REG - Black Sea Property - Directorate Change

TowerAnnouncement

20/11/2018 11:10

RNS Number : 8988H
Black Sea Property PLC
20 November 2018
 


BLACK SEA PROPERTY PLC
("Black Sea Property" or the "Company")
 
Board Appointments
 
Black Sea Property PLC, the Bulgarian property investment company, is pleased to announce the appointments of Ventsislava Blagoeva Altanova ("Ventsislava") and Miroslav Rosenov Georgiev ("Miroslav") to the Board as non-executive directors of the Company with immediate effect. Ventsislava and Miroslav have been nominated to the Board of Black Sea Property by, and will act as representatives of, Phoenix Capital Management AD, the Company's investment adviser and 29.76% shareholder, through Mamferay Holdings Limited, its wholly owned subsidiary.
 
Ventsisvava has more than ten years of experience at international financial institutions with focus on real estate financing. She has previously been responsible for attracting and retaining key international clients, investors and developers. Since 2016 she has been an executive director of Phoenix Capital Holding AD and Phoenix Capital Management AD with responsibility for structuring acquisition financing and for the development and management of commercial real estate.
 
Miroslav is a construction engineer and real estate valuation specialist with more than ten years of experience. He has been involved in the project development and project management of major developments in the Bulgarian real estate sector in residential, office, industrial properties and shopping centres. Currently, Miroslav is an executive director of Phoenix Capital Management AD and chairman of the management board of Phoenix Capital Holding AD.
 
Further information that is required to be disclosed pursuant to Paragraph 21, Appendix 1 of the NEX Growth Market - Rules for Issuers is contained at the end of this announcement.
 
The Directors of the issuer accept responsibility for the contents of this announcement.
 
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For further information, please visit www.blackseapropertyplc.com or contact the following:
 




BLACK SEA PROPERTY PLC
Alex Borrelli -  Chairman
 


+44(0) 774 702 0600




PETERHOUSE CAPITAL LIMITED
NEX Exchange Corporate Adviser
Fungai Ndoro and Guy Miller


+44 (0) 207 469 0930




 
In addition to that of the Company, Ventsislava Blagoeva Altanova holds or has held the following other directorships/partnerships in the five years prior to the date of this announcement.




Current Directorships


Past Directorships




Phoenix Capital Management AD


Business Imot Consult EAD




Phoenix Capital Holding AD


Exclusive Tower Ltd




Exclusive Property REIT


BG Credit and Leasing EOOD




 


Topins. BG Broker EOOD




 
In addition to that of the Company, Miroslav Rosenov Georgiev holds or has held the following other directorships/partnerships in the five years prior to the date of this announcement.




Current Directorships


Past Directorship




Phoenix Capital Management AD


Business Imot Consult EAD




Phoenix Capital Holding AD


Exclusive Tower Ltd




Exclusive Property REIT


BG Credit and Leasing EOOD




 


Topins. BG Broker EOOD




 




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