Directorate Change

RNS Number : 1085S

Sirius Real Estate Limited

15 November 2011

 



Sirius Real Estate Limited

("Sirius" or the "Company")

Directorate Change

Sirius, the real estate company with a portfolio of 38 large mixed-use commercial sites in Germany, is pleased to announce the appointment of Justin Michael Schaefer (aged 24) as a Non-executive Director with immediate effect. Justin will replace Eitan Milgram as the Weiss Asset Management LP representative on the board of the Company.

Justin Schaefer is an investment analyst at Weiss Asset Management, an investment manager based in Boston, MA. Justin has worked at Weiss since 2008 where he has overseen the fund's real estate investments. Prior to Weiss, Justin graduated from the Massachusetts Institute of Technology in Cambridge, MA.

Enquiries:

Sirius

Robert Sinclair                           01481 729 466

Peel Hunt LLP                         020 7418 8900

Capel Irwin / Alex Vaughan                                     

Cardew Group                         020 7930 0777

Tim Robertson / Georgina Hall                               

The following information is disclosed in relation to Schedule Two paragraph (g) of the AIM Rules:

Funds managed by Weiss Asset Management LP, Justin's employer, hold 12.8% of the issued share capital of the Company.

 

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