Directorate Change

RNS Number : 1998A

Summit Germany Limited

18 December 2014

 



18 December 2014

Summit Germany Limited

("Summit Germany" or the "Company")

Directorate Change

Summit Germany announces that Tim Parkes will step down as a Director of the Company with effect from 31 December 2014. The Board wishes to thank Tim Parkes for his contribution and wishes him well in his future endeavours.  

The Company is pleased to announce the appointment of Mr Christopher Spencer to replace Mr Parkes as a Non-Executive Director of the Company with effect from 1 January 2015. Mr Spencer has also been appointed as Chairman of the Company's Audit Committee.

Christopher Spencer 64, a resident of Guernsey, qualified as a chartered accountant in London in 1975. Following two years in Bermuda, he moved to Guernsey. Mr Spencer, who specialised in audit and fiduciary work, was Managing Partner/Director of Pannell Kerr Forster (Guernsey) Limited from 1990 until his retirement in May 2000.

Mr Spencer is a member of the AIC Offshore Committee, a past President of the Guernsey Society of Chartered and Certified Accountants and a past Chairman of the Guernsey Branch of the Institute of Directors.

Mr Spencer is currently, or has previously been a director or partner of the following directorships or partnerships within the previous 5 years: 

Current

Avenue Capital Credit Opportunities Limited

Carib Golf Limited

John Laing Infrastructure Fund Limited

J.P. Morgan Private Equity Limited

KAAN Limited

Olivant Limited

Opportunity Investment Co Limited

Real Estate Credit Investments PCC Limited

RIL Insurance Limited

Ruffer Investment Company Limited

Rutley Russia Property Fund Limited

Sitex Insurance PCC Limited

Sniper China Logistics Properties Limited

Spencer Holdings Limited

SQN Asset Finance Income Fund Limited

SQN Asset Finance (Guernsey) Limited

Tamar European Industrial Fund Ltd

Past

ABL Holdings Ltd

Alpha Asset Finance Co Limited

Alpha Bank Jersey Limited

Dexion Trading Limited

F&C Directional Opportunities Fund Limited

F&C Longstone Fund Limited

F&C Property Growth and Income Fund Ltd

Generali Portfolio Management (CI) Limited

Generali Portfolio Management UK Limited

Generali International Limited

Generali Worldwide Insurance Company Ltd

Grenfell PIA Guernsey Limited

Henderson Far East Income Fund Limited

Hillside Apex Fund Limited

IPT Finance Limited

IRP Holdings Limited

IRP Property Investments Limited

Kingsway Fund Limited*

Low Carbon Accelorator Limited

Rutley East African Property Limited

TEIF Luxembourg SARL

TEIF Luxembourg Scandi SARL

TEIF Luxembourg Investments SARL

Safedataco.com Limited

Tacus Fund Limited

Thames River Hillside Apex Fund SPC

Thames River Hillside Apex Fund II Limited

Thames River Kingsway Fund Limited

Thames River Legion Fund Limited

Save as disclosed above, there is no further information required to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules.

-ends-

For further information please contact:

Summit Germany Limited

Zohar Levy, Managing Director

Itay Braun, Finance Director

Tel: [phone]

Cenkos Securities plc

Ivonne Cantú/Michael Johnson

Tel: [phone]

Broker Profile

Simon Courtenay

Tel: [phone]

C.L. Secretaries Limited

Sara Bourne

Tel: [phone]

 

END

 

 

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