For immediate release
17 October 2011
Appointment of Director
It is announced that with effect from 17th October 2011 Mr Stephen Coe has been appointed as a Director of The Black Sea Property Fund Limited.
Mr. Coe, 45, qualified as a Chartered Accountant with Price Waterhouse in 1990 and remained in audit practice, specialising in financial services, until 1997. From 1997 to 2003 he was a director of the Bachmann Group of fiduciary companies and Managing Director of Bachmann Fund Administration Limited, a specialist third party fund administration company. Since 2003, Stephen has been a director with Investec in Guernsey and was formerly Managing Director of Investec Trust (Guernsey) Limited prior to becoming self-employed in 2006 providing advisory services to financial services clients. Currently Director and Chairman of the Audit Committee of the following listed companies: Matrix European Real Estate Investment Trust Limited, Kolar Gold plc, Trinity Capital plc and Raven Russia Limited.
Further information:
Mr Coe has held the following directorships during the past five years:
| Current Directorships: | Previous Directorships: |
| ACP Capital Limited | Accelerated Global Growth Basket Limited |
| ACP Capital (Cyprus) Limited | ACP Mezzanine Limited |
| Callidus Holdings PTE | ACP Mezzanine Holdings UK Limited |
| Care Home Properties Limited | Aurora Russia Limited |
| George Street Holdings Pty Limited | East Asian Growth Basket Limited |
| Greenfield Holdings Limited | Enhanced Global Growth Basket Limited |
| Hamilton Corporate Finance (Guernsey) Limited | Euro Asian Basket Limited |
| HCF Guernsey Limited | Global Investment Basket Limited |
| HCHP Limited | Investec Administration Services Limited |
| Healthcare Alpha Limited | Leasecom SA |
| Healthcare Beta Limited | Leopard Astley Limited |
| Healthcare Delta Limited | Matrix Abaco Limited |
| Healthcare Finance Limited | Matrix European Real Estate Sterling Capital Growth Trust Limited |
| Healthcare Holdings Limited | Matrix Juno (Guernsey) Limited |
| Healthcare Property Investments Limited | Matrix Real Estate India Limited |
| Health Care Real Estate Investors Limited | Matrix Property Fund Management (Guernsey) Limited |
| Healthcare Real Estate Holdings Limited | MP Trustees Limited |
| HHL Properties Limited | Optimal Investment Growth Basket Limited |
| HH Properties Limited | Sidra Fund Limited |
| HHLC Limited | Syndicate Asset Management (CI) Limited |
| HIC Limited | Syndicate Nominees (CI) Limited |
| HICS Limited | Synergy Perth Trustee Limited |
| HIHP Limited | |
| IHP Limited | |
| Specialised Care Properties Limited | |
| St Andrews Healthcare PTY | |
| Supported Living Limited | |
| Matrix European Real Estate Investment Trust Limited | |
| Matrix EPH Sarl | |
| Matrix EPH 2 Sarl | |
| Matrix EPH Delta Sarl | |
| Matrix German Portfolio No 1 Frankfurt Sarl | |
| Matrix German Portfolio No 1 Celle Sarl | |
| Matrix German Portfolio No 1 Munster Sarl | |
| Matrix German Portfolio No 1 Dusseldorf Sarl | |
| Matrix German Portfolio No 1 Kaiserslautern Sarl | |
| La Gaude SA | |
| La Gaude Investments | |
| La Gaude Property Sarl | |
| St Laurent de Mure Sarl | |
| Capitalpost Luxembourg Sarl | |
| St Etienne Holdco Sarl | |
| St Etienne Propco Sarl | |
| MEPV Finance Company Sarl | |
| Matrix Austria Holdings One Sarl | |
| Mosaic Property CEE Limited | |
| Polonius Limited | |
| Polonius 2 Limited | |
| Viola Leasing Limited | |
| Data Debt PCC Limited | |
| Building Block Ins PCC Ltd | |
| Totemic Insurance Limited | |
| Raven Russia Limited | |
| Trikona Trinity Capital Plc | |
| Trikona Trinity Capital Mauritius limited | |
| Victoria Capital PCC Limited | |
| Kolar Gold Limited | |
| Matrix European Real Estate Investment Trust Limited | |
| Leopard Holding Guernsey Limited | |
| Leopard Guernsey SBB Limited | |
| Leopard Guernsey Gatwick Limited | |
| Leopard Guernsey Azambuja Limited | |
| Leopard Guernsey Carterton Limited | |
| Leopard Guernsey Doncaster Limited | |
| Leopard Guernsey Halesowen Limited | |
| Leopard Guernsey Germany 1 Limited | |
| Leopard Guernsey Garstang Limited | |
| Leopard Guernsey Germany 2 Limited | |
| Leopard Holding Company S.à r.l | |
| Leopard Holding Germany 1 S.à r.l | |
| LG Master Holding Company sarl | |
| South African Properties Opportunity plc |
Mr Coe currently holds 45,000 ordinary shares in The Black Sea Property Fund Limited, which represents less than 0.1% of issued share capital.
Save as set out above, there is no information specified by paragraph (g) in Schedule Two to the AIM Rules that is required to be disclosed.
Enquiries:
Company Secretary
Saltgate Limited +44 (0) 1534 850750
Nominated Advisor
Singer Capital Markets Limited +44 (0) 203 205 7500
James Maxwell
Nick Donovan