Press Release Tuesday 9th February 2010: Hutchinson & Co celebrates 25 years of service and security for developers and purchasers of shared leisure products

Hutchinson & Co Trust Company Limited is proud to announce that on the 5th February 2010, the Group celebrated its 25th Anniversary with a gathering of nearly one hundred staff, past and present, at the beautiful Elvetham Hall in Hampshire. Elvetham is steeped in history, having been owned by the family of Jane Seymour, one of Henry VIII’s wives and famed as being the site of the first performance of Shakespeare’s A Midsummer Night’s Dream.

Initially, Hutchinson’s acted as Collection Agent for resorts in Portugal and Malta. However, the company soon realized the huge potential that the industry offered to professionals prepared to marry their expertise and integrity to the ingenuity and resourcefulness of the emerging sales and marketing entrepreneurs. In 1990, Peter Hutchinson, Group Chairman, took the key decision to take the company to the next level and as a result, Hutchinson & Co Trust Company Limited was formed.

During the last twenty five years, the Group has gone from strength to strength, consistently providing a quick, efficient, professional and value for money service, permitting the company to become one of the top specialized Holiday Ownership Trustees in Europe and the largest in India and the Far East. In summarizing the Group’s success, Peter Hutchinson remarked:

“The only constant throughout the last 25 years has been change! And our success has been built on the ability to adapt to what the market demands and to maintain a level of service which is always one step above the expectations of our clients! Our business life is a far cry from its beginnings when Joy Pope and I both worked from home, with a single phone line, typewriter and telex machine, between us! Indeed, that which seemed daunting in 1985 now seems mundane and it will not be long before we can say that at any hour of the day, somewhere in the world, there is a Hutchinson office open for business!”

In 2007, the Group set up a specialist subsidiary, Citadel Trustees Ltd, with a principle focus on emerging products, such as green energy products, requiring stakeholder, trustee and escrow services, as well as Hotel buy-to-let schemes and other leisure related investment products. Citadel has grown rapidly and is now authorized by the UK Financial Services Authority to set-up, operate and manage Unregulated Collective Investments Schemes, an area of business which has seen very strong growth in recent years and one which will be of particular focus for the company in the future. The Group now boasts offices in the UK, Spain, India, Thailand and China and is involved with projects valued at over $2.5 billion!

For further information about Hutchinson or Citadel, please contact Christopher Allen, Director, Client Services and Business Development, by email chrisallen@citadeltrustees.com or, call the company’s UK Head Office +44 (0) 1276 482015/16