Market Tech Holdings Limited Appointment of Non-Executive Director (4221F)
July 27 2016 - 9:25AM
UK Regulatory
TIDMMKT
RNS Number : 4221F
Market Tech Holdings Limited
27 July 2016
27 July 2016
Market Tech Holdings Limited
("Market Tech" or the "Company")
Appointment of Non-Executive Director
Market Tech (LSE: MKT), which owns, manages and is developing a
unique 16 acre estate of office, retail, leisure and living spaces
in London, including the iconic Camden Markets, announces the
appointment of Maureen Harris as a non-executive director. Maureen
has been nominated by and will act as the board representative of
the Company's majority shareholder, Citwax Investments Limited,
under its relationship agreement with the Company.
Maureen brings 30 years of experience in corporate and
investment banking, and real estate markets, both in equity as well
as debt positions. This includes 15 years with NatWest Markets,
including the capital markets division and restructuring of the
County NatWest Property Book, as well as 11 years at IBRC (formerly
Anglo Irish), including as UK Head of Asset Recovery. More recently
she has acted as an advisor and asset manager to a Lone Star Real
Estate Fund. Since 2015 Maureen has advised a number of companies
owned and/or controlled by trusts connected with the Company's
majority shareholder.
Commenting on the appointment, Neil Sachdev, Chairman of Market
Tech, said: "We welcome Maureen to the Company, representing our
majority shareholder, and we look forward to benefiting from her
experience across the banking and real estate sectors."
Following Maureen's appointment, Market Tech proposes to
rebalance the board of the Company in order to comply with the UK
Corporate Governance Code.
-Ends-
Enquiries
Market Tech
Charles Butler, Chief Executive
Officer
David Brown, Chief Financial
Officer +44 (0) 20 3727
c/o FTI Consulting 1000
FTI Consulting +44 (0) 20 3727
Richard Sunderland 1000
Claire Turvey markettech@fticonsulting.com
Clare Glynn
About Market Tech
Market Tech combines the iconic Camden Market real estate assets
with digital technology to deliver a living, working, retail and
leisure environment. The Company owns approximately 16 acres of
real estate assets in Camden, including the Stables Market; Union
Street Market, (also known as Buck Street Market); Camden Lock
Market; and Hawley Wharf, (formerly known as Camden Lock Village).
It also owns separate real estate assets on Camden High Street;
Kentish Town Road; properties on Jamestown Road, (including the
Camden Wharf Building); The Interchange Building on Oval Road,
Utopia Village in Primrose Hill, 1-11 Hawley Crescent and 49 Chalk
Farm Road.
The Company owns three e-commerce businesses, referred to as
Market Tech Digital. These are Stucco Media, an e-commerce
marketing platform, Glispa, a Berlin-based mobile marketing
business and Fiver, a B2C online fashion retailer.
www.market-tech.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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