Share Name Share Symbol Market Type Share ISIN Share Description
Etaireia Investments plc NEX:ETIP NEX Ordinary Share GB00B1Z2XX18
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Directorate Changes and Correction

29/03/2019 2:44pm

GlobeNewswire Inc.


Etaireia Investments (NEX:ETIP)
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Directorate Changes and Correction

29 March 2019

ETAIREIA INVESTMENTS PLC

("Etaireia" or "the Company")

Directorate Changes and Correction

The Board of Etaireia Plc is delighted to announce the appointment of David Barnett to the Board, with immediate effect.  

David Barnett (age 68, Director)

David Barnett is an experienced sales executive. David will join the company as executive Chairman. He brings over 40 years of business experience to the Company.

David Barnett current and past (five years) directorships are as follows:

Current directorships Past directorships (five years)  
Globe Capital LtdBarnett Fashion Agency Limited
Ecovista PlcPendleton & Cross Limited
David Barnett Consultancy LimitedStingray Leather Goods UK Limited
  
  

Since David Barnett is being appointed the proposed EGM referred to in the previous announcement will now not take place.

Ian Fallmann has been reinstated as a director of the Company.

The company also announces that Dennis Rogers and Myles Cunliffe are stepping down from their role as a Directors with effect immediately, to pursue commitments outside of the Company.

The Board would like to wish them all the best with their future ventures.

Correction to previous announcement: on March 14th it was announced that two commercial properties in Peterlee have been sold and removed from the balance sheet.  This is not the case. The company is still actively working with the mortgagee to resolve the financing of the properties.

Alexander David will also be resigning as the company’s Corporate Advisor and the company is in talks to appoint a new Advisor as soon as possible.

The Directors of the Company accept responsibility for this announcement.

ENDS

Enquiries:Etaireia Investments Plc  Tel:  07836285536David Barnett

NEX EXCHANGE CORPORATE ADVISER:

Alexander David Securities Limited David Scott –Corporate Finance James Dewhurst – Corporate Broking  Telephone: +44 (0) 20 7448 9820http://www.ad-securities.com49 Queen Victoria Street, London EC4N 4SA

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