Ranger Direct Lending Fund Plc announced that Christopher Waldron, Chairman, and Matthew Mulford have both confirmed that they will resign immediately prior to the AGM. As Chairman Mr. Waldron lead the Company's management review process which concluded with Ares being selected as the preferred candidate to be put to shareholders in general meeting. Now that an orderly wind up of the Company is being pursued, Mr. Waldron has determined that it is appropriate for him to step down. Mr. Mulford has separately decided that it would now be an appropriate time to step down as the board is reconstituted in connection with the realisation of the company's portfolio. Scott Canon has also confirmed his intention to resign as a director immediately prior to the AGM in order that the newly formed board is independent of the Company's investment manager.