2 Sep 2020 07:00
Phoenix Spree Deutschland Limited
("PSD" or the "Company")
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Board Appointment
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2 September 2020
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The Board of Directors of Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment company specialising in German residential real estate, is pleased to announce the appointment of Greg Branch as a non-executive Director of the Company with effect from 1 September 2020.
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Greg is a Jersey resident independent non-executive director with over 30 years' experience working in the financial services and real estate sectors. He has considerable experience working with complex business structures and has a broad understanding of risk management and the valuation of unlisted assets.
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Greg received a Bachelor of science in monetary economics, is ACA qualified and was previously senior partner at Deloitte LLP in Jersey. He holds a number of non-executive roles, including with Royal Bank of Scotland International Limited and Saltgate Limited.
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Robert Hingley, Chairman, commented:
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"Greg brings a large wealth of experience to the Company and we are delighted to welcome him to the Board."
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There is no information concerning Greg Branch which is required to be disclosed pursuant to Listing Rules 9.6.13 R (1) to (6) inclusive and the Board consider him to be independent on appointment per the AIC Code of Corporate Governance.
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Legal Entity identified: 213800OR6IIJPG98AG39
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For further information please contact:
Phoenix Spree Deutschland Limited Stuart Young   | +44 (0) 20 3937 8760 |
Numis Securities Limited (Corporate Broker) David Benda | +44 (0)20 3100 2222 |
Tulchan Communications (Financial PR) Elizabeth Snow Amber Ahluwalia  | +44 (0)20 7353 4200 |
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