11 Jun 2012 07:00
AIM: SGM
SIGMA CAPITAL GROUP PLC
("Sigma" or "the Group")
Board Appointment
Sigma, the finance, property and urban regeneration group, is delighted to announce the appointment of Graeme Hogg to the Board as Partnership Director with immediate effect. Graeme is currently a Director of Sigma Inpartnership Ltd, the Group's urban regeneration business which Graeme co-founded and which was acquired by Sigma in August 2011.
Graeme is responsible for managing two of the Group's three local authority partnerships, in Liverpool and Salford, having originally helped to establish and structure all three partnerships. He oversees all planning and development activity and has played a key role in the recent progress with both partnerships, including the creation of a new joint venture company to accelerate the delivery of regeneration projects in Liverpool and the agreement of a new contract for the delivery of the next phase of residential development in Salford.
Graeme has over 20 years' experience in the property sector, encompassing project management, development and corporate finance roles. Prior to co-founding Inpartnership Ltd, he held senior roles at Gotham Investment Group, a property investment fund backed by Nomura Asset Capital, and with the associate office of Healey & Baker (now part of Cushman & Wakefield) in Moscow. Previously, he also worked for URS Corporation, the global engineering, design and construction company, on major residential and commercial development projects with groups such as Eagle Star Investment Managers, Bellway Group and Countryside Properties. Graeme holds a post-graduate diploma in Property Investment from the Royal Institution of Chartered Surveyors.
Graham Barnet, Chief Executive of Sigma, commented,
"I am delighted to welcome Graeme to the Board as Partnership Director. Graeme has been instrumental in the establishment and successful development of the three local authority partnerships we hold and his appointment to the Board recognises his significant contribution. I am confident that his expertise and skills will continue to assist the Group in delivering the potential within Sigma Inpartnership and within the Group as a whole."
Enquiries
www.sigmacapital.co.uk
Sigma Capital Group plc | Graham Barnet, Chief Executive Marilyn Cole, Finance Director | T: 0131 220 9444 |
Biddicks | Katie Tzouliadis | T: 020 3178 6378 |
Sophie McNulty | ||
Singer Capital Markets | James Maxwell | T: 020 3205 7500 |
Limited | Nick Donovan |
Disclosures required pursuant to Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies
Mr Graeme Ronald Rae Hogg (aged 47) currently holds 71,429 ordinary shares in Sigma and 250,000 options over ordinary shares in Sigma exercisable between 29 July 2014 and 28 July 2021 at an exercise price of 7.5p per share.
He is, or has been, a director of the following companies and organisations during the past five years:
Current directorships:
Sigma Inpartnership Limited
Salford Inpartnership Limited
Higher Broughton (GP) Limited
Higher Broughton Partnership Nominee Limited
Blackburn Inpartnership Limited
Solihull Inpartnership Limited
Burrell Inpartnership Limited
Liverpool Inpartnership Limited
Liverpool Inpartnership 2007 Limited
City Spirit Regeneration (Salford) Limited
City Spirit Regeneration Limited
Broughton Green Management Company Limited
Inpartnership Health Limited
Neptune Inpartnership Limited
Previous directorships within the last five years:
North Solihill (GP) Limited
Thistle Property Investments Limited
IP Residential Limited
There is no further information to be disclosed under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.