Directorate Change

RNS Number : 4076E

Port Erin Biopharma Investments Ltd

30 May 2012

 



Port Erin Biopharma Investments Limited

("Port Erin" or the "Company")

Directorate Change

Port Erin, the AIM listed company focused on investing in the biotechnology and biopharmaceutical sectors, today announces that Denham Eke has been appointed as Finance Director of the Company with immediate effect.

Jim Mellon, Chairman of Port Erin, commented, "We welcome Denham to the Board of Port Erin, he will be a valuable addition to the team. As we continue to develop our business, Denham's experience with investment companies and industry background will be highly valuable in helping drive the company forward."

Additional disclosures pursuant to Schedule 2 (g) of the AIM Rules:

Denham Hervey Newall Eke (60) is the managing director of Burnbrae Group Limited, a private investment company. Mr Eke started his career in stockbroking and insurance with Sheppards & Chase and then Hogg Robinson plc. Over the last 15 years, he has held directorships of a large number of companies, principally involved in equity investments, property ownership and management, and hotel operations, where he has been tasked with rationalising and restructuring operations to enhance profitability. Mr. Eke is Chairman of Webis plc; CEO of Manx Financial Group plc and Speymill plc; CFO of West African Minerals Corporation and Copper Development Corporation; and a director of ARBB AG and Rivington Street Holdings plc. His other directorships are listed below:-

Current directorships:

Albany Management Limited	Dundrennan Limited
All Star Lanes Limited	Edgewater Associates Limited
ARBB AG	Emerging Metals Limited
Arundel Services Limited	European Wagering Services Limited
B.E. Global Services Limited	Executive Club (IOM) Limited
BetInternet Limited	Galloway Limited
BetInternet.com (IOM) Limited	Genseq Limited
Big Group plc	German Airport Investments plc
BigSave Limited	Horsfield Limited
Billing Service Group Limited	IC Technology (UK) Limited
Burnbrae Belgium Limited	Indigo Securities Limited
Burnbrae Charlottenburg GmbH	Islay Enterprises Limited
Burnbrae Commercial GmbH	Manx Financial Group plc
Burnbrae Development GmbH	Marchmont Enterprises Limited
Burnbrae Friedrichstein GmbH	Navrona Investments Limited
Burnbrae Germany East GmbH	Orkney Group Limited
Burnbrae Germany GmbH	Paymonthly.com (Hong Kong) Limited
Burnbrae Germany North GmbH	Regent Group Limited
Burnbrae Germany South GmbH	Rivington Street Holdings Limited
Burnbrae Germany West GmbH	Ross Services Limited
Burnbrae Group Limited	Rothesay Enterprises Limited
Burnbrae Kreutzberg GmbH	SCI Burnbae Paris
Burnbrae Limited	Scotsdale Properties Limited
Burnbrae Lutzowstrasse GmbH	SDJM Limited
Burnbrae Mitte GmbH	Shellbay Investments Limited
Burnbrae Prenlauer Berg GmbH	Sleepwell Aviation Limited
Burnbrae Residential GmbH	Sleepwell Construction Management Limited
Burnbrae Sachsen GmbH	Sleepwell Hotels (UK) Limited
Burnbrae Schonefeld GmbH	Sleepwell Hotels Limited
Burnbrae Spain SL	Snowdoun Limited
Burnbrae Spandau GmbH	Solfotara Mining Corp
Burnbrae Tempelhof GmbH	Speymill Contracts Limited
Burnbrae Tiergarten GmbH	Speymill plc
Burnbrae Wedding GmbH	Speymill Property Group Limited
Burnbrae Wilmersdorf GmbH	Speymill Property Managers (Far East) Limited
Burrow Head Limited	Stonehaven Properties Limited
Calabrese House Limited	SunGreen Limited
Chester House Management Limited	Technical and Facilities Services Limited
Chester House Property Limited	Teviot Company Limited
Clean Air Capital Limited	T1PS Investment Management (IOM) Limited
Conister Bank Limited	Troon Properties Limited
Conister Card Services Limited	Webis Holdings plc
Copper Development Corporation	Wielandstrasse 5 Objekt GmbH
Deutsche Flughaven Investments plc	Wyatt Limited
DF Holdings plc	Yu Xiang Yuan (Steel) Limited

Past directorships:

Estavis AG
TransSend Holdings Limited

Mr. Eke was a director of Roldec Systems plc from 1994 to 1999. Roldec Systems plc was wound up by way of a creditors' voluntary liquidation in March 1999.

There is no other information that is required to be disclosed with regards to the appointment of Mr. Eke pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Enquiries:

Port Erin Biopharma Investments Limited
Denham Eke	([phone]
Libertas Capital
Sandy Jamieson	([phone]
Rivington Street Corporate Finance Limited
John Levinson	([phone]

 

END

 

 

BOAFMGFKGGLGZZM