Scot.Mort Inv Tst - Scottish Mortgage appoints Non-executive Director

Scottish Mortgage Investment Trust

08/11/2024 07:00

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RNS Number : 4383L  Scottish Mortgage Inv Tst PLC  08 November 2024

Scottish Mortgage Investment Trust PLC ("the Company")

Legal Entity Identifier: 213800G37DCS3Q9IJM38

 

Board Update

 

The Board is pleased to announce the appointment of Christopher Samuel as an
independent Non-executive Director of the Company, with effect from 1 January
2025.

 

Christopher's appointment is subject to shareholder approval at our Annual
General Meeting in 2025. I will retire from the Board at the Annual General
Meeting in 2025, following which Christopher Samuel will become the Chair.
Professor Maxwell, Senior Independent Director, intends to retire from the
Board a year after me, at the AGM in 2026. The Board will communicate his
successor as Senior Independent Director in due course.

 

Christopher Samuel is an experienced Chair and non‑executive director with
financial services expertise. Formerly the Chief Executive of Ignis Asset
Management, Christopher also held board-level executive positions at several
asset management businesses including Gartmore, Hill Samuel Asset Management
and Cambridge Place Investment Management. Prior to that he worked at
Prudential‑Bache and KPMG, where he qualified as a chartered accountant.
Christopher is the Chair of BlackRock Throgmorton Trust plc and a
non-executive director of Quilter plc, having previously been Chair of Quilter
Financial Planning Limited. He was previously Chair of JP Morgan Japanese
Investment Trust plc and a director of Alliance Trust, Sarasin, UIL and UIL
Finance Limited.

 

Justin Dowley

Chair

 

 

As at 7 November 2024, Christopher Samuel held a beneficial interest in 23,109
shares in Scottish Mortgage Investment Trust PLC (and had a non-beneficial
interest in 2,435 shares).

 

There is no other information required to be disclosed under Listing Rule
6.4.8.

 

 

 

Enquiries:

 

Stewart Heggie

Baillie Gifford & Co Limited

Managers and Secretaries

7 November 2024

 

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

 

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