Bagir Group Ltd Result of AGM and Directorate Change (3064H)

TIDMBAGR

RNS Number : 3064H

Bagir Group Ltd

06 June 2017

6 June 2017

Bagir Group Limited

("Bagir" or the "Company")

Results of AGM and Directorate Change

Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring, is pleased to announce that at the Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed.

Consequently, the Company can now confirm the appointment with immediate effect of Jonathan Feldman as the Company's second external Non-Executive Director. Pursuant to Israeli Companies Law the Company is required to approve the nomination of an external (independent) director for an initial term of three years at an AGM.

Jonathan is Joint Managing Director of Global Mutual Properties ltd, specialists in the asset management of and investment in, retail and leisure centres, offices and industrial complexes across Europe. Prior to Global Mutual, Jonathan was Joint Managing Director of Jayroma London Limited, a UK based international clothing manufacturer. Jonathan qualified as a member of the Royal Institution of Chartered Surveyors and was a senior surveyor with Hillier Parker Chartered Surveyors (now CB Richard Ellis), specialising in retail.

Following the AGM, Bagir confirms that Donald Stewart has now stepped down as a Non-Executive Director.

Tessa Laws, Chairman of Bagir Group Limited, said "On behalf of the Board, I would like to thank Donald for his contribution to Bagir over the last few years. His experience and insight has been invaluable to us, particularly during our restructuring process."

Enquiries:

 
 Bagir Group Limited 
  Eran Itzhak, Chief Executive Officer      +44 (0) 1483 
  Udi Cohen, Chief Financial Officer              751577 
 N+1 Singer (Nominated Adviser & 
  Broker)                                 +44 (0)20 7496 
  Alex Price                                        3000 
 Novella Communications (Financial 
  PR) 
  Tim Robertson                           +44 (0)20 3151 
  Toby Andrews                                      7008

Regulatory disclosures

Pursuant to Schedule 2 (g) of the AIM Rules for Companies the following is disclosed in relation to Mr Jonathan Feldman:

Mr Jonathan Paul Feldman (aged 48) holds or has held the following Directorships or Partnerships in the past five years:

 
 Current Directorship          Directorships and partnerships 
  and partnerships held         held in the last 5 years 
 Brandmead Limited             Eagle-Eye Services Limited 
  Global Mutual Properties      Finchley Road Property Investments 
  Limited                       Limited 
  Global Property Management    Global Mutual Retail Limited 
  Services Limited              Sheldon Farm Limited 
  GM Ground Rents LLP 
  Magnus Real Estate 
  Limited 
  The Happy Tenant Company 
  Limited 
  Value Property Partners 
  US Limited 
  VPP1 Limited

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 06, 2017 08:28 ET (12:28 GMT)

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