Dukemount Capital PLC Appointment of Chief Executive Officer (4417R)

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RNS Number : 4417R

Dukemount Capital PLC

30 June 2020

Dukemount Capital PLC

30 June 2020

30 June 2020

Dukemount Capital Plc

("Dukemount" or "the Company")

Appointment of Chief Executive Officer

Dukemount Capital plc ("Dukemount"), the property management and long dated income provider, announces that it has appointed Matthew Thompson MBA BA (Hons.) as Chief Executive Officer.

Matthew is qualified in commercial and corporate law and has 17 years of private equity, family office, legal, energy and real estate experience gained in executive and leadership positions. He has a wealth of experience from contract management and procurement to land and property development control.

As well as the CEO responsibilities, Matthew will manage the due diligence and development process of each project, driving forward current and future projects and assist the board in its discussions with institutions with regards to investment in long dated income.

Dukemount Executive Chairman Geoffrey Dart said, "I would like to welcome Matthew to the company, and I look forward to working alongside him as we grow the business."

With the potential uplift in project size and the significantly increased size of the parties involved in these talks we are initially concentrating our discussions with one university. During the last 3 months it has been challenging and we are being very mindful of the fact that the start of the new education year, and the continued uncertainty of COVID-19, are foremost in all universities thoughts with regards to the safety of their students. As we have mentioned previously, there is a real appetite within the university sector for development of classrooms and student accommodation and I look forward to updating shareholders at the appropriate time.

Dukemount CEO, Matthew Thompson said, "I'm excited by this new opportunity, building on what has been achieved and looking forward to helping drive the company forward."

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

For further information, please visit www.dukemountcapitalplc.com or contact:

 
 Dukemount Capital Plc                       Via St Swithins PR 
 Geoffrey Dart 
 
 St Swithins PR (Media and Investor          Tel: [phone] 
  Enquiries) 
 Gary Middleton                              [e-mail] 
 
 
 Peterhouse Capital Limited                  Tel: [phone] 
 Lucy Williams/Duncan Vasey 
 

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June 30, 2020 02:00 ET (06:00 GMT)