The Mercantile Investment Trust plc announced the appointment of Harry Morley as a non-executive Director of the company with effect from the close of the company's forthcoming Annual General Meeting on 21 May 2014. Morley is currently CEO of Armajaro Asset Management LLP, and a main board director of Armajaro Holdings Ltd. He is a non-executive Director of Bibendum Wine Holdings Ltd. Previously he was Group Finance Director of Armajaro Holdings Ltd.