Northacre PLC Appointment of Director (5052I)

TIDMNTA

RNS Number : 5052I

Northacre PLC

03 July 2013

Northacre PLC

("Northacre" or the "Company")

Appointment of Director

Northacre is pleased to announce the appointment of Mr. Alexandre de Rothschild to the board as a Non-Executive Director with immediate effect.

Mr. de Rothschild brings with him over a decade of experience in investment banking and private equity. Mr. de Rothschild joined Rothschild in 2008 to establish its merchant banking platform. Prior to that, Alexandre has held positions with Argan Capital (formerly Bank of America's European principal investing division), a leading London-based independent private equity fund, focused on acquiring and developing European mid-market companies. He began his career as an analyst in the M&A Global Industries team of Bear Stearns in New York.

Klas Nilsson, Non-Executive Chairman, commented:

"We are delighted to welcome Mr. de Rothschild to our Board and look forward to making use of his experience. We are confident that his contribution as an independent director will provide a valuable additional dimension to the Board."

Enquiries:

Northacre PLC Tel: [phone]

Klas Nilsson (Non-Executive Chairman)

finnCap Ltd Tel: [phone]

Stuart Andrews

Henrik Persson

Hudson Sandler Ltd Tel: [phone]

Michael Sandler

Alexandre de Rothschild (age 32) is or has been a director or partner of the following companies or partnerships during the previous 5 years:

 
 Current                     Previous 
--------------------------  -------------------------- 
 Rothschild Concordia        Rothschild Continuation 
  SAS (France)                Holding AG (Switzerland) 
--------------------------  -------------------------- 
 Rothschild & Cie Banque     Delsey 
  SCS 
--------------------------  -------------------------- 
 RCB Partenaires SNC         Enricau SAS 
--------------------------  -------------------------- 
 Société Civile    Vuarchez SAS 
  du Haras de Reux 
--------------------------  -------------------------- 
 Paris Orléans SCA 
--------------------------  -------------------------- 
 Treilhard Investissements 
--------------------------  -------------------------- 
 

There is no further information on Mr. de Rothschild required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

This information is provided by RNS

The company news service from the London Stock Exchange

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