Ace Liberty & Stone PLC Board Changes

RNS Number : 1726Q

Ace Liberty & Stone PLC

29 May 2024

 

ACE LIBERTY AND STONE PLC

 

(''Ace'' or "the Company'')

 

Board Changes

 

Ace Liberty and Stone Plc (AQSE: ALSP), the active property investment company, capitalising on commercial property investment opportunities across the UK, is pleased to announce the appointment of Eric Michael Gummers to the Board of the company on 28 May 2024.

 

Eric Michael Gummers is a former partner at Howard Kennedy LLP and will join the Board as Senior Independent Director. Eric Michael Gummers will also join the audit and remuneration committees in place of Ivan Minter. Keith Pankhurst, previously Senior Independent Director, will remain on the Board as a Non-Executive Director.

 

The following information is disclosed pursuant to rule 4.9 of the AQSE Growth Market Access Rulebook. 

 

Current Directorships/partnerships	Previous Directorships/partnerships
Peterhouse Capital Limited	N/A
Vincent Square Mansions Résidents Limited
Mancipatio Holdings Limited
Mancipatio Fiduciary Limited

 

Eric Michael Gummers does not hold any shares in the Company.

 

Except as set out above, there is no further information regarding Eric Michael Gummers that is required to be disclosed pursuant to rule 4.9 of the AQSE Growth Market Access Rulebook. 

 

Dr Anthony Ghorayeb, Chairman of Ace, commented:

 

"We are delighted to welcome Eric to the Board and wish him every success. With his legal background and real estate specific experience, Eric brings a wealth of knowledge to the Board which we believe will help drive the success of the company."

 

The Directors accept responsibility for this announcement.

 

 

- ends -

 

 

For further information, please contact:

 

Ace Liberty & Stone Plc
Laura Yates, Finance Director	Tel: [phone]
	http://acelibertyandstone.com
Alfred Henry Corporate Finance Ltd, AQSE Exchange Corporate Adviser
Nick Michaels	Tel: [phone]
	www.alfredhenry.com

 

Notes to Editors

 

Ace Liberty & Stone Plc is a property investment company with a diverse portfolio of properties located across the UK, predominantly in the midlands and north of England, which are now the focus of Government incentives. The Company locates commercial properties which have creditworthy tenants, several years' rental income and the potential for an increase in value through creative asset management activity, such as change of tenancy, change of use or new lease negotiation.  Ace has maintained a track record of generating strong profits at disposal of properties and achieving better-than average returns on capital. With strong support from shareholders and mortgage lenders, the Company is currently seeking to deploy its strong balance sheet and is seeking further investment opportunities in the UK to create value for existing and new investors.

Ace is run by a board with extensive property experience, an excellent network of contacts and relevant professional qualifications. This sector expertise has allowed the Board to identify opportunities and act promptly to secure investments.

 

For more information on the Company please visit www.acelibertyandstone.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NEXQKFBPKBKBKPB