Appointment of non executive director (3652N)
01 9월 2011 - 3:00PM
UK Regulatory
TIDMNGP
RNS Number : 3652N
Niche Group (The) PLC
01 September 2011
Embargoed: 0700hrs 1 September 2011
The Niche Group plc
("Niche" or the "Company")
Appointment of non executive director
Niche, the investment company with interests in oil and gas
exploration and development activities onshore Turkey, is pleased
to announce the appointment of Chris Weafer as a non executive
director of the Company with immediate effect. Chris has a
distinguished 30 year career as a top-ranking strategist and
investment analyst in the upstream oil and gas industry. He is an
expert in strategic analysis and asset selection.
Chris is currently Chief Strategist of UralSib Financial
Corporation, one of Russia's biggest independent financial groups
combining activities in investment, corporate and retail banking,
insurance and asset management. Chris was ranked the number one
Russia markets strategist by the Thomson Extel-Interfax 2007
Survey. Prior to joining UralSib, he held a similar position for
five years with Russia's Alfa Bank.
Earlier in his career Chris was head of equity research in South
East Asia for NatWest Markets, based in Thailand, for two years.
Prior to this he was Senior Investment Manager for the Abu Dhabi
Investment Authority, one of the largest self-managed investment
funds in the world. He held this position for seven years and was
based in Abu Dhabi city. Chris began his career in the investment
industry, specifically in emerging markets, with the Irish Life
Assurance Company in Dublin.
Nigel Little, Chairman, commented,
"I am delighted to welcome Chris Weafer, an expert in the
upstream oil and gas industry, as we seek to develop a board
structure befitting of our investing policy and investments in
Turkish oil and gas exploration and production."
AIM Rules disclosure under Schedule 2(g) of the AIM Rules
There is no other information that is required to be disclosed
with regards to the appointment of Christopher Weafer, aged 55,
pursuant to Schedule 2 paragraph (g) of the AIM Rules, save as set
out below:
Chris Weafer - Current directorships:
None
Christopher Weafer - Past Directorships (five years):
UralSib Capital, Moscow
Alfa Capital, Moscow
Troika Dialogue, Moscow
Enquiries:
The Niche Group plc
Nigel Little or Alistair Stobie
Tel. +44 (0) 203 286 3350
Daniel Stewart & Co. Plc - Nominated Advisor and Joint
Broker
Oliver Rigby
Tel. +44 (0)20 7776 6550
Canaccord Genuity - Joint Broker
Charles Berkeley / Henry Fitzgerald-O'Connor
Tel: +44 (0) 20 7050 6500
M: Communications
Ben Simons
Tel. +44 (0)20 7920 2340
This information is provided by RNS
The company news service from the London Stock Exchange
END
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