CityFibre Infrastructure Hldgs PLC Directorate Changes (3624R)
September 21 2017 - 1:01AM
UK Regulatory
TIDMCITY
RNS Number : 3624R
CityFibre Infrastructure Hldgs PLC
21 September 2017
For immediate release 21 September 2017
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
Directorate Changes
CityFibre (AIM: CITY), a leading designer, builder, owner, and
operator of fibre optic infrastructure in UK towns and cities,
announces that Leo Van Doorne has stepped down from the Board as
Non-Executive Director of the Company with effect from 20 September
2017.
The Board is pleased to announce the appointment of Spencer Lake
as a Non-Executive Director of the Company with immediate effect.
Mr. Lake will also be appointed as a member of the Company's Audit
Committee.
Mr. Lake has built a 29-year career in investment banking, most
recently as Vice Chairman of HSBC Global Banking & Markets, a
role he held until 2016. During his decade-long tenure with HSBC,
Spencer held several global senior roles in areas such as running
Debt Capital Markets and Acquisition Finance for four years; Global
Markets (including FICC, equities and research) for three years;
and Capital Financing (structured and unstructured lending,
financing and investment banking products) for three years. Prior
to HSBC, Spencer spent 17 years at Merrill Lynch in senior roles
spanning real estate finance, investment banking, and debt capital
markets in New York, Hong Kong and London. Before Merrill Lynch,
Spencer worked for two years at JP Morgan in real estate investment
banking.
Earlier this year, Spencer was appointed as Vice Chairman of
Fenergo, a client lifecycle management software provider for
financial services companies.
Spencer is also a senior advisor to nCino (cloud-based bank
operating system), Callsign (AI-based identity authentication),
Astuta (data management), and the International Capital Market
Association (ICMA).
Greg Mesch, CEO of CityFibre, commented:
"The Directors and I wish to thank Leo Van Doorne for his very
significant contribution to CityFibre's development since its
formation. As one of the founding investors in CityFibre and a
Non-Executive Director through its entire life to date, Leo has
brought a wealth of experience in international finance and
investment across a variety of sectors, which has been invaluable
to our development. We wish him well in his many current and future
business endeavours.
"We would also like to extend a warm welcome to Spencer Lake as
a Non-Executive Director of CityFibre. Spencer brings to the Board
three decades of international experience in finance, investment
banking and capital markets, having held senior management roles at
some of the world's leading financial institutions across diverse
sectors, products and geographies. We look forward to leveraging
his vast experience in the next stages of our growth and capital
structure development."
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies:
Mr. Spencer George Lake (aged 57) has been a director of the
following companies during the five years preceding the date of
this announcement:
Current directorships Previous directorships
Four Winds Capital Limited Canada-United Kingdom
Chamber of Commerce
Fenergo Limited International Capital
Market Association
Mr Lake holds 750,000 shares in the Company representing 0.12
per cent. of the Company's issued share capital.
There is no further information to be disclosed pursuant to
Schedule Two paragraph (g) of the AIM Rules for Companies.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information, please contact:
CityFibre Infrastructure Holdings www.cityfibre.com
plc
Greg Mesch, Chief Executive Officer Tel: 020 3510
0602
Terry Hart, Chief Financial Officer
James Enck, Investor Relations Tel: 0333 150
6283
Morten Singleton, Investor Relations Tel: 0333 150
6270
finnCap (Nomad and Joint Broker) www.finncap.com
Stuart Andrews / Christopher Raggett Tel: 020 7220
(Corporate Finance) 0500
Simon Johnson (Corporate Broking)
Liberum (Joint Broker) www.liberum.com
Steve Pearce / Richard Bootle Tel: 020 3100
2000
Vigo Communications www.vigocomms.com
Jeremy Garcia / Fiona Henson / Natalie Tel: 020 7830
Jones 9700
About CityFibre:
CityFibre is the national builder of Gigabit Cities, as the UK's
largest alternative provider of wholesale fibre network
infrastructure. It has major metro duct and fibre footprints in 42
cities across the UK and a national long distance network that
connects these cities to major data-centres across the UK and to
key peering points in London.
The company has an extensive customer base spanning service
integrators, enterprise and consumer service providers and mobile
operators. Providing a portfolio of active and dark fibre services,
CityFibre's networks address 44,000 public sites, 7,300 mobile
masts, 349,000 businesses and over 4 million homes.
CityFibre is based in London, United Kingdom, and its shares
trade on the AIM Market of the London Stock Exchange (AIM: CITY).
Further information on the company can be found at
www.cityfibre.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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