Herald Investment Trust PLC announced that Following a comprehensive selection process, conducted using an independent third-party search firm, the Company announce the appointment of Christopher Metcalfe as an independent non-executive director of the Company with immediate effect. Christopher is currently chairman of the Martin Currie Global Portfolio Trust, senior independent non-executive director at JP Morgan US Smaller Companies Investment Trust and a non-executive director of Columbia Threadneedle UK Capital and Income Investment Trust plc. He was previously a non-executive director of abrdn Smaller Companies Income Trust until its merger with Shires Income in December 2023.

He has considerable investment management experience having worked previously at Newton Investment Management (2006-2017), Schroder Investment Management (1995-2006) and Henderson Administration Group plc (1985-1994). As previously announced, having served 9 years on the Board, Karl Sternberg has stepped down.