10 Dec 2009 07:30
Trikona Trinity Capital PLC (the "Company")
Directorate Change
Trikona Trinity Capital PLC (AIM:TRC) is pleased to announce the appointment of Arvind Pahwa (aged 59) as Non-Executive Director of the Company with immediate effect.
Mr. Pahwa brings extensive Indian real estate experience to the Board, having been involved in the industry for over 25 years. His most recent role was as head of Indian Real Estate for JP Morgan Asset Management. In previous years, he has served several leading firms such as Indiareit Consultancy Services and Reliance Land Limited in senior positions. Prior to this he was CEO for Lokhandwala Group, the leading real estate developer in Mumbai. Mr. Pahwa earned his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies in Mumbai and his B.Sc. in Physics from Delhi University.
In accordance with Paragraph (g) of Schedule 2 of the AIM Rules, further information in relation to Mr. Pahwa's appointment is set below.
Commenting on the appointment, Martin Adams, Chairman of the Company, said: "The Company is delighted to welcome Mr. Pahwa to the Board. There is no doubt that a person of Mr. Pahwa's calibre, professionalism and experience in Indian real estate will contribute significantly to maximising the value of our investments as we implement the Company's investment policy".
10 December 2009
Enquiries:
Hogarth Partnership
Tim McCall/ Julian Walker/ James White +44 207 357 9477
IOMA Fund and Investment Management Limited
Philip Scales, Director +44 1624 681250
Evolution Securities, Nominated Adviser and Joint Broker
Bobbie Hilliam / Chris Clarke, Corporate Finance +44 207 071 4300
Arden Partners plc, Joint Broker
Chris Hardie, Corporate Finance +44 207 398 1600
Mr. Pahwa has been a director of the following companies in the past 5 years:
| Escapade Real Estate Private Limited |
| B. Raheja Builders Private Limited |
| Mature Trading and Investments Private Limited |
| Apollo Fibres Limited |
| Campion Properties Limited |
| New Falcon Castle Housing Private Limited |
| Legend Housing Private Limited |
| Gaurav Overseas Private Limited |
| Bhaveshwar Estates Private Limited |
| Reliance Energy Global Private Limited |
| Reliance Energy Transmission Limited |
No further information in relation to Mr. Pahwa's appointment is required to be disclosed under Paragraph (g) of Schedule 2 of the AIM Rules