Last checked at 
29 May 2020 12:43
Phoenix Spree Deutschland Limited
("PSD" or the "Company")
Directorate Change
29 May 2020
Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment company specialising in German residential real estate, confirms that, as announced in the Company's Annual Report and Financial Statements for the year ended 31 December 2019, published on 6 April 2020, Charlotte Valeur, the Company's Senior Independent Director, did not seek re-election to the Board at today's Annual General Meeting and has retired with immediate effect.
Monique O'Keefe, a Non-Executive Director has agreed to assume the role of Senior Independent Director.
The Board has engaged an independent external recruitment company to seek a suitable replacement for Charlotte and is well advanced with this process. Further information will be released in due course.
Robert Hingley, Chairman, commented, "I would like to thank Charlotte for her invaluable support, dedicated service and contribution to the Company since joining the Board in 2018. The Board would like to wish Charlotte continued success in the future"
Legal Entity identified: 213800OR6IIJPG98AG39
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 |