Completion of Investment and Board Changes

RNS Number : 0503M

Aisi Realty Public Limited

09 August 2011

 

Aisi Realty Public Limited

("Aisi" or "the Company")

Completion of Investment and Board Changes

Aisi Realty Public Limited (AIM: AISI), a property investment company focusing on development projects and related investments in Ukraine, is pleased to announce the completion of the investment by South East Continent Unique Real Estate Management ("SECURE Management"), following shareholder approval having been obtained on all resolutions proposed at the First EGM and Second EGM on 17 and 24 July 2011 respectively.  Further, the Company announces the immediate appointment to the Board of Lambros Anagnostopoulos, Antonios Kaffas, Ian Domaille and Robert Sinclair, each being nominations by SECURE Management.

Paul Ensor, Chairman of Aisi commented:

"The Board is delighted with this transaction which will address our most pressing short term issues as well as put the Company in a position to take full advantage of its existing assets and its valuable strategic position in the future. The Board welcomes the new members and looks forward to working with them in the same collaborative manner that we have worked with SECURE Management in recent months in the preparations for this transaction."

A further announcement regarding the restoration of the Company's shares to trading on AIM will be made in due course.

Further details of the new directors are set out below:

Lambros Anagnostopoulos

Lambros Georgiou Anagnostopoulos, aged 48 is appointed as CEO of the Company.  Lambros brings with him a wealth of experience in the real estate sector, having been CEO of LAMDA Development S.A., a leading real estate developer listed on the Athens Stock Exchange from its incorporation in 2000 until 2006 as well as vice Chairman of the Board in EFG Eurobank Properties, the first Greek REIT listed in the Athens Stock Exchange, from 2001 until 2007 and is the founder and Managing Director of Secure Management Ltd, a company that advises on private equity property investments in South East Europe.

Lambros is or has been a director or partner of the following companies or partnerships during the previous five years:

Current	Previous
Secure Investments Ltd	Lamda Developments S.A.
Secure Management Ltd	Eurobank EFG Properties S.A.
SCEPSI S.A.	AEDES Immobiliare S.A.
Ilektroniki Athinon S.A.

Antonios Kaffas

Antonios Kyriakou Kaffas, aged 60 is appointed as non-executive director.  Antonios, a fellow of the Institute of Chartered Accountants in England and Wales, has worked as CFO in several shipping and real estate companies (including LAMDA Development S.A., a leading real estate developer listed on the Athens Stock Exchange where he was CFO from its incorporation in 2000 until 2006), more recently for 2 years to January 2011 at Gulf Marine Management S.A. and currently at Hermes Marine Management S.A..

Antonios is or has been a director or partner of the following companies or partnerships during the previous five years:

Current	Previous
SCEPSI S.A.	Magna Marine S.A.
Mission "Anthropos" S.A.

Robert Sinclair

Robert Archibald Gilchrist Sinclair, aged 61, is appointed as non-executive director.  Robert, a fellow of the Institute of Chartered Accountants in England and Wales, member of the Institute of Chartered Accountants of Scotland and member of Society of Trust and Estate Practitioners was formerly managing partner of the chartered accountancy firm, Saffery Champness, Guernsey from which he retired in 2001 to found, amongst others Artemis Fiduciaries. Robert is a director and chairman of the audit committee of Picton Property Income Limited, a UK invested property fund listed on the London Stock Exchange, and is chairman of Sirius Real Estate Limited, an AIM listed company investing in real estate in Germany, as well as being a non-executive director of a several other companies listed on the London Stock Exchange.

Robert is or has been a director or partner of the following companies or partnerships during the previous five years:

