The Board of Aberforth Smaller Companies Trust plc announced the appointment of Mr. Martin Warner as an independent non-executive Director of the company with effect from March 1, 2018, upon conclusion of the Annual General Meeting. Martin Warner co-founded Michelmersh Brick Holdings plc in 1997 and served as Chief Executive and subsequently non-executive Chairman from May 2017. As previously announced on January 26, 2018, Mr. David Jeffcoat, who has been an independent non-executive Director since July 2009, retired as a Director of the company at the Annual General Meeting held on March 1, 2018. Mrs. Julia Le Blan has been appointed Chair of the Audit Committee and Mrs. Paula Hay-Plumb has also been appointed as a member of the Audit Committee. Both these appointments took effect from March 1, 2018, upon conclusion of the Annual General Meeting.