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Pin to quick picksPhoenix Spree D Regulatory News (PSDL)

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Phoenix Spree Deutschland is an Investment Trust

To provide Shareholders with both stable income returns, as well as capital growth through investment in German real estate, with a focus on residential properties in Berlin and secondary German cities.

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Directorate Change

11 Jan 2023 07:00

RNS Number : 2975M
Phoenix Spree Deutschland Limited
11 January 2023
 

Phoenix Spree Deutschland Limited

("PSD" or the "Company")

 

Board Appointment

 

11 January 2023

 

The Board of Directors of Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment company specialising in Berlin residential real estate, is pleased to announce the appointment of Mr. Steven Wilderspin as a non-executive Director of the Company with effect from 10 January 2023.

 

Steven Wilderspin, a Jersey resident, is a fellow of the Institute of Chartered Accountants of England and Wales. He has acted as an independent director of a number of public and private investment funds and commercial companies since 2007.

He is currently a non-executive director and chair of the risk committee of Blackstone Loan Financing Limited, a non-executive director and chair of the audit and risk committee of HarbourVest Global Private Equity Limited and a non-executive director and chair of the audit and risk committee of GCP Infrastructure Investments Limited, all listed on the LSE.

Prior to 2007, Steven was a director at Maples Finance Jersey, with responsibility for their fund administration and fiduciary business. Steven began his career at PwC in London in 1990.

 

Robert Hingley, Chairman, commented:

"We are delighted to welcome Steve to the Board. He brings a wealth of experience and we are confident he will make a significant contribution to our business".

 

 

There is no information concerning Steven Wilderspin which is required to be disclosed pursuant to Listing Rules 9.6.13 R (1) to (6) inclusive and the Board considers him to be independent on appointment per the AIC Code of Corporate Governance.

 

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

Oliver Norgate

+44 (0)20 7353 4200

 

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