Current	Previous
31SJP investments Limited	12 St Germans Place Limited
Abbeygate Resources Limited	Anghiti Holdings Limited
Adelphi Management Limited	Appia Limited
Alufer Limited	Arcus European Infrastructure Fund GP
Alufer Mining Limited	Aruana Inc
Antilles Windward Holdings Limited	Bagan Group (JSC) Limited
APN Management Limited	Bayleaf Invest Limited
Aquaterra Group SA	Bibby Offshore (Guernsey) Limited
Artemis Corporate Services Limited	Bibby  Ship Management (Guernsey) Limited
Artemis Corporate Services Limited	Brenham Securities Limited
Artemis Holdings Limited	Central Rand Gold (Netherlands Antilles) N.V.
Artemis Nominees Limited	Central Rand Gold Limited
Artemis Secretaries Limited	Chromex Mining PLC
Artemis Societe Avec Responsabilite Limited	Coolmint Limited
Artemis Trustees Limited	DDH Investment Limited
Arxos Limited	Delta Securities Holdings Limited
Ashtone Investments Limited	Denvale Global Limited
Bella Resources Limited	DFDS Tor Line (Guernsey) Limited
Benzu Resources Limited	Diamond Worldwide Finance Limited
Bibby  Ship Management Services Limited	Exotic Hotels Limited
BIL (SCB) Holdings Limited	Featherglass Limited
Bravo Securities Limited	First CHT Limited (formally Oil & Gas Refining No 2 Limited)
Breezes Beach Club Limited (Gsy)	Flow East (BVI) Limited
Befney Investment Holdings Limited	Foreland Shipping (Guernsey) Limited
Brookdelle Limited	G & J Hamilton Limited
Centenary Investments Limited	Global High Yield Bond Trust Limited
Centrale Oill and Gas Investments Limited	Gold Minerals Resources Limited
Chadstone Management Inc	Greenoaks Properties Limited
Chariot Oil and Gas Investments (Namibia) Limited	Holmbush Investments Limited
Chariot Oil and Gas Limited	ING Atlas Infrastructure (Guernsey General Partner)  Limited
CoMico (BVI) Limited	Inprop Management Limited
Crocketfort Limited	Island Sound Limited
DDS Lime BV	Jade Management Holdings Limited
Delstone Management Limited	Kahill Holdings Limited
Devoran Trustees	Kamanda Limited
DH Property Holdings Limited	Kilvarock Limited
Evans Randall Capital Partners International Limited	Kiribati Investments Limited re Trigranit
Evans Randall International Limited	Knightsbridge  Property Limited
Financial and International Investments Group Limited	Laskara Limited
Flow East Limited	Lavima Holdings Ltd
Fortuitous Limited	LGS Limited
Gerel Investment Corp	Libertas Holdings Limited
Global Drilling and Production Limited	Libertas Limited
GMS Guernsey Pension Plans Limited	Liberty Holdings Investment Limited
Golden Square Investments Limited	Maranello properties Limited
Gottex Market Neutral Trust Limited	Maritime Adriatic Limited
Guinness Energy Fund Limited	Mirasol Overseas Limited
Guinness Energy Master Fund Limited	Mukuba Resources Limited
Hallbourgh Investments Limited	NR Securities Limited
Hightrees Inc	Oakdale Global Limited
Holland Holdings Limited	Oriana Investments (BVI) Group Limited
ING Real Estate (Property No 2) Limited	Peach Hill Limited
ING UK Real Estate Income Trust Limited	Prague Property Holdings (BVI)  Limited
ING UK REIT (SPV No 2) Limited	Pritchard-Gordon Tankers (Guernsey) Limited
ING UK REIT (SPV ) Limited	Redita Overseas Limited
International Copper Resources Limited	Revax Art Investment Limited
IRET Securities Limited	Riverdale Resources Limited
JNR Limited	Roseway Global Limited
Kilrieco Limited	Rowlinson Limited
Kirkland Limited	Sherton Limited
Lawon Trading Corp	Spitfire Digital Limited
Lunga Resources (BVI) Limited	Spruce Management Limited
Madini Resources Limited	Standing Rock Corporation
Management Construction & Technical Services Societe Avec R	Strasbury Limited
Mantova Limited	Tarville International Limited
Marba Brinkmann BV	Truscott Investments Limited
Marba Catalpa BV	United European Car Carriers (Guernsey) Limited
Marba Dutch Holdings BV	Uplink Investments Group Limited
Marba HAG BV	Vallar PLC
Marba Hornbeam BV	VB Investments Limited
Matsu Overseas Limited	Wakari Investments Limited
Merrydown Properties Inc	Voltaire Distribution Limited ( In liquidation)
Millennium Asset Management Limited	Westward Investments Limited
Millennium Global (Japan) Limited	Woodward Overseas  Limited
Millennium Global Emerging Credit GP Limited	WWRH Limited
Millennium Group Holdings Limited	Artemis, Chartered Accountants
Millennium Multi Strategy Limited
Miranda Properties Limited
Navite Holdings Limited
Ottilia Investments Limited
Park Capital Limited
Pearltona Enterprises Limited
Pella Group Limited
Pennycross Limited
Pichard Holdings Limited
Picton Property Income Limited
Pilden Holding Inc.
Postillion Investments Limited
Proctor International Limited
Rainbow Group Services Limited
Razario Resources Ltd.
Red Earth Resources Limited
Red Seal Capital Limited
Rivermede Limited (The Fund)
RMS Investments Limited
Rosanna Resources Limited
Rugby Estates Investment Trust PLC
Sanderton Limited
Schroder Oriental Income Fund Limited
Scout Aviation ( Bermuda) Limited
Sirius Ash BV
Sirius Cooperatief UA
Sirius Four BV
Sirius Investment Management (GP) Limited
Sirius Mannheim BV
Sirius One BV
Sirius Real Estate Limited
Sirius Three BV
Sirius Two BV
Sirius Willow BV
Solaris Limited
Terracina Properties Limited
Tintoretto Limited
Toro East Africa Limited
Toro Gold Gabon Limited
Toro Gold Limited
Ufford PCC Limited
Unipro International Limited
Vallares Advisers GP Limited
Vallar Holding Company Limited
Vallares Holding Company Limited
Vallares PLC
Webster Finance Corporation Limited
Zenta Investments Limited
Zimvest Limited
Zodiac Business Corp

