Secure Property Dev & Inv PLC Board Appointments (9339J)
April 05 2018 - 3:45AM
UK Regulatory
TIDMSPDI
RNS Number : 9339J
Secure Property Dev & Inv PLC
05 April 2018
Secure Property Development & Investment PLC/ Index: AIM /
Epic: SPDI / Sector: Real Estate
05 April 2018
Secure Property Development & Investment PLC ('SPDI' or 'the
Company')
Board Appointments
Secure Property Development & Investment PLC, the AIM-quoted
South Eastern European focused property and investment company, is
pleased to announce the appointments of Mr Michael Beys and Mr
Colin Chapin to the Board as a Non-Executive Directors.
Michael Beys is the Founder and Managing Partner of Beys, Stein
& Mobargha LLP, a New York law firm covering a full range of
corporate and real estate transactions. From 2000 to 2005, he
served as a federal prosecutor in the U.S. Attorney's Office for
the Eastern District of New York where he was the lead counsel in
over 100 federal prosecutions and investigations. In 2005, he
co-founded Aristone Capital Partners, a real estate investment firm
which has provided over US$35 million in mezzanine financing to New
York area real estate developers. In 1999, he founded Cobblestone
Ventures, Inc., a real-estate development business which has since
invested in, or actively managed, over 200,000 square feet of
conversion and new construction projects in downtown Manhattan.
Since 2006, Colin Chapin has advised on and acted as the
shareholder representative in numerous private equity investments
principally focused on real estate in central and eastern Europe.
Prior to that Colin acted as the CFO and Secretary for a TSX listed
public real estate holding company called Trizec Canada Inc., which
entity was created (along with Trizec Properties, the second
largest US publicly traded office REIT) from the reorganization of
TrizecHahn Corp where he was Senior Vice President of Taxation.
Before joining Trizec in 1997, Colin was a Tax Partner at PwC
(formerly Coopers & Lybrand) where he specialized in
international, M&A and insolvency related tax matters.
Lambros Anagnostopoulos, Chief Executive Officer of SPDI, said:
"I am delighted to welcome two such high calibre individuals to our
Board. These appointments will be instrumental in SPDI's future as
we look to grow our income producing portfolio of prime commercial
and industrial real estate in high-yielding emerging European
countries such as Romania and Greece.
On the behalf of the Board I would also like to take this
opportunity to express our sincere condolences following the
passing away of Peter Munk who has been a longstanding significant
shareholder of SPDI through his beneficial ownership of PM Capital.
Our thoughts are with his family at this time."
Additional information on Mr Michael Beys and Mr Colin
Chapin
The following additional information is provided in accordance
with paragraph (g) of Schedule Two to the AIM Rules for
Companies:
Michael Petros Beys (aged 46)
Current Directorships/Partnerships Past Directorships/Partnerships
(last 5 years)
----------------------------------- --------------------------------
Narrowpeak Consultants None
Ltd.
----------------------------------- --------------------------------
P.M. Tsifitis Maritime
Ltd.
----------------------------------- --------------------------------
Beys Liston & Mobargha
LLP
----------------------------------- --------------------------------
Mr Beys is directly interested in approximately 0.20% of the
Company's issued share capital. In addition, Mr Beys is a director,
but not a shareholder, of P.M. Tsifitis Maritime Ltd. and
Narrowpeak Consultants Ltd. which are interested in approximately
2.0% and 9.7% of the Company's issued share capital,
respectively.
Colin Jay Chapin (aged 59)
Current Directorships/Partnerships Past Directorships/Partnerships
(last 5 years)
----------------------------------- --------------------------------
Corporation of Massey Limedale Ventures Ltd
Hall & Roy Thomson Hall
----------------------------------- --------------------------------
Montport Capital Ltd Toronto French School
----------------------------------- --------------------------------
Adriatic Marinas d.o.o.
----------------------------------- --------------------------------
Mr Chapin holds no current interest over the Company's ordinary
shares.
There is no other information that is required to be disclosed
pursuant to paragraph (g) of Schedule Two to the AIM Rules for
Companies.
* * ENDS * *
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014
For further information please visit www.secure-property.eu or
contact:
Lambros Anagnostopoulos SPDI Tel: +357 22 030783
Rory Murphy Strand Hanson Tel: +44 (0) 20 7409
Ritchie Balmer Limited 3494
Jack Botros
Lottie Wadham St Brides Partners Tel: +44 (0) 20 7236
Frank Buhagiar Ltd 1177
Notes to Editors
Secure Property Development and Investment plc is an AIM listed
property development and investment company focused on the South
East European markets. The Company's strategy is focused on
generating healthy investment returns principally derived from: the
operation of income generating commercial properties and capital
appreciation through investment in high yield real estate assets.
The Company is focused primarily on commercial and industrial
property in populous locations with blue chip tenants on long term
rental contracts. The Company's senior management consists of a
team of executives that possess extensive experience in managing
real estate companies both in the private and the publicly listed
sector, in various European countries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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