Board Appointment

RNS Number : 1384M

FastForward Innovations Limited

03 January 2019

 

3 January 2019

FastForward Innovations Ltd

("FastForward" or the "Company")

Board Appointment

FastForward is pleased to announce the appointment of Mr Lance De Jersey to the Board as Finance Director and Chief Operating Officer ("COO") with immediate effect. Ian Burns, currently the Company's COO and Chief Financial Officer, will retire from his current role within the Company but will continue as a Non-Executive Director.

Lance De Jersey (ACIS) is member of the Institute of Chartered Secretaries and Administrators and Institute of Directors. Lance spent 7 years (2010-2017) at Partners Group, the Swiss based private equity group, culminating in his role as head of Partners Group's Guernsey office, serving on the Guernsey boards and chairing the Risk & Audit and AML committees and a member of the Investment Oversight committee.  He has over eight years' experience in private equity investment administration and management.

 
Prior to this, Mr De Jersey owned and operated retail franchises, marketed and sold small businesses as a business broker and worked as a financial adviser in New Zealand.  He is currently a non-executive director of Pearl Holding Limited (an investment fund managed by Partners Group) and is former secretary and vice chairman of the Channel Island Private Equity and Venture Capital Association.

Jim Mellon, Chairman, commented: "Ian Burns had indicated a wish to step away from an executive role with the Company to allow him to focus on his other projects, but I am pleased that we will still have access to his knowledge and experience as a non-executive director. At the same time, we are delighted to welcome Lance to the Board of FastForward where we feel his background in working in the regulated funds industry in Guernsey will be of considerable benefit to FastForward Innovations. We remain excited by the opportunities within our existing investee company portfolio and hope that Lance can assist in developing these to realise value for our Shareholders."

Further AIM disclosures relating to Lance De Jersey's appointment

Lance Graham De Jersey (aged 45) has held the following directorships and/or partnerships in the past five years:

Name of company, partnership or trade in full

CURRENT

Pearl Holding Limited

Rosetta Governance Services Limited

PAST

Partners Group (Guernsey) Limited

Partners Group Client Access Management I Limited

Partners Group Management Limited

Partners Group Management II Limited

Partners Group Management III Limited

Partners Group Management IV Limited

Partners Group Management V Limited

Partners Group Management VI Limited

Partners Group Management VII Limited

Partners Group Management VIII Limited

Partners Group Management IX Limited

Partners Group Management X Limited

Partners Group Management XI Limited

Partners Group Management XII Limited

Partners Group Management XIII Limited

Partners Group Management XIV Limited

Pearl Management Limited

Penta Management Limited

Princess Management Limited

Access Services Limited

BBB Industries IC Ltd

Casadoce IC Ltd

Funds SA IC Ltd

Gresham IC Ltd

Helios IC Ltd

Lac Leman EUR IC Ltd

Lac Leman Infrastructure IC Ltd

Lac Leman Real Estate IC Ltd

Multi Strategy IC Ltd

P3 Dissolution IC Ltd

P3 New IC Ltd

Partners Group Access Finance Ltd

Partners Group Blue Lines IC Ltd

Partners Group Cayman Management I Limited

Partners Group Cayman Management II Limited

Partners Group Cayman Management III Limited

Partners Group Client Access 10 MP Management Ltd

Partners Group Columbus IC Ltd

Partners Group Columbus II IC Ltd

Partners Group Finance CHF IC Ltd

Partners Group Finance EUR IC Ltd

Partners Group Finance GBP IC Ltd

Partners Group Finance USD IC Ltd

Partners Group Finance SGD IC Ltd

Partners Group Finance ICC Limited

Partners Group Generations (EUR) IC Ltd

Partners Group Generations (USD) IC Ltd

Partners Group Highland Real Estate (EUR) IC Ltd

Partners Group Highland Real Estate (USD) IC Ltd

Partners Group Investment ICC Limited

Partners Group KB Infrastructure Investments Limited

Partners Group Management (Scotland) Limited

Partners Group Management XV Limited

Partners Group Narita IC Ltd

Partners Group Nipon IC II Ltd

Partners Group Nipon IC Ltd

Partners Group Orange IC Ltd

Partners Group Paloma IC Ltd

Partners Group Princess Learning IC Ltd

Partners Group RBG IC Ltd

Partners Group Satellite IC Ltd

Partners Group SPP1 Limited

Partners Group Starfrost Limited

Partners Group Titus IC Ltd

Partners Group Viking Limited

Vega Invest (Guernsey) Limited

Vega Invest Fund PLC

Win ALT IC Ltd

Zugersee IC Ltd

Luna PCC Limited

Partners Group Rainbow IC Ltd

Partners Group Constantin IC Ltd

Partners Private Markets Management Limited

Greenstone IC Ltd

There is no further information to be disclosed in relation to Lance's appointment pursuant to AIM Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

FastForward  Innovations Limited [e-mail] Chris Bougourd / Lance De Jersey / Ed McDermott

Beaumont Cornish Limited (Nomad) Tel: [phone] James Biddle / Roland Cornish

Optiva Securities Limited (Broker) Tel: [phone] Jeremy King / Graeme Dickson

 

END

 

 

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