Kings Arms Yard VCT PLC announced that John Chiplin intends to resign as Non-Executive Director of the Company for personal reasons. He will remain on the Board until the end of the financial year of the Company, 31 December 2022. On his retirement, Swarupa Pathakji will succeed him as Chairman of the Nomination and Remuneration Committees.

The Board has greatly enjoyed working with John and wishes to express its thanks for his contribution and professionalism during his tenure and wish him well for the future.