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Phaunos Tmbr Fnd Ltd (PTF)

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Wednesday 13 September, 2017

Phaunos Tmbr Fnd Ltd

Directorate Change

RNS Number : 6892Q
Phaunos Timber Fund Limited
13 September 2017
 

Phaunos Timber Fund Limited

 

13 September 2017

 

Directorate Change

 

 

The Board of Phaunos Timber Fund Limited ("PTFL" or the "Company") announces that Jon Bridel has been appointed as a Non-Executive Director of the Company with immediate effect.

 

Mr Bridel is a Chartered Accountant with several years listing experience in public quoted companies.

 

Enquiries:

 

Phaunos Timber Fund Limited

Richard Boléat

 

Stafford Capital Partners Limited (Manager)

Michael Goodfellow, +44 (0)20 7535 4915

 

Winterflood Investment Trusts (Corporate Broker)

Joe Winkley, +44 (0)20 3100 0301

 

Media Enquiries:

Phoenix Financial PR

Gordon Puckey: +44 (0) 7799 767468

 

[email protected]  

 

Notes to Editors

 

Established in 2006, PTFL invests in a concentrated, but diversified portfolio of timberland and timber-related investments.

 

PTFL is a Guernsey-domiciled authorised closed-ended investment scheme, authorised by the Guernsey Financial Services Commission under section 8 of The Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) and the Authorised Closed-ended Investment Schemes Rules 2008 made thereunder. The Company's ordinary shares are traded on the Main Market of the London Stock Exchange.  www.phaunostimber.com

 

It was announced on 19 June 2017 that the Company's continuation resolution had not been passed. The Board has stated that it will put forward proposals to commence the process for an orderly realisation of the assets of the Company.

 

The Company's ticker is PTF.   www.phaunostimber.com 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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