Last checked at 26 Nov 2015 07:00
MOUNTVIEW ESTATES P.L.C.
BOARD CHANGES
Mountview Estates P.L.C.
("Mountview" or "the Company")
Board Changes
Mountview Estates P.L.C., the property trading company, is pleased to announce the following Board appointment and directorate changes.
On 1 December 2015, the Company will appoint Dr Andrew Raymond Williams MBBS FRCA DCH to the Board as a Non-executive Director. He is currently the beneficial owner of 52,916 shares in Mountview under the terms of the Frank & Daphne Sinclair Settlement Trust (the "Trust"); this represents 1.36 per cent. of the Company's issued share capital. The Trust is a member of the Concert Party.
There are no disclosures in relation to Dr Andrew Williams of LR 9.6.13 (1) to (6) of the FCA's Listing Rules.
The Company further announces that, on 31 December 2015, Alistair Sinclair will be retiring from his current role as a Non-executive Director of the Company. Following his departure, Mhairi Jarvis will Chair the Audit Committee and Tony Solway will replace Alistair Sinclair as Chair of the Remuneration Committee. Dr Andrew Williams will serve on both Committees.
Commenting on the changes, Duncan Sinclair, Chief Executive of Mountview, said:
"I am delighted to welcome Andrew to Mountview. He is a highly respected professional and brings with him a skill set that will complement the Board. I would also like to thank Alistair for his five years of distinguished service."
Ends
For further information on the Company, visit: www.mountviewplc.co.uk
SPARK Advisory Partners Limited (Financial Advisor) www.sparkadvisorypartners.com
Miriam Greenwood 0203 368 3553
Mark Brady 0203 368 3551