7 Jun 2021 11:06
Aberdeen Smaller Companies Income Trust PLC (the "Company")
Legal Entity Identifier (LEI): 213800J6D2TVHRGKBG24
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7 June 2021
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Director changes
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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. Â
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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).
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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.
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He is currently a non-executive director of Martin Currie Global Portfolio Trust plc and JP Morgan US Smaller Companies Investment Trust plc.
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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.
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We are delighted to welcome Christopher to the Board. He brings a wealth of knowledge in relation to closed-end funds, including experience of the Smaller Companies Sector."
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Christopher will stand for election as a Director at the Annual General Meeting to be held in April 2022.
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There are no other disclosures required under Section 9.6.13 of the Financial Conduct Authority Listing Rules.
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For further information, please contact:
Holly Kidd
Aberdeen Asset Management PLC
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+44 7892 783599
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