River and Mercantile Group PLC ("the Company") announced that Mike Faulkner, Group CIO, and Jack Berry, Global Head of Complex Clients, have confirmed their intention to step down from the Board at the Company's AGM on 9 December 2019. This change allows Mike Faulkner the time to be fully focused on the development of the company's broader investment thinking as Group CIO and the management of the Global Macro strategy. This will also allow Jack Berry to focus on the development of the Solutions business and in particular to focus on his growing complex client base.