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Directorate Change

6 Sep 2017 10:07

Arricano Real Estate Plc (ARO) Directorate Change 06-Sep-2017 / 10:05 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


 

 

6 September 2017

Arricano Real Estate plc

("Arricano" or the "Company")

Directorate Change

Arricano (AIM: ARO) announces that Rupert Cottrell, Independent Non-executive Chairman will be stepping down from the Board of Arricano to pursue other business interests with effect from 30 September 2017.

 

Philip Scales, Independent Non-executive Director, will assume the position of Interim Independent Non-executive Chairman with effect from 30 September 2017.  The Board will shortly commence a search for a successor to Mr Cottrell and will make a further announcement regarding this appointment in due course.

 

Commenting on the Board change, Mikhail Merkulov, Chief Executive of the Company, said:

 

"The Board would like to thank Rupert for his valuable contribution since the Company's admission to AIM in September 2013.  We are grateful for all that he has done and wish him well with his future endeavours."

 

 

For further information please contact:

 

CEO:

Arricano Real Estate plc

Mykhailo Merkulov

 

 

Tel: +380 44 569 6708

Financial PR:

Novella Communications Limited

Tim Robertson/Toby Andrews

 

 

Tel: +44 (0)20 3151 7008

Nominated Adviser and Joint Broker:

Smith & Williamson Corporate Finance Limited

Azhic Basirov

 

 

Tel: +44 (0)20 7131 4000

Joint Broker:

Whitman Howard Limited

Ranald McGregor-Smith

 

 

Tel: +44 (0)20 7087 4555

 


Language:English
ISIN:CY0102941610
Category Code:BOA
TIDM:ARO
LEI Code:213800F8AMPULEKXFX22
Sequence No.:4599
 
End of AnnouncementEQS News Service

607221 06-Sep-2017 

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.

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