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MKT Market Tech Holdings

187.25
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Market Tech Holdings LSE:MKT London Ordinary Share GG00BSSWD593 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 187.25 186.50 188.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Market Tech Holdings Limited Appointment of Non-Executive Director (4221F)

27/07/2016 3:25pm

UK Regulatory


Market Tech (LSE:MKT)
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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

BOAZMGZNDNMGVZM

(END) Dow Jones Newswires

July 27, 2016 10:25 ET (14:25 GMT)

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