30 April 2024
Anglo-Eastern Plantations
Plc
("AEP",
"Group" or "Company")
Directorate
Change
Anglo-Eastern Plantations Plc which
owns, operates and develops plantations in Indonesia and Malaysia,
is pleased to announce the appointment of Mr. Michael Henry Stainer
to the Board, as an Independent Non-Executive Director, with effect
from 1 May 2024.
Mr. Stainer, aged 63, is a British
citizen and a qualified accountant and a qualified corporate
treasurer. He has some 30 years of experience working in private
and listed companies holding a range of finance positions across
companies in the property, mining, technology, food and public
utilities industries. From 1992 to 2002, he was the Group Treasurer
and a director of the non-regulated subsidiaries of Bristol Water
Holdings Plc.
Going forward, Mr. Stainer will be a
member of the Group's Audit Committee, the Remuneration Committee
and the Nomination and Corporate Governance Committee.
Save for the matter detailed in the
appendix, there are no matters requiring disclosure under LR
9.6.13R.
The Board would like to take this
opportunity to welcome Mr. Stainer to the Board.
For further enquiry,
contact:-
Anglo-Eastern Plantations
Plc
Dato' John Lim Ewe
Chuan
+44 (0) 20 7216 4621
Panmure Gordon (UK) Limited
Dominic Morley / Amrit
Mahbubani
+44 (0) 20 7886 2500
Appendix
Michael Stainer was a director of Dtex Limited
("Dtex"). Dtex was initially dissolved on 10 August 2010. On 27
October 2010, creditors of Dtex requested the company be restored
to the Register of Companies and subsequently wound up under the
provisions of the Insolvency Act 1986 by an Official
Receiver.
