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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pan European Terminals | LSE:PAN | London | Ordinary Share | GB00B12V3082 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPAN
RNS Number : 6005P
Pan European Terminals PLC
03 October 2013
Embargoed until 7.00am 3 October 2013
Pan European Terminals PLC
("PAN" or the "Company")
Directorate Change
Pan European Terminals plc (AIM: PAN), is delighted to announce the appointment of Professor Francesco Gardin as a non-Executive Director to the board of the Company with immediate effect.
Professor Gardin, 58, graduated in Theoretical Physics at Padova University in 1979, before undertaking a UK Government research project at Exeter University from 1980 to 1982. In 1983 he was employed by the Italian National Research Council and from 1984 to 1985 he worked at the European Union Research Centre in Ispra, Italy as Co-ordinator of the Artificial Intelligence Laboratory.
In 1983, Professor Gardin founded AISoftw@re SpA to develop and distribute Artificial Intelligence systems within Italy, which he took public on NASDAQ Europe in 1999 and the Milan Stock Exchange in 2000. He sold the company in 2005 through a merger, remaining as non-Executive Chairman until March 2008, at which time it employed more than 1,400 people with revenues in excess of GBP70m.
Between 2002 and 2011 Professor Gardin was Chairman and major shareholder of Brainspark plc, an AIM quoted investment company. Since 2006 he has worked extensively in China, and in March 2007 became CEO of China IPO Group plc, wholly owned by Brainspark plc, focusing on investments in China. In March 2008 he became a Board Member of IPO Beijing Investment Consulting Company Ltd., the China IPO Group plc Chinese subsidiary, with offices in Beijing and Xi'an. The company was subsequently demerged from Brainspark in December 2009.
Between December 2008 and July 2013 he was an executive Director of London Asia Capital plc, a UK company investing in Asia, with a mandate to review and maximise the returns of the investment portfolio.
During the last twenty years, he has been Director of almost fifty companies in Italy, UK, USA, Israel, Hong Kong, China, Singapore, Mauritius and Jersey.
Since 1984 to date, he has been Research Associate Professor at Udine, Milano and Siena University lecturing in Artificial Intelligence, Theory and Application of Computation, and Virtual Reality. His academic papers include more than 50 individual and joint publications and three books on the subject of Artificial Intelligence as editor.
Simon Escott, Interim Executive Chairman and Chief Executive of PAN, commented, "Professor Gardin's extensive international board credentials are a strong asset to the Company as we look to acquire further assets within Europe. His many years as Chairman of an AIM listed company further add to our strengthening corporate governance credentials and we welcome him to the board."
Professor Francesco Gardin, commenting on his appointment as non-Executive Director of PAN, said, "I am delighted to join the board of this very exciting company at a time when it is looking to expand further into Europe and the demand for its operational expertise is it at an all-time high".
-ends-
Enquiries:
Pan European Terminals plc Tel: +44 (0)20 3145 1908
Simon Escott, Chief Executive Mob: +44 (0)7920 095 800
Westhouse Securities Ltd (Nomad and Broker) Tel: +44 (0)20 7601 6000
Richard Johnson / Antonio Bossi
Leander (Financial PR) Tel: +44 (0)7795 168 157
Christian Taylor-Wilkinson
Additional information
Professor Francesco Gardin holds or has held the following directorships and/or partnerships in the previous five years:
Current Previous Russian Art Promotion Ltd Brainspark plc China IPO (2009) Ltd Brainspark Associates Ltd Infusion (2009) Ltd London Asia Capital plc Infusion 2012 Ltd Metapack Ltd China IPO Group plc Infusion 2002 Ltd ATM Lottery Corporation Ltd IPO Beijing Investment Consulting Company Ltd Wind Energy Italy Ltd Geosim Systems Ltd London Asia Capital Land Ltd Huang He Securities Ltd London Asia Investments Ltd London Asia Capital Mauritius Ltd London Asia Capital (S) Pte Fabbrica Energie Rinnovabili Alternative srl Associazione Sportiva Golf dei Laghi Golf Immobiliare SpA Scuola Europa Societa Cooperativa Societa Immobiliare Commerciale Internationale SAS di Francesco Gardin
Professor Gardin does not currently have an interest in any PAN ordinary shares.
Save as disclosed above, there is no further information in relation to the appointment of Professor Gardin which is required to be disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules.
Notes to Editors:
Pan European Terminals Plc operates hydrocarbon refined product Storage and Transhipment Terminals in Aabenraa (Denmark), Kaliningrad City (Russia) and Baltysk (Russia). It also leases and operates tanks in Rotterdam (Holland). The Group presently has approx. 400,000 Cubic Meters of tank capacity under ownership or management, with approximately 40% of its annual profit now being derived from its non-Russian assets. The Group has been building critical mass in this field for three years and offers its customers flexibility, competitive rates and excellent facilities for storage, transhipment and bunkering services.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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