Director Changes

RNS Number : 0390B

Aberdeen Smaller Co's Inc Tst PLC

07 June 2021

 

Aberdeen Smaller Companies Income Trust PLC (the "Company")

Legal Entity Identifier (LEI): 213800J6D2TVHRGKBG24

7 June 2021

Director changes

Further to the Company's announcement on 11 March 2021, the Board of Aberdeen Smaller Companies Income Trust PLC confirms that Barry Rose has retired as a Director and is pleased to announce the appointment of Christopher Metcalfe as an independent non-executive Director of the Company. Both changes take place with immediate effect.  

It is intended that an additional independent non-executive director will be recruited before the next AGM in April 2022 , in anticipation of the retirement of the Chairman, Robert Lister, at that meeting (as previously announced) . 

Christopher, has over 30 years' experience in investment management, having been an investment manager at Newton Investment Management from 2006-2017, and prior to that at Schroder Investment Management and Henderson Administration Group.

He is currently a non-executive director of Martin Currie Global Portfolio Trust plc and JP Morgan US Smaller Companies Investment Trust plc.

The Chairman has commented as follows on these changes:

"I should like to take this opportunity to thank Barry Rose, on behalf of the Board, for his support throughout his tenure and for his continuous service as a Director of the Company since March 2011. We wish him the very best in the future.

We are delighted to welcome Christopher to the Board. He brings a wealth of knowledge in relation to clos ed-end funds, including experience of the Smaller Companies Sector."

Christopher will stand for election as a Director at the Annual General Meeting to be held in April 2022.

There are no other disclosures required under Section 9.6.13 of the Financial Conduct Authority Listing Rules.

F or further information, please contact:

Holly Kidd

Aberdeen Asset Management PLC

[phone]

 

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