Princess Private Equity Holding Ltd Directorate Change (4695Z)

TIDMPEY TIDMPEYS

RNS Number : 4695Z

Princess Private Equity Holding Ltd

03 September 2018

News Release

Guernsey, 3 September 2018

Directorate Change

Further to the announcement on 16 May 2018, Princess Private Equity Holding ("Princess" or the "Company") announces that Brian Human has stepped down as Chairman with effect from 1 September 2018. Mr. Human has served as a director of the Company since 2003, and was appointed to the role of Chairman in 2007. He will be succeeded as Chairman by Richard Battey, who has served on the Board since 2009. In order to ensure an orderly transfer of responsibilities, Mr. Human will continue to serve as director until the end of November 2018.

Princess also announces the appointments of Fionnuala Carvill and Merise Wheatley as non-executive Directors of the company with effect from 1 September 2018.

Fionnuala Carvill (British, born 1964) is a Chartered Fellow of The Chartered Institute for Securities & Investment; a Fellow of the London Institute of Banking & Finance (Chartered Institute of Bankers); a Fellow of ICSA: The Governance Institute and a Chartered Governance Professional. Ms Carvill is a Non-Executive Director of Investec Bank (Channel Islands) Limited and The Chartered Institute for Securities & Investment. Previous executive positions held include Managing Director of Kleinwort Benson (Channel Islands) Investment Management Limited, Director of Kleinwort Benson (Channel Islands) Limited, Commission Secretary and Head of Innovation at the Guernsey Financial Services Commission and Director of Rothschild Bank (CI) Limited. Ms Carvill is a past President and committee member of The Chartered Institute for Securities & Investment, Guernsey Branch, a Liveryman of the Worshipful Company of International Bankers and was granted Freedom of the City of London in 2007. She holds a Master's degree in Corporate Governance (Distinction) and is resident in Guernsey.

Merise Wheatley (British, born 1958) has over thirty years' experience at Board level in risk financing and insurance management. She is a Fellow of the Association of Chartered Certified Accountants having completed her training with Abbey Life Assurance and National Mutual Life Association of Australasia in the UK and qualified in 1982.

Merise is currently a Client Service Director at Artex Risk Solutions (Guernsey) Limited where her responsibilities include the strategic development of client companies to meet shareholder objectives, and the provision of services to a portfolio of clients in a diverse range of industries. She serves as a director on the boards of a number of non-listed regulated insurance entities in Guernsey and Malta. Merise has worked for Artex, formerly Heritage Insurance Management, since 2009 and her career also includes five years as Managing Director of Heath Lambert Insurance Management in Guernsey and Malta and fourteen years with Marsh and Johnson & Higgins in Guernsey and Grand Cayman from 1988 to 2002. Merise is a past Chairman of the Guernsey International Insurance Association and was a member of the 2007 Insurance Business Law Review Steering Group, chairing the Corporate Governance Working Party. In 2007 she achieved the Diploma in Company Direction awarded by the UK Institute of Directors. Merise is a resident of Guernsey.

Ends.

About Princess

Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is advised in its investment activities by Partners Group, a global private markets investment management firm with EUR 67.1 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the London Stock Exchange (ticker symbols: PEY for the Euro quote; PEYS for the Sterling quote).

Contacts

Princess Private Equity Holding Limited:

[e-mail]

www.princess-privateequity.net

Registered Number: 35241

LEI: 54930038LU8RDPFFVJ57

Investor relations contact

George Crowe

Phone: [phone]

E-mail: [e-mail]

Media relations contact

Jenny Blinch

Phone: [phone]

E-mail: [e-mail]

www.partnersgroup.com

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess Private Equity Holdings. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about, and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of Princess' website nor the contents of any website accessible from hyperlinks on Princess' website (or any other website) is incorporated into, or forms part of, this announcement.

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.

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September 03, 2018 02:00 ET (06:00 GMT)