Directorate Change

Baillie Gifford China Grwth TrstPLC

27 March 2024

 

Baillie Gifford China Growth Trust plc (BGCG)

Legal Entity Identifier: 213800KOK5G3XYI7ZX18

Appointment of Director

The Board is pleased to announce the appointment of Sarah MacAulay as a non-executive Director of the Company with effect from 1 May 2024 following the retirement of Susan Platts-Martin on 30 April 2024.

Ms MacAulay has over twenty years of Asian fund management experience based in both London and Hong Kong, managing unit trusts and institutional assets. She was formerly a Director of Baring Asset Management (Asia) Ltd in Hong Kong, Asian Investment Manager at Kleinwort Benson Investment Management and Eagle Star in London.  She is currently Chairman of Schroder Asian Total Return Investment Company plc and a non-executive Director of Fidelity Japan Trust plc.

Susan Platts-Martin, Chair of Baillie Gifford China Growth Trust, commented:

"My fellow Directors and I are delighted to welcome Sarah to the Board. Her extensive investment trust board experience as well as her considerable Asian investment management expertise will be valuable to the Board'.

As at 27 March 2024, Ms Sarah MacAulay had a beneficial interest in 27,000 shares in the Company.

The appointment of Ms Sarah MacAulay falls to be ratified by shareholders at the Annual General Meeting of the Company to be held on 19 June 2024.

There is no further information required to be disclosed under section 9.6.13 of the Listing Rules.

Baillie Gifford & Co Limited

Managers and Secretaries

27 March 2024

Regulated Information Classification: Additional regulated information required to be disclosed under relevant laws.

 

END