11 Sep 2019 07:00
11 September 2019
AIM: SGM
SIGMA CAPITAL GROUP PLC
("Sigma" or the "Company")
The private rented sector and urban regeneration specialist
Directorate Change
Sigma, the private rented sector ("PRS"), residential development and urban regeneration specialist, announces that after eight years with the business, Graeme Hogg, Chief Operating Officer, is stepping down from the Board and the Company, with effect from today.
Graeme has been a valuable member of the team at Sigma and leaves with the Board's best wishes. He joined the Company in 2011 following the acquisition of Inpartnership Limited, a business that he co-founded, and a year later was appointed to Sigma's Board of Directors. The Board has no plans to change the composition of the Board following Graeme's departure, and his role will be absorbed by the existing management team.
Graham Barnet, CEO of Sigma, commented:
"On behalf of the Board, I would like to thank Graeme for his contribution to Sigma, particularly during the years the Company established its Private Rented Sector model and launched its property delivery platform. We wish him well for the future."
Enquiries:
Sigma Capital Group plc | Graham Barnet, Chief Executive | T: 020 3178 6378 (today) |
Malcolm Briselden, Finance Director
| T: 0333 999 9926 | |
KTZ Communications | Katie Tzouliadis, Dan Mahoney | T: 020 3178 6378 |
N+1 Singer(NOMAD and Broker) | James Maxwell, James Moat, Ben Farrow | T: 020 7496 3000 |
NOTES TO EDITORS
About Sigma Capital Group plc
(www.sigmacapital.co.uk)
Sigma Capital Group plc is a private rented sector, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Sigma's principal focus is on the delivery of large scale housing schemes for the private rented sector. It has a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors. Its subsidiary, Sigma PRS Management Limited, is Investment Adviser to The PRS REIT plc, which launched in May 2017 to invest in new-build family rental homes in the UK. In April 2019, Sigma launched the Sigma Scottish PRS Fund, the first dedicated vehicle to focus on the creation of new rental homes for families in the private rented sector in Scotland.
SGM.L (SGM)