Get in quick/cheap while you can:-)29 Jan 2008 10:13
Date: Monday 28 Jan 2008
LONDON (ShareCast) - Highland Gold, the AIM-listed Russian gold producer, has announced the appointment of three representatives of billionaire Roman Abramovich’s investment vehicle Millhouse to its board. The representatives, Eugene Shvider, Eugene Tenenbaum and Olga Pokrovskaya, will replace Henry Horne and Scott Perry, who have stood down with immediate effect. Horne remains in an executive role with the company, while Scott Perry is leaving. Under the terms of an agreement, which saw Millhouse take a 40% stake in Highland in December, it has the right to nominate directors to the board in proportion to its shareholding.
One of the appointees, Eugene Shvidler, was ranked 365 among Forbes list of the world’s richest people in 2006.