Directorate Change

RNS Number : 6176T

JPMorgan European Smaller Co.

14 December 2012

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN EUROPEAN SMALLER COMPANIES TRUST PLC

CHANGE IN DIRECTORATE

Appointment

The Board of JPMorgan European Smaller Companies Trust plc is pleased to announce the appointment of Ashok Gupta as a non-executive Director of the Company with effect from 1^st January 2013.

Mr Gupta is is Advisor to the Group Chief Executive Officer at Old Mutual Plc.  He is a Member of the FRC Actuarial Council, Chairman of eValueFE (which provides actuarially-based financial planning tools to major banks, insurers and IFAs) and Chairman of Skandia Life UK.

From 2004 to 2009, Mr Gupta was a founder Director of Pearl Group, prior to which he held positions with Lloyds of London, CGU Plc, Scottish Amicable, Tillinghast-Towers Perrin and Bacon & Woodrow.  He was formerly a Director of The Pensions Regulator, J Rothschilds Assurance, Pearl Assurance, London Life & NPI .

Mr Gupta does not currently hold any shares in the Company.

No further information is to be disclosed in respect of paragraphs 9.6.13 (2) - (6) of the UKLA Listing Rules for Mr Gupta.

Retirement and Appointment of New Chairman

As previously disclosed, Paul Manduca, Chairman of the Company, retires from the Board on 31^st December 2012.  Carolan Dobson will assume the role of Chairman of the Company with effect from 1^st January 2013.

14^th December 2012

For further information, please contact:

Jonathan Latter

JPMorgan Asset Management (UK) Limited - Company Secretary

Telephone [phone]

 

END

 

 

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