JPMorgan Elect has appointed Karl Sternberg as an independent non-executive director with effect from 16 December.

Sternberg is the former chairman of JPMorgan Income & Growth Trust plc, which is now in voluntary liquidation.

As previously announced by the company in its prospectus dated 26 October, Sternberg's appointment follows the successful reconstruction of JPMIG and the resulting issue of new shares by the company.

At 2:15pm:

(LON:JPE) JPMorgan Elect PLC Managed Growth SHS share price was 0p at 671p

(LON:JPEC) JPMorgan Elect PLC Managed Cash Shs 0.002p share price was -1p at 101.5p

(LON:JPEI) JPMorgan Elect PLC Managed Income share price was 0p at 103.5p