Directorate Change

BlackRock Throgmorton Trust plc

Change in Directorate

The Board is pleased to announce the appointment of Mr Christopher Samuel as a non-executive Director of the Company with effect from 1 June 2016.   Mr Samuel will also serve as a member of the Company’s Audit Committee, Nomination Committee and Management Engagement Committee.

Mr Samuel graduated from Oxford with an MA in Philosophy, Politics and Economics. He qualified as a Chartered Accountant with KPMG.

He was Chief Executive of Ignis Asset Management from 2009 until its sale to Standard Life Investments in 2014. He was previously Chief Operating Officer at Gartmore and Hill Samuel Asset Management and was a partner at Cambridge Place Investment Management.

Mr Samuel holds or held the following directorships of publicly quoted companies in the last five years:

Non-executive director Alliance Trust plc
Non-executive director JPMorgan Japanese Investment Trust plc
Non-executive director UIL Limited

The Board has determined that Mr Samuel will be considered to be an independent non-executive director of the Company notwithstanding that both he and Mr Eric Stobart, a non-executive director of the Company and Chairman of the Audit Committee, are also non-executive directors of UIL Limited. Mr Stobart will also continue to be considered to be an independent non-executive director of the Company.

It should be noted that Mr Stobart will retire as a non-executive Director of the Company and as Chairman of the Audit Committee with effect from the close of the Annual General Meeting in 2017. The Board would like to thank Mr Stobart for his valuable service to the Company over the last twelve years.  Mr Loudon Greenlees will succeed Mr Stobart as Chairman of the Audit Committee.

Mr Samuel has not held any other directorships of publicly quoted companies in the last five years.

Mr Samuel does not have any interest in the ordinary shares of the Company at the present time.

There are no further details or disclosures required under Listing Rule 9.6.13R in respect of Mr Samuel.


Barbara Powley
Company Secretary

Date: 31 May 2016