Murray International Regulatory News (MYI)

MURRAY INTERNATIONAL TRUST PLC (the "Company")

Legal Entity Identifier (LEI): 549300BP77JO5Y8LM553

21 April 2023

Board Succession Update

As indicated in the Annual Report for the year ended 31 December 2022, Mr David Hardie will be retiring from the Board on 31 December 2023 and Ms Virginia Holmes will become Chair with effect from 1 January 2024. Ahead of these changes, the Board of Murray International Trust PLC is pleased to announce the appointment of Mr Gregory Eckersley with effect from 1 May 2023 and Ms Wendy Colquhoun with effect from 1 September 2023 as independent non-executive Directors. 

David Hardie, Chairman, commented on the appointment:

"I am delighted to announce the appointments of Mr Gregory Eckersley and Ms Wendy Colquhoun to the Board.

Greg is an experienced equity investor with a professional executive career in a mix of leadership and asset management roles. Having begun his investment career at Cigna International Investment Limited, he gained international experience at Draycott Partners, Alliance Capital, and Alliance Bernstein, managing, and overseeing teams investing in emerging market and global portfolios before accepting the role of global head of internal equities at the Abu Dhabi Investment Authority (ADIA). After six years with ADIA, he returned to the UK in 2019 to run his own consultancy, Ecko Limited, offering strategic advice to small and early stage businesses. Greg will join the Board on 1 May 2023.

Wendy will join the Board on 1 September 2023. She is a qualified solicitor and was, until May 2020, a partner at international law firm CMS Cameron McKenna Nabarro Olswang LLP. She has advised investment trust boards for over 25 years on advisory and transactional matters and has a thorough understanding of investment trusts and the regulatory and other challenges they face. She is a non-executive director of Capital Gearing Trust p.l.c and Schroder UK Mid Cap Fund plc and chair of Henderson Opportunities Trust plc.

Disclosures under paragraphs 9.6.13 (1) - (6) of the Financial Conduct Authority's Listing Rules:

Ms Colquhoun is a non executive Director of the following publicly quoted companies:

Capital Gearing Trust p.l.c, Schroder UK Mid Cap Fund plc and Henderson Opportunities Trust plc.

Mr Eckersley resigned as a Director of Lekoil Limited (listed on AIM) on 4 January 2020.

There are no other disclosures required to be made for Mr Eckersley and Ms Colquhoun, in respect of paragraphs 9.6.13 (1) - (6) of the Financial Conduct Authority's Listing Rules.

Neither Mr Eckersley nor Ms Colquhoun holds any Ordinary shares in the Company.

abrdn Holdings Limited

Company Secretary