AFI Development PLC AFI Development - Changes to the Board (9365H)
20 11월 2018 - 11:11PM
UK Regulatory
TIDMAFRB TIDMAFID
RNS Number : 9365H
AFI Development PLC
20 November 2018
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION
IN OR INTO THE RUSSIAN FEDERATION, THE UNITED STATES, CANADA,
AUSTRALIA OR JAPAN
AFI DEVELOPMENT PLC
("AFI DEVELOPMENT" OR "THE COMPANY")
Changes to the Board of Directors
London, 20 November 2018 - AFI Development today announces that
on 19 November 2018 its Board of Directors accepted the resignation
of Mr Mark Groysman from the position of Executive Director,
effective 1 December 2018. Mr Groysman's services on the Board were
planned as an interim measure and his resignation follows a new
appointment to the Board. Mr Groysman will continue to serve as the
Chief Executive Officer of AFI RUS LLC.
The Board, at its meeting on 19 November 2018, appointed Mr
Avraham Noach Novogrocki as a Non-Executive Director to replace Mr
Groysman, with such appointment being effective from 1 December
2018.
Mr Novogrocki previously served on the Company's Board between
2012 and 2016. Mr Novogrocki was, until September 2018, CEO of
Africa Israel Investments Ltd (a company listed on the Tel-Aviv
Stock Exchange, Israel). Prior to assuming the CEO role at Africa
Israel Investments Ltd., Mr Novogrocki served as CEO of its
subsidiaries, namely Africa Israel Industries Ltd. (from 2008 to
2012) and Packer Steel Industries Ltd. (from 2007 to 2012), as well
as Deputy CEO and CFO of Africa Israel Industries Ltd. Mr
Novogrocki holds an MBA and a BA in Economics and Business
Administration from the Bar-Ilan University, Israel.
During the 5 years prior to his appointment to the Board of AFI
Development, Mr Novogrocki was a director in Africa-Israel
Residences Ltd., Africa Israel Properties Ltd. and Africa Israel
Industries Ltd., publicly quoted companies on the Tel-Aviv Stock
Exchange, Israel. He also served as a director at Danya Cebus Ltd.,
which was a publicly quoted company on the Tel-Aviv Stock Exchange
until July 2015. He has no unspent convictions in relation to
indictable offences.
While in the role of CEO at Africa Israel Investments Ltd., Mr
Novogrocki was involved in its creditors' arrangement, which
commenced in 2016 and is still ongoing. Details of such arrangement
can be found in a recent financial report published by Africa
Israel Investments Ltd on its website, at
http://www.afigroup-global.com/userfiles/File/Finance%20Docs/2018/Q12018ChapBEng.pdf.
AFI Development accepts no responsibility for the accuracy of
information published by a third party.
There are no further details in respect of Mr Novogrocki
requiring disclosure under Listing Rules 9.6.13(2) to 9.6.13(6)
inclusive.
- ENDS -
For further information, please contact:
AFI Development, +7 495 796 9988
Ilya Kutnov
Citigate Dewe Rogerson, London +44 20 7638 9571
Sandra Novakov
Lucy Eyles
About AFI Development
Established in 2001, AFI Development is one of the leading real
estate development companies operating in Russia.
AFI Development is listed on the Main Market of the London Stock
Exchange and aims to deliver shareholder value through a commitment
to innovation and continuous project development, coupled with the
highest standards of design, construction and quality of customer
service.
AFI Development focuses on developing and redeveloping high
quality commercial and residential real estate assets across
Russia, with Moscow being its main market. The Company's existing
portfolio comprises commercial projects focused on offices,
shopping centers, hotels and mixed-use properties, and residential
projects. AFI Development's strategy is to sell the residential
properties it develops and to either lease the commercial
properties or sell them for a favorable return.
AFI Development is a leading force in urban regeneration,
breathing new life into city squares and neighborhoods and
transforming congested and underdeveloped areas into thriving new
communities. The Company's long-term, large-scale regeneration and
city infrastructure projects establish the necessary groundwork for
the successful launch of commercial and residential properties,
providing a strong base for future.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAMMMZMDGGGRZM
(END) Dow Jones Newswires
November 20, 2018 09:11 ET (14:11 GMT)
Afi Development (LSE:AFRB)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
Afi Development (LSE:AFRB)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024