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23 Mar 2026 11:48
Aberdeen UK Smaller Companies Growth Trust plc
LEGAL ENTITY IDENTIFIER (LEI): 213800UUKA68SHSJBE37
23 March 2026
Board Changes
The Board of Aberdeen UK Smaller Companies Growth Trust plc (the "Company") is very pleased to announce the appointment of Stephen (Steve) Russell as an independent non-executive Director of the Company with effect from 1 April 2026.
Steve was, until 2025, Investment Director and a member of the multi asset investment committee at Ruffer LLP, where he helped direct its investment strategy. He joined Ruffer in 2003 and managed its flagship pooled funds and developed its institutional pension fund offering into one of the largest multi asset/absolute return fund managers in the UK. Steve previously managed segregated pension funds at Sun Life of Canada and advised pension fund managers as a strategist at HSBC. He is a Director of F&C Investment Trust PLC.
There are no other disclosures required under Section 6.4.8 of the Listing Rules in relation to this appointment.
Steve will stand for election at the Annual General Meeting to be held in November 2026.
The Board also announces that Tim Scholefield will retire as a Director with effect from the Annual General Meeting in November 2026. Tim has been a Director of the Company for nine years, having been appointed in February 2017. The Board would like to thank him for his significant contribution over this time.
It is the Board's intention that, following Tim's retirement, Steve will be appointed as Senior Independent Director and Chairman of the Management Engagement Committee.
For further information, please contact:
G Hay Smith
abrdn Holdings Limited
Company Secretary
0131 372 2200
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