Appointment of Special Adviser to the Board

RNS Number : 3344P

SPDI Secure Property Dev&Inv PLC

01 October 2013

 



1 October 2013

SECURE PROPERTY Development & Investment

("the Company" or "SECURE")

APPOINTMENT OF SPECIAL ADVISER

SECURE PROPERTY Development & Investment plc (AIM: SPDI), a South Eastern European focused property and investment company, today announces the appointment of Ned Goodman as special adviser to its Board.

Ned Goodman is the founder of the Dundee Group of Companies in Canada and President and CEO of the Dundee Corporation, an independent publicly traded Canadian asset management company which is listed on the Toronto Stock Exchange and focuses primarily on investments in real assets, namely mining, real estate and infrastructure, as well as the agricultural sector. Mr. Goodman founded the Dundee Group in 1991, which, under his leadership, became a $50 billion mutual fund entity. The Dundee Group has extensive exposure to North American and European real estate, while it also has exposure to the South East European markets, mostly in the mining sector.

Prior to the Dundee Group, Mr. Goodman founded the first exploration flow-through partnership, CMP Group, which has raised almost $5 billion to help companies explore and develop mining and petroleum companies. Moreover, in 1967 he co-founded Beutel, Goodman and Company Ltd. which established a reputation as a "go-to" destination for mining and oil investors.  Mr. Goodman has also played important role in the development of several other companies, such as International Corona and Kinross Gold.

Mr. Goodman is Chancellor of Brock University and founder of the Goodman Institute of Investment Management at Concordia University.  In addition, he has received numerous distinctions, such as the Morningstar Investment Career Achievement in 2005 and Fraser Institute's T. Patrick Boyle Founder's Award in October 2012.

Dundee Corporation subscribed to the placing of the Company's shares earlier this year and is the beneficial shareholder of 6,834,110 shares outstanding of the Company.

Lambros Anagnostopoulos, the Company's Chief Executive Officer, commented: "Having become a shareholder of SECURE earlier in the year following his investment at the time of the Company's share placing in January, it is a further testament to the Company's potential that Ned has agreed to act as special adviser to the SECURE Board.  He is a very well respected and experienced international investor, with a strong track record in both the real estate sector and the South East Europe markets. Ned will substantially strengthen the collective experience of our board and it gives me great pleasure to welcome him to the Company as his support and involvement enhances our already strong line-up of supporters from Canada and the UK."

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Enquiries:

SECURE PROPERTY Development & Investment plc                         + 380 44 459 3000

Lambros Anagnostopoulos                                                                    www.secure-property.eu

Constantinos Bitros

Liberum Capital Limited (Nomad and Broker)                                    [phone]

Chris Bowman

Richard Bootle

FTI Consulting                                                                                       [phone]

Richard Sunderland

Will Henderson

Faye Walters

Notes to Editors:

About Secure Property Development & Investment plc

Secure Property Development & Investment ("Secure Property"), a trading name of SPDI-SECURE PROPERTY Development & Investment plc, is a South Eastern European focused property company incorporated in Cyprus. The Company's portfolio, having a Gross Asset Value of US$72m, comprises the Terminal Brovary logistics park in Kiev (Gross Leasable Area of circa 50,000 sqm), and four development projects at different stages of progression. Established in 2005, Secure Property employs a team of 15 experienced professionals operating across three countries.  Secure Property's shares are publicly traded on the AIM market of the London Stock Exchange.

 

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