New Europe Property Investments PLC Directorate Change (0333B)

TIDMNEPI

RNS Number : 0333B

New Europe Property Investments PLC

13 June 2016

NEW EUROPE PROPERTY INVESTMENTS PLC

Incorporated and registered in the Isle of Man with registered number 001211V

Registered as an external company with limited liability under the laws of South Africa, registration number 2009/000025/10

   AIM share code: NEPI    JSE share code: NEP    BVB share code: NEP 
   ISIN:   IM00B23XCH02 

("NEPI" or "the Company")

DIRECTORATE CHANGE

Mr Antoine Laurens Vincent Dijkstra is appointed to the Board of Directors as a Non-executive Director, with immediate effect.

Mr Dijkstra is the co-founder and partner of Implexus Capital & Partners, an advisor to governments, corporates and financial institutions. Mr Dijkstra started his career at Credit Agricole in Rotterdam and later worked in Paris and Frankfurt. In the early 1990s he focused on investment management, capital markets and derivatives at AIG and later Zurich Capital Markets based in Paris and London. From 2000 to 2005, Mr Dijkstra was a member of the managing board at NIBC in the Netherlands and Chairman of Harcourt Investment Management in Zurich. From 2006 to 2008, Mr Dijkstra was a Senior Managing Director at JPMorgan/BearStearns in London. In 2008 he became Chief Investment Officer and Treasurer of Gulf International Bank B.S.C. in Bahrain, with a brief to rationalise the balance sheet of the bank. He has advised a variety of clients on issues as balance sheet reduction and refinancing, with a focus on public sector related entities and financial institutions.

Mr Dijkstra is currently a member of the Board of Trustees at the Southern Methodist University in Dallas, United States and a member of the Executive Committee of the Cox School of Business in Dallas. Amongst others he was formerly a Supervisory Board member on behalf of HAL Investments N.V of Vesting Finance N.V. a credit management, portfolio management and servicing company and a Supervisory Board Member of Brink's N.V. a leading global security and cash logistics company. From 2000 to 2003, Mr Dijkstra was a member of the Primary Market Operations Committee of the Euronext Amsterdam.

Mr. Dijkstra has a Masters in Finance and Economics from the Rotterdam Erasmus University and a Degree in Advance Management from INSEAD.

Disclosures under Schedule 2 paragraph (g) of the AIM Rules for Mr Dijkstra are as follows:

Full name and age: Mr Antoine Laurens Vincent Dijkstra, aged 53

 
 Current Directorships            Past Directorships 
 
 Cox School of Business           Brinks N.V. 
  Implexus Capital & Partners      Vesting Finance N.V. 
  BV 
  Southern Methodist University 
 

There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Mr Dijkstra does not hold any ordinary shares in the Company and is considered to be an Independent Non-executive Director.

13 June 2016

For further information please contact:

 
 New Europe Property Investments 
  plc 
 Mirela Covasa                       [phone] 
----------------------------------  ----------------- 
 
 AIM Nominated Advisor and Broker 
 Smith & Williamson Corporate 
  Finance Limited 
 Azhic Basirov/Katy Birkin           [phone] 
----------------------------------  ----------------- 
 
 
 JSE sponsor 
 Java Capital                   [phone] 
-----------------------------  ---------------- 
 
 BVB advisor 
 SSIF Intercapital Invest SA 
 Razvan Pasol                   [phone] 
-----------------------------  ---------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 13, 2016 11:00 ET (15:00 GMT)