Last checked at 15 Apr 2013 12:34
Port Erin Biopharma Investments Limited
("Port Erin" or "the Company")
Changes to the Group's Board
The Board of Port Erin, the AIM listed company focused on investing in the biotechnology and biopharmaceutical sectors, announces that Nicholas Woolard has informed the Board of his decision to stand down as a Non-Executive Director of the Company with immediate effect in order to allow him to focus on other business interests. Nicholas joined the Board in May 2011 prior to the Company's listing in September 2011, and has served on its Audit and Remuneration committees since that date.
The Board further announces the appointment of Alexander Anderson Stuart Whamond as a Non-Executive Director of the Company with immediate effect. Anderson, aged 52, has over 25 years' experience in the banking and financial sector. He began his career in 1983 at White Weld Securities (part of the CSFB group) before joining Salomon Brothers International in London in 1986 and then Morgan Stanley International in 1989 where he was a principal in charge of convertible bond trading. He joined Peregrine Securities International (UK) Limited in 1993, relocating to Hong Kong in 1996 to run the equity trading businesses of Peregrine Investment Holdings Limited and becoming a director of the executive committee of the Peregrine group in 1997. In 1998, Anderson joined the Regent Pacific Group, a Hong Kong listed international emerging markets investments group, as head of corporate investments and relocated to the Isle of Man. He joined the Charlemagne Group in 2002 and was a director of AIM quoted Charlemagne Capital Limited until March 2009. He remains a non-executive director of Charlemagne Capital (IOM) Limited and is also a director of a number of listed and non-listed investment companies.
Anderson Whamond will chair both the Audit and Remuneration committees.
Jim Mellon, Chairman, commented: "Nick has made a very significant contribution to Port Erin. I would like to thank Nick on behalf of the Board for his advice and support and to wish him well for the future. I also have great pleasure in welcoming Anderson to the board, bringing as he does a wealth of experience in the investment arena."
Anderson Whamond's Directorships:-
Current Directorships
Atherton Electrontics Group Limited | |
Charlemagne Bric Plus Real Estate Company Ltd | Charlemagne Bric Property Plus Company Plc |
Charlemagne Capital (IOM) Limited | Charlemagne Capital (Services) Limited |
Charlemagne New Frontiers Fund | Cherrywood Consulting Limited |
European Convergence Development Company Ltd | European Convergence Property Company plc |
Holmeglen Limited | Interman Limited |
Magna Umbrella Fund Plc | MHA Lighting Limited |
OCCO Eastern European Fund | Rothesay Limited |
Previous Directorships
Appleyard Investments Limited | Asian Debt Fund |
Asian Fortune Enterprises Limited | Asian Opportunities Fund 1998 - I |
Bald Eagle Asian Equities (non US Feeder) Fund | Bald Eagle Asian Equities Fund |
Balkan Holdings (Cyprus) Limited | Burnbrae Limited |
Charlemagne Capital (Barbados) Limited | Charlemagne Capital (Advisory) Limited |
Charlemagne Capital (Investments) Limited | Charlemagne Capital (Caymen) Limited |
Charlemagne Capital (Property) Limited | Charlemagne Capital (Investments) Limited |
Charlemagne Capital Russia Fund | Charlemagne Capital Limited |
Charlemagne CIS Fund Limited | Charlemagne CIS Fund (Labuan) Limited |
Charlemagne Finance (Cyprus) Limited | Charlemagne Emerging Markets Fund Plc |
Daeyu Regent Securities Limited | Clefex.com (IOM) Limited |
EEPF (Cyprus) Limited | Diamond River International Limited |
Gold Victory Holdings Limited | EIH Plc |
Homeport (Cayman) Limited | Hermes Softlab d.d. |
Interman Services Limited | Interman Europe plc |
International Fund Arbitrage | Interman UK Limited |
Ironwood Enterprises LLC | Ireton Enterprises Limited |
JEM Limited | Ironwood Partnership Limited |
Navrona Investments Limited | Lattice Limited |
Naya Bharat Property Company Plc | Naya Bharat Property Company (Mauritius) Ltd |
Novy Neft Limited | Novy Neft II Limited |
Oasis Group Limited | Nowe Finanse Limited |
OCCO Global Emerging Markets Fund | OCCO Asia Fund |
OCCO Latin America Fund Plc | OCCO Latin America Fund |
Peregrine Securities (UK) Limited | Peregrine Brokerage Limited |
Port Antonio Limited | Port Antonio Developments (St. Lucia) Limited |
Quayle Munro Infrastructure Company Plc | Portland Investment Company Limited |
Regent European Securities (Cayman) Limited | Regent Fund Management Limited |
Regent Pacific Corporate Advisory Limited | Regent Magna Europa (Cyprus) Limited |
Regent Pacific Fund | Regent Pacific Energy Limited |
Regent Pacific Private Equity Limited | Regent Pacific Group Limited |
RPG(L) Limited | Regent Russian Bond Fund |
Sleepwell Hotels (UK) Limited | Sidebottom Holdings Limited |
South Asia Fund | Sleepwell Hotels Limited |
Spanish Off-Plan Properties Plc | Southwise Trading Limited |
SWB Investments Limited | SWA Holdings Limited |
TBF(Cyprus) Limited | SWR Investments Limited |
Turtle Crawl Hill Limited | Techpacific.com Limited |
Ukraine Investment Fund | UAR Investments Limited |
Undervalued Assets Fund - Series V Plc | Undervalued Assets Fund - Series One |
Undervalued Assets Thailand Fund | Undervalued Assets Property Fund - Series Two |
Undervalued Opportunities Company Limited | Undervalued Opportunities (Master) Company Ltd |
WTIC Limited | Walker Telecommunications Limited |
Ends
For further information:
For further information, please contact:
Port Erin Biopharma Investments Ltd | Libertas Capital Corporate Finance Limited | Peterhouse Capital Limited |
The Company | Nomad | Broker |
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Denham Eke +44 162 463 9396 | Sandy Jamieson +44 207 569 9650 | Jon Levinson +44 207 562 3350 |