infrastructure PLC. The appointment became effective on 9 November 2026, one day before the formal notification was published. VH Global Energy Infrastructure PLC is a separately listed entity focused on energy infrastructure assets. The disclosure was filed by MUFG Corporate Governance Limited, acting as Company Secretary to Manchester and London Investment Trust, in accordance with the trust's obligations under the UK Listing Rules.

UK Listing Rule 6.4.9R(2) Requires Manchester and London Investment Trust to Notify Investors of Outside Directorships

The notification was made specifically under Rule 6.4.9R(2) of the UK Listing Rules, which obliges listed companies to inform the market when their directors take on roles at other organisations. This regulatory requirement exists to ensure transparency around potential conflicts of interest and to allow investors to assess the time demands placed on board members. Manchester and London Investment Trust carries the Legal Entity Identifier 213800HMBZXULR2EEO10. The announcement did not contain any commentary on how the board views Mr Miller's new commitment or whether any conflict-of-interest review was conducted.

Manchester and London Investment Trust Board Composition and Director Independence

Manchester and London Investment Trust PLC is a UK-listed closed-ended investment trust. The trust's board includes Non-Executive Directors whose independence is a key governance consideration for shareholders. Mr Miller's new chairmanship role at VH Global Energy Infrastructure PLC represents a material additional commitment. The announcement did not disclose any changes to Mr Miller's status or responsibilities at Manchester and London Investment Trust, nor did it indicate whether the board considered the appointment when evaluating his continued independence. No financial figures, remuneration details, or strategic commentary were included in the disclosure.