Dunedin Smaller Cos Inv Tst PLC Directorate Change (3518E)
February 08 2018 - 9:24AM
UK Regulatory
TIDMDNDL
RNS Number : 3518E
Dunedin Smaller Cos Inv Tst PLC
08 February 2018
DUNEDIN SMALLER COMPANIES INVESTMENT TRUST PLC ("the
Company")
LEI: 213800CI43OQT8KBKE03
Board Composition
The Company announced, on 21 December 2017, that Mr Norman
Yarrow would retire from the Board at the Annual General Meeting in
2019 and that, at the same time, it would seek to recruit two new
independent Directors. The Board today announces that due to
progression in his Parkinson's Disease, Mr Yarrow has decided to
step down from the Chairmanship earlier than originally planned, he
will, however, carry on as a Director in the short term. Therefore,
with effect from today, Mr James Barnes will fill the role of
Chairman. The Board has already commenced its search for new
Directors and Mr Yarrow will remain as a non-executive Director of
the Company until his replacement has been appointed, at which
point he will retire from the Board. Mr Yarrow has served as a
Director since May 1998 and as Chairman since February 2015. The
Board would like to express its sincere thanks to Mr Yarrow for his
service to the Company as its Chairman and looks forward to
continuing to work with him while he remains as a Director.
Mr Barnes is the Senior Independent Director and was appointed
as a Director in December 2003. Following completion of the
recruitment process he intends to step down from the Board during
2019.
For further information, please contact:
Aberdeen Asset Management PLC
Secretaries
8 February 2018
Tel. 0131 528 4000
This information is provided by RNS
The company news service from the London Stock Exchange
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