REG - Trafalgar Prop. Grp - Board Appointment

Trafalgar PropertyAnnouncement

24/11/2020 07:00

RNS Number : 2380G
  
Trafalgar Property Group PLC
  
24 November 2020
  
 

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.
 
24 November 2020
 
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar", the "Company" or "Group")
Board Appointment 
Trafalgar (AIM:TRAF), the AIM quoted residential and assisted living property developer, is pleased to announce the appointment of Gary Martin Thorneycroft to the Board as Group Financial Director who will take up his role with immediate effect.  Gary is a Chartered Accountant with over 35 years' experience, initially in practice and then directly in various industry sectors over the last 16 years. His more recent activities include being CFO of a UK Fintech company, Payment Card Technologies (Retail) Ltd, in addition to being co-founder and CFO of Jones Food Company Limited, who own and operate the largest vertical farm in Europe. Gary structured, modelled, and ran the initial investment round prior to the business exit to Ocado in 2019. He has also held many directorships in various private companies using his expertise in financial strategy to help achieve their growth plans.  
Commenting today, James Dubois, Chairman of the Company, said:
"We are very pleased to be welcoming Gary to our Board. With the planned increase in our activities for 2021 and 2022, his wide experience of financial matters will be of great benefit to the Group.
He brings complementary skills including an understanding of the technical and digital arena, which should enhance our prospects for growing our business while ensuring a steady hand on the financial controls."
Further information in relation to Gary Thorneycroft:
Save for the information above and below, there are no further disclosures to be made in accordance with Rule 17, Schedule 2(g) of the AIM Rules for Companies in respect of the appointment of Gary Thorneycroft.
In addition to his appointment to the Board, Gary Thorneycroft, aged 60, holds or has held the following directorships or partnerships in the past five years: 



Current directorships


Previous directorships




Envirotech Group Ltd


Payment Card Technologies (UK) Ltd




Beyond Organic Ltd


Carpe Diem Group Holdings Limited




Intelligent Foods & Pharma Ltd


Culverden Properties Limited




The Arndale Management Company Limited


Jones Food Company Limited




Payment.Vision Ltd


Danish Pharma ApS




Card.Vision Ltd








Corp.Vision Ltd








Payment Cloud Holdings Ltd








Payment Cloud Technologies Ltd








York Holiday Rentals Limited








Travel Welfare Ltd








Rhodium Capital Ltd








Rhodium Capital Assets LLP








Postilion Capital Limited








Postilion Capital UK LLP








Payment Card Technologies (Retail) Limited








Real Time Accounting Ltd







 

Mr Thorneycroft does not hold any shares in the Company.
Mr Thorneycroft was director of Carpe Diem Group Holdings Ltd, a holding company to Payment Card Technologies (Retail) Limited, from March 2008. The company went into administration in July 2012 and a voluntary liquidator was appointed in July 2013. Priority creditors were paid in full. The company had approximately 18 unsecured creditors with estimated claims of £1.02m, who were not repaid. The company was dissolved following the liquidation in December 2016.
There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
 
Enquiries:
 



Trafalgar Property Group plc
James Dubois
 


+44 (0) 1732 700 000




SPARK Advisory Partners Limited - AIM Nominated Adviser
Matt Davis
 


+44 (0) 203 368 3550




Peterhouse Capital Limited - Broker





  +44 (0) 20 7409 0930




Duncan Vasey/Lucy Williams







 
 
Notes to Editors:
 
Trafalgar Property Group plc
 
For further information visit  www.trafalgarproperty.group
 
 

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