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Vertu Capital Ltd (VCBC)

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Tuesday 08 May, 2018

Vertu Capital Ltd

Change of Director

RNS Number : 1437N
Vertu Capital Limited
08 May 2018
 

 8 May 2018

Vertu Capital Limited

("Vertu" or the "Company")

(LSE:VCBC)

 

Change of Director

 

Vertu Capital Limited announces that the Rt Hon Mark Simmonds has joined the board as Non-Executive Director with immediate effect.

 

Mark was, until recently, a Foreign & Commonwealth Office Minister with responsibilities for Africa, the Caribbean, UK Overseas Territories, International Energy and Conflict Prevention. He served as a Member of the UK Parliament for 14 years.

He focussed on driving and facilitating inward investment into Africa across a range of key economic sectors including hydrocarbons, financial services, infrastructure, energy and agriculture. He has a huge knowledge of the economic and political composition of African governments, countries and regions.  He also chaired the UN Security Council on two occasions.

He now has a number of international roles including acting as a senior consultant to Kroll and as Chairman of the Global Advisory Board of investment platform 'Invest Africa'. He is a senior advisor to Farallon Capital, Chairman of FinComEco, and an Advisory Board Member of the Commonwealth Enterprise & Investment Council.

Prior to becoming the UK Government Minister for Africa, Mark was heavily involved in the real estate sector having dealt with commercial real estate as a Partner of Strutt & Parker and as a Director of CBRE. He also founded his own real estate business, dealing with direct investment and investment advisory projects.  He has served as an independent director on a UBS Euro Zone Fund.

Mark Simmonds is also currently a director of:

Mortlock Simmonds Limited;

Mortlock Securities Limited; and

Block Commodities Limited.

There are no further details in respect of the Rt Hon Mark Simmonds to be disclosed pursuant to LR 9.6.11, LR 9.6.12 or LR 9.6.13 of the Listing Rules, FCA Handbook

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

 

For more information please visit the Company's website at www.vertucapital.co.uk.

 

* * ENDS * *

 

 

For further information:

 

Vertu Capital Limited

Du Kiat Wai "William" - Chairman

www.vertucapital.co.uk

 

+603 5613 3388 

 

 

Optiva Securities Ltd

Jeremy King -  (Financial Adviser)

 

+44 (0) 20 3137 1904

 

 

 

 


This information is provided by RNS
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