LONDON STOCK EXCHANGE
ANNOUNCEMENT
JPMORGAN CHINA GROWTH & INCOME
PLC
DIRECTORATE CHANGE
Legal Entity Identifier: 549300S8M91P5FYONY25
Information disclosed in accordance with the
UK Listing Rules
6.4.6 R (1) and 6.4.8 R (1)
As part of its succession planning,
the Board of JPMorgan China Growth & Income plc (the
'Company'), is pleased to announce its intention to appoint Mr.
Nick Bannerman as an independent non-executive Director of the
Company with effect from 24th January 2025, following the Company's
Annual General Meeting on 23rd January 2025.
Mr. Bannerman is an experienced
professional who has held senior positions in a number of firms
with exposure to China during his career. He has been a
non-executive Director, Audit Chair and Chair of two investment
trusts over the past 21 years.
Mr. Bannerman is currently a
non-executive Director and Audit Chair of The Global Smaller
Companies Investment Trust (managed by Columbia Threadneedle
through its merger with BMO Global Asset Management). He joined the
board in 2019 and became Audit Chair in August 2024.
He is a former non-executive
Director, Audit Chair and Chair of Baillie Gifford Japan Trust. He
was Audit Chair from 2010 - 2014 and then Chair from 2014 -
2019.
From 2010 to 2024, Mr. Bannerman was
Managing Director & Global Sales Director of Johnstons of
Elgin, the UK's largest manufacturer of textiles, particularly in
the luxury sector. Previously, he was CEO of Kinloch Anderson and
Managing Director of Peter Scott & Co., both renowned Scottish
tartans and textile businesses with exposure to the Chinese market.
He qualified as a Scottish Chartered Accountant in 1990 with
Deloitte, Edinburgh.
As at the date of this announcement,
Mr. Bannerman held nil ordinary shares in the Company.
The Company discloses this
information pursuant to the Financial Conduct Authority's UK
Listing Rules 6.4.6 R (1) and 6.4.8 R (1). This disclosure is based
upon information provided by this Director.
No further information is to be
disclosed pursuant to UK Listing Rules
6.4.8 R (2) to 6.4.8 R (6) in respect
of Mr. Bannerman.
6th January 2025
For further information, please
contact:
Lucy Dina
JPMorgan Funds Limited, Company
Secretary
Telephone 0800 20 40 20
