WAM Microcap Limited Announces Resignation of Director Chris Stott
July 29, 2019 at 12:23 am
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WAM Microcap Limited announced the resignation of Director Mr. Chris Stott effective 26 July 2019. The Board of Directors is comprised of Chairman Geoff Wilson AO, independent Director Jacqueline Sullivan and non-independent Director Kate Thorley.
WAM Microcap Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Companyâs investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term and preserve capital. The Company engages in investing activities, including cash, term deposits and equity investments. It provides investors with exposure to a diversified portfolio of undervalued growth companies listed on the Australian Securities Exchange (ASX). It provides investors access to a portfolio of undervalued micro-cap growth companies with a market capitalization of less than $300 million at the time of acquisition. It also provides exposure to relative value arbitrage and market mispricing opportunities. Its diversified investment portfolio by sector includes consumer discretionary, industrials, information technology, financials, and others. Its investment manager is MAM Pty Limited.