R.G.I. International Limited Board Appointment (7889C)

TIDMRGI

RNS Number : 7889C

R.G.I. International Limited

20 March 2014

Thursday 20 March 2014

R.G.I. International Limited

(AIM: RGI)

Board Appointment

R.G.I. International Limited ("RGI" or the "Company"), the AIM-listed developer of high quality residential properties in Moscow and the surrounding areas, is pleased to announce the appointment of David Wood (46) to the Board of the Company with immediate effect.

David was appointed CFO of the Company on 5 August 2013. He has 20 years' experience in finance in Russia and the CIS, including six years with Deloitte & Touche and five years as the CFO of AIM-listed Amur Minerals Corporation. Since joining the Company, he has been responsible for all aspects of RGI's financial management.

Enquiries:

 
 RGI 
  David Wood, Chief Financial Officer 
  Anna Orlova, Head of Marketing 
  and PR                                      [phone] 
 
 Citigate Dewe Rogerson - Financial 
  PR Adviser 
  Tom Baldock 
  Jos Bieneman                            [phone] 
 Shore Capital - Nominated Adviser 
  Stephane Auton 
  Edward Mansfield                       [phone] 
 

Further information regarding David required by Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies is detailed below.

David Fain Wood, 46, does not hold any shares in RGI. Within the past five years, David has served as a member of the board of directors of the following companies:

   --     RusPetro plc (LSE: RPO) - 2011 
   --     Amur Minerals Corporation (AIM:AMC) - 2006-2010 
   --     Rosehill Capital Corporation - 2011-2012 

There are no further disclosures in respect of David Wood required under Rule 17 or Schedule 2 paragraph (g) of the AIM Rules for Companies.

About RGI

RGI has been successfully creating new markets in Moscow real estate since 1993. The Company's innovative drive played a key role in the transformation of Moscow's Golden Mile in the 1990s, when new landmark buildings were constructed that set the benchmark for modern living and working spaces in the rapidly changing Russian capital. Today the Company is focused on serving Moscow's growing middle class professionals by building aspirational, design led, residential communities. Its pioneering Microgorod V Lesu project has set new standards for the Moscow residential sector by offering homebuyers a well configured development, with good facilities and apartments finished to a high quality. In addition to its distinctive residential properties, RGI developed, owns and operates Tsvetnoy Central Market, Moscow's first iconic department store on Tsvetnoy Boulevard. The Company is listed on the LSE's AIM market and has significant land holdings in central Moscow.

For more information go to www.rgi-international.com

This information is provided by RNS

The company news service from the London Stock Exchange

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