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Hirco plc (HRCO)

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Wednesday 12 October, 2011

Hirco plc

Directorate Change

RNS Number : 0691Q
Hirco plc
12 October 2011

Hirco plc


Eitan Milgram appointed as a Non Executive Director


The Board of Hirco plc (AIM: HRCO), the AIM-quoted real estate investment company, announces that it has appointed Eitan Milgram as a Non Executive Director, with immediate effect.


Eitan, aged 32, is a Portfolio Manager and Executive Vice President at Weiss Asset Management, where he has worked for the last 11 years.  He graduated summa cum laude from Boston University where he won the Prize for Excellence in Economics.  Eitan has served on the board of directors of 14 publicly listed companies, advising a number of businesses on corporate restructurings.


Save as set out above and in the further information below, there is no information specified by paragraph (g) in Schedule Two to the AIM Rules that is required to be disclosed.





Nigel McGowan

+44 1624 647069

[email protected]

Gutenberg Communications

US - Hugh Burnham / Michael Gallo

+1 212 239 8595 / +1 212 239 8594

[email protected] [email protected]


Singer Capital Markets Limited

James Maxwell (Corporate Finance)

James Waterlow (Sales)

020 3205 7500


Further information:


Funds managed by Weiss Asset Management LP, Eitan's employer, hold 22.15% of the issued share capital of the Company.


Eitan Milgram has in the last five years, and continues to be, a Director of the following companies:


Clean Energy Brazil PLC

Indochina Capital Vietnam Holdings Limited

Marwyn Value Investors Ltd

The Ottoman Fund Limited

Sirius Real Estate Limited

Treveria PLC


Eitan Milgram has in the last five years, and continues to have, an interest in the following Partnerships:


Brookdale International Partners, LP

A family foundation invested in Brookdale Global Opportunity Fund

Weiss Asset Management LP



Eitan has ceased to be a Director of the following companies in the past five years:


Acorn Income Fund Limited

C.A. Bancorp Inc.

Premier Asian Asset Trust Limited

Premier UK Dual Return Trust



- ENDS -


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