Ian Domaille

Ian Charles Domaille, aged 48, is appointed as non-executive director. Ian, a member of the Institute of Chartered Accountants in England and Wales and member of Society of Trust and Estate Practitioners was formerly a partner at the chartered accountancy firm, Saffery Champness from which he retired in 2001 following which he, amongst others, founded Artemis Fiduciaries and for some of whose clients he provides directorship services. He is and has been a non executive director of a number of companies listed on various stock exchanges.

Ian is or has been a director or partner of the following companies or partnerships during the previous five years:

Current	Previous
Kirkland Limited	Artemis Chartered Accountants
Adelphi Management Limited	S.A.T.I. Limited
Afghan Gold Holdings Limited	Atticus Alpha Fund, Ltd
Anaconda Partners Limited	Atticus Alpha, Ltd
Aquamarine Yachting Limited	Pangloss LDC
Artemis Corporate Services Limited	Ivanor Limited
Artemis Holdings Limited	Kelda Limited
Artemis Nominees Limited	Barakett International Fund Ltd
Artemis Secretaries Limited	Atticus Opportunity Fund Ltd
Artemis Societe Avec Responsabilite Limitee	Atticus Opportunity Ltd
Artemis Trustee Limited	JNR Eastern Investments Limited
Attara, Ltd	SCI Chateau de Madrid
Attara Fund, Ltd	Chamarel Limited
Bibby Ship Management (Guernsey) Limited	Millennium Radar Fund
Bibby Ship Management Services  Limited	Palm Harbor Holdings Limited
Calpurnia Investments Limited	Elderbay Limited
Cananga Ventures Limited	Pancho Limited
CENTAR Limited	Millennium Global Currency Fund
Classic Flowers Limited	GRP Investments Limited
Cosmos Marine Investments Limited	Narcissus Investments Limited
Financial and International Investment Group Limited	Paxford Investments Limited
FRM Credit Strategies Fund PCC Limited	Snell Investments Limited
FRM Credit Strategies Master Fund PCC Limited	Kiribati Investments Limited re Trigranit
FRM Emerging Markets Fund SPC	Arbres Limited
FRM Emerging Markets Master Fund SPC	Astibe Limited
FRM Phoenix Fund Limited (formerly FRM Financials Fund)	Finesse Management Limited
FRM Strategic Fund PCC Limited	Lythgoe Limited
FRM Strategic Master Fund Limited	Marin Limited
Goldworthy Investments Limited	Revivo Limited
Gosser Investments Limited
Gundelia Trading Limited	Tatton Limited
Hamptonwood Limited	Turcos Limited
Holland Holdings Limited	Wington Investments Limited
JABCAP EMEA Fund Limited	Finesse Management Limited
JABCAP EMEA Master Fund Limited	G Broadband Limited
JABCAP Event Driven Master Fund Limited	Tropical Properties Limited
JABCAP Event Driven Fund Limited	Villa 32 Limited
JABCAP Global Balanced Fund Limited	Pilden Holdings Inc.
JABCAP Global Balanced Master Fund Limited	Fiji Investments Limited
JABCAP Global Convertible Fund Limited	Marianas Investments Limited
JABCAP Global Convertible Master Fund Limited	Thunderbird Management Limited
Mangousta Fund Limited	Tremblant Growth Strategies Limited
Mangousta Master Fund Limited	Tremblant Super Concentrated Fund Limited
JABCAP Multi Strategy Fund Limited	Tremblant Trident Partners Limited
JABCAP Multi Strategy Master Fund Limited	Sirius Investment Management (GP) Limited
Jabre Capital Partners (GP) Limited	Clan Investments Limited
