Scottish Mortgage Inv Tst PLC Update (4171T)
17 Marzo 2023 - 9:54AM
UK Regulatory
TIDMSMT
RNS Number : 4171T
Scottish Mortgage Inv Tst PLC
17 March 2023
Scottish Mortgage Investment Trust PLC (SMT)
Legal Entity Identifier: 213800G37DCS3Q9IJM38
Update
Contrary to recent press speculation, the Board can confirm
that, at present, Professor A Bhidé remains a director of the
Company and has not resigned or been removed.
Fiona McBain, Chair, Scottish Mortgage Investment Trust PLC,
commented:
"As Chair of Scottish Mortgage, I have complete confidence that
Scottish Mortgage's Board provides robust governance and oversight.
Current topics such as short-term volatility and the Company's
exposure to private companies have been debated at length and will
continue to be scrutinised by the Board. The Board is convinced
that the managers are taking the right long-term investment
approach and building a portfolio of exceptional growth companies
that can deliver for shareholders over five years or more."
Baillie Gifford & Co Limited
Company Secretaries
17 March 2023
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