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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Property FD Mgt | LSE:PFM | London | Ordinary Share | GB0031581449 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6431E Teesland Plc 29 October 2004 29 October 2004 Board changes Teesland appoints new Executive Director and Company Secretary Following the announcement on 28 October 2004 stating that the offer for the whole of the issued and to be issued share capital of Property Fund Management Plc ("PFM") had become wholly unconditional, Teesland plc ("Teesland") announces that John Sims, formerly Chief Executive of PFM, has been appointed to the Board of Teesland, with immediate effect. Mr Sims, 52, was chief executive of PFM for nine years and floated the company on the main market of the London Stock Exchange in 2002. PFM's principal operating subsidiary, Industrial Ownership Group - an industrial property fund management business, was founded by Mr Sims in 1986. In addition, Teesland announces the appointment of Marcus Shepherd as Company Secretary of the new enlarged group, with immediate effect. Mr Shepherd, 38, joined PFM in 1993. He was appointed Company Secretary of PFM in 1995 and was responsible for the financial reporting on all funds. Prior to this he was at haysmacintyre where he qualified as a Chartered Accountant, specialising in the real estate and venture capital sectors. Mickola Wilson, joint Chief Executive of Teesland, said: "Now that the offer for PFM has become wholly unconditional and we own over 99% of the shares, we can begin work in earnest on the integration of our two companies. The industrial property and European markets expertise of John Sims and his team, together with Teesland's knowledge of other sectors and services, will produce a much stronger combined business with real growth opportunities. I have known John for many years and I am delighted to welcome him to the Board." For further information: Mickola Wilson Jeremy Carey / Marylene Guernier Teesland plc Tavistock Communications Tel: 020 7659 4700 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange END BOAMLBJTMMMTBMI
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