International Public Partnership Ld Appointment to the Board (6920M)
August 29 2013 - 2:03AM
UK Regulatory
TIDMINPP
RNS Number : 6920M
International Public Partnership Ld
29 August 2013
29 August 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM
ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED
Appointment to the Board
In accordance with Listing Rule 9.6.11, International Public
Partnerships Limited (the "Company", "INPP") announces that John
Stares has been appointed to the Board of Directors of the Company
as a non-executive director with effect from 28 August 2013.
Mr Stares has advised the Company that no details require to be
disclosed under Listing Rule 9.6.13.
Keith Dorrian, Chairman, said "We are delighted to welcome John
to the INPP Board and we are sure that his wide range of experience
and appropriate qualifications will complement the Board. Following
my decision not to stand for re-election next June the independent
Directors, under the chairmanship of Rupert Dorey, researched the
offshore market and out of a significant number of potential
directors with appropriate experience a short list of 4 were
selected and a number of interviews took place culminating in the
appointment of John. During the coming period John will receive
induction training and I am sure that by the time of my departure
he will be a fully integrated and productive member of the
Board."
Biography for John Stares
John Stares, 62, has over 30 years business experience.
Since moving to Guernsey in 2001, he has taken on a portfolio of
roles which currently includes Chair of the JT Group (formerly
Jersey Telecoms), Non-Executive Directorships with Jersey
Electricity plc and the Guernsey entities of Terra Firma as well as
Trustee roles with a School, Arts Foundation and NPC. He has also
completed a 10-year term as the Managing Director of Guernsey
Enterprise Agency and 5-year terms as a Non-Executive Consultant to
the Ogier Group and a Non-Executive Director of Aurigny
Airlines.
Between 1978 and 2001 John was with Accenture. During that
period, he worked as a consultant with major clients in most
industry sectors. John became a partner in 1986 and during his
15-year tenure ending in 2001 he also held a wide variety of
leadership roles in Accenture's Canadian, European and Global
businesses.
John is a graduate of Imperial College London, a Chartered
Accountant and a Member of the Worshipful Company of Management
Consultants.
For further information:
Erica Sibree +44 (0)20 7939 0558
Amber Fund Management Limited
Nick Westlake/Hugh Jonathan +44 (0)20 7260 1345/1263
Numis Securities
Ed Berry/Harry Stein +44 (0)20 7269 7297/7141
FTI Consulting
About International Public Partnerships (INPP):
International Public Partnerships (INPP) is a listed
infrastructure investment company which invests in global public
infrastructure projects developed under the public private
partnerships (PPP), private finance initiative (PFI), regulated
asset and other similar procurement methods.
Listed in 2006, INPP is a long-term investor in 122 social and
transport infrastructure projects, including schools, hospitals,
courts, police headquarters, transport and utility and transmission
projects in the U.K., Europe, Australia and Canada. INPP seeks to
provide its shareholders with both a long-term yield and capital
growth through investment across both construction and operational
phases of 25-40 year concessions.
Amber Infrastructure Group (Amber) is the Investment Advisor to
INPP and consists of around 70 dedicated staff who manage, advise
on and originate projects for INPP.
Visit the INPP website at
www.internationalpublicpartnerships.com for more information.
Disclaimer
Nothing in this press release is intended as an offer to sell or
a solicitation of an offer to buy any securities. An investment in
International Public Partnerships Limited (the "Company") carries
certain risks and past performance cannot be relied on as a guide
to future performance.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAUWSBRORAWUAR
International Public Par... (LSE:INPP)
Historical Stock Chart
From Jun 2024 to Jul 2024
International Public Par... (LSE:INPP)
Historical Stock Chart
From Jul 2023 to Jul 2024