7 Feb 2013 07:00

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AIM: SGM
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SIGMA CAPITAL GROUP PLC
("Sigma" or "the Group")
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Board AppointmentsÂ
Sigma, the property and urban regeneration specialist, is pleased to announce two changes to its Board, including a new appointment and the creation of the role of Chief Operating Officer. These changes take immediate effect.
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Graeme Hogg, currently Partnership Director, has been appointed to the position of Chief Operating Officer, a newly created role in which he will support the Chief Executive in the delivery of the Group's day-to-day objectives. Graeme joined Sigma in 2011 with the Group's acquisition of Inpartnership Limited (now "Sigma Inpartnership"), which he also co-founded and which has unique long term local authority partnerships that deliver large scale urban-regeneration projects.
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Sigma is also delighted to appoint Duncan Sutherland to the Board as Regeneration Director. Duncan Sutherland, aged 61, who is Chairman and co-founder of Sigma Inpartnership, has substantial experience in major regeneration and infrastructure projects in the private and public sectors. He was appointed recently as a Non-executive Director of High Speed Two (HS2) Ltd which is delivering the new high speed railway network between London and the North of England.
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Graham Barnet, Chief Executive of Sigma, commented,
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"I would like to congratulate Graeme Hogg on his new role as Chief Operating Officer, which is a newly created Board position. It reflects the progress we have been making in opening up the growth opportunities available to us and the potential ahead.
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I am also delighted to welcome Duncan Sutherland to the Board. He brings a wealth of experience and knowledge of regeneration in conjunction with both the public and private sectors."
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Disclosures required pursuant to Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies
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Mr Duncan William Sutherland currently holds options over 250,000 ordinary shares in Sigma exercisable between 29 July 2014 and 28 July 2021Â at an exercise price of 7.5p per share.
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He is, or has been, a director of the following companies and organisations during the past five years:
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Current directorships:
North Solihull (GP) Limited
North Solihull Partnership Nominee Limited
Burrell Inpartnership Limited
Peronne Limited
High Speed Two (HS2) Limited
First Choice Homes Oldham Housing Association
Scottish Canals
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Previous directorships within the last five years:
IP Residential Limited
British Waterways Corporation
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There is no further information to be disclosed under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.
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Enquiries
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Sigma Capital Group plc | Graham Barnet, Chief Executive Marilyn Cole, Finance Director | T: 0131 220 9444 |
Biddicks | Katie Tzouliadis/ Alex Shilov | T: 020 3178 6378 |
N+ 1 Singer | James Maxwell/Nick Donovan | T: 0207 496 3000 |
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Company website: www.sigmacapital.co.uk
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