JNR Limited	Telegenis Limited
Kayan Resources Limited	Life Science Capital Fund
Kulczyk Oil & Gas Limited	HSBC European Absolute Limited
Les Prevosts Limited	Yrrah Investments Limited
Lopcombe Consultants Limited	East Road Investments Limited
Management Construction & Technical Services Limited	Praesul Limited (formerly Globalguard Limited)
Millennium Asset Management Limited	Navite Holdings Limited
Millennium Global (Japan) Limited	Atlantique Holdings Limited
Millennium Global Emerging Credit GP Limited	Life Science Capital Limited
Millennium Global Holdings Limited	Barents Global Fund, Ltd (formerly NR Global Fund)
Millennium Multi-Strategy Fund	Calm Waters Maritime Limited
Millennium Global ("Suisse") S.A.	NR Management Limited
NEWPLANNING LIMITED	Dragonas Investments, Ltd
North Eastern Resources (Holdings) Limited	JNR Ventures Limited
North Eastern Resources limited	Evans Randall International Limited
Onyx Properties Limited	Sweetpea Events Limited
Oxford Finance International Limited	Sweetpea Promotions Limited
Park Capital Limited	Atticus Allocation Fund Limited
Postillion Investments Limited	Atticus Emerging Markets Fund, Limited
Quadrato Consultants Limited	Atticus Emerging Markets, Ltd
SEE BMG 1 Limited	Atticus European Fund Limited
SEE BMG 2 Limited	Atticus European Ltd
SEE BMG Hellas Employees Limited	Atticus Global Advisors Limited
SEE BMG Hellas Limited	Atticus Global, Ltd
SEE Broadband Media Group Limited	Atticus Select - Specialty Finance Fund Limited
Solaris Limited	Atticus Select - Specialty Finance Limited
Sorin Master Fund II, Ltd	Atticus Trading (Cayman), Ltd
Sorin Master Fund Limited	Atticus Trading, Ltd
Sorin Offshore Fund II, Ltd	Atticus Management Limited
Sorin Offshore Fund, Ltd	Sovereign Global (UK) Limited
Sorin Plan Offshore Fun Ltd	Chadstone Management Limited
Strata Holdings Limited	HSBC Global Absolute Limited
Strata Limited	Griffin Finance Limited
Swallowfalls Limited	JNR Energy Resources Limited
Tahiti Investments PCC Limited	Eveam Services Limited
Tintarel Investments Limited	NR Securities Limited
TRB Securities, Ltd	Evans Randall International Limited
Tremblant Concentrated BPI Fund Ltd.	NR Ventures Ltd
Tremblant Concentrated Fund Limited	Voltaire Distribution Limited
Tremblant ELS Fund, Ltd	Roseville Trading Limited
Tremblant Partners Limited	Calpurnia Partners Limited
Tremblant Select Limited	Millenium Spire Asset Management Pte Ltd
Vallares PLC
Vallares Holding Company Limited

The Company confirms that there is no further information which is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies for any of the afore described new directors.

The Company also announces the resignation of Roland Philippe de Hauke Peeters with immediate effect.

Terms used in this announcement and not otherwise defined shall have the same meanings as defined in the Company's announcement dated 4 July 2011.

- Ends -

Enquiries:

AISI Realty Public Ltd
Paul Ensor, Chairman	[phone]
Beso Sikharulidze	[phone]
Lambros Anagnostopoulos	[e-mail]
Seymour Pierce Limited
Nandita Sahgal / David Foreman (Corporate Finance)	[phone]
Leti McManus (Corporate Broking)

 

END

 

 

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