Board Changes

Ace Liberty & Stone PLC
29 May 2024
 

ACE LIBERTY AND STONE PLC

 

(''Ace'' or "the Company'')

 

Board Changes

 

Ace Liberty and Stone Plc (AQSE: ALSP), the active property investment company, capitalising on commercial property investment opportunities across the UK, is pleased to announce the appointment of Eric Michael Gummers to the Board of the company on 28 May 2024.

 

Eric Michael Gummers is a former partner at Howard Kennedy LLP and will join the Board as Senior Independent Director. Eric Michael Gummers will also join the audit and remuneration committees in place of Ivan Minter. Keith Pankhurst, previously Senior Independent Director, will remain on the Board as a Non-Executive Director.

 

The following information is disclosed pursuant to rule 4.9 of the AQSE Growth Market Access Rulebook. 

 

Current Directorships/partnerships 

Previous Directorships/partnerships 

Peterhouse Capital Limited

N/A

Vincent Square Mansions Résidents Limited


Mancipatio Holdings Limited


Mancipatio Fiduciary Limited


 

Eric Michael Gummers does not hold any shares in the Company.

 

Except as set out above, there is no further information regarding Eric Michael Gummers that is required to be disclosed pursuant to rule 4.9 of the AQSE Growth Market Access Rulebook. 

 

Dr Anthony Ghorayeb, Chairman of Ace, commented:

 

"We are delighted to welcome Eric to the Board and wish him every success. With his legal background and real estate specific experience, Eric brings a wealth of knowledge to the Board which we believe will help drive the success of the company."

 

The Directors accept responsibility for this announcement.

 

 

- ends -

 

 

For further information, please contact:

 

 


Ace Liberty & Stone Plc


Laura Yates, Finance Director

Tel: +44 (0) 20 7201 8340


http://acelibertyandstone.com

Alfred Henry Corporate Finance Ltd,

AQSE Exchange Corporate Adviser


Nick Michaels

Tel: +44 (0) 20 3772 0021


www.alfredhenry.com



 




 

Notes to Editors

 

Ace Liberty & Stone Plc is a property investment company with a diverse portfolio of properties located across the UK, predominantly in the midlands and north of England, which are now the focus of Government incentives. The Company locates commercial properties which have creditworthy tenants, several years' rental income and the potential for an increase in value through creative asset management activity, such as change of tenancy, change of use or new lease negotiation.  Ace has maintained a track record of generating strong profits at disposal of properties and achieving better-than average returns on capital. With strong support from shareholders and mortgage lenders, the Company is currently seeking to deploy its strong balance sheet and is seeking further investment opportunities in the UK to create value for existing and new investors.

Ace is run by a board with extensive property experience, an excellent network of contacts and relevant professional qualifications. This sector expertise has allowed the Board to identify opportunities and act promptly to secure investments.

 

For more information on the Company please visit www.acelibertyandstone.com

 

 

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