Directorate Change
September 01 2009 - 11:04AM
UK Regulatory
TIDMTLI
RNS Number : 3484Y
Alternative Asset Opps PCC Ltd
01 September 2009
1 September 2009
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Alternative Asset Opportunities PCC Limited
(the "Company")
Directorate Change
Following the Company's Extraordinary General Meeting of 28 August 2009, at
which Shareholders approved its conversion to a UK investment trust, the Company
announces the resignations from the Board of Mr Chris Sherwell and Mr Ian
Morris, both of whom are Guernsey resident, with effect from 31 August 2009.The
Board would like to express its thanks for their valuable contributions to the
affairs of the Company during their time as Directors.
The Company also announces with great pleasure the appointment of Mr Saad Zein
to the Board as a UK resident Director, subject to no objection from the
Guernsey Financial Services Commission.
Saad is a Senior Managing Director of Aladdin Capital Management UK LLP. Prior
to joining Aladdin Capital in London Saad's career has been spent as an
investment banker with particular focus on credit markets and structured
products, including US traded life interests. Saad was employed by Dresdner
Kleinwort Wasserstein between 1999 and 2009, where he held a number of senior
positions, including Managing Director of Structured Credit Products in London,
and Head of the Structured Credit Derivatives and Debt Principal Finance groups
in New York.
There are no other details requiring disclosure in respect of this appointment
under paragraph 9.6.13 of the Listing Rules of the FSA.
As announced in the Circular to Shareholders dated 27 July 2009, the Company's
UK tax accounting period commences on 1 September 2009 and, in order to align
the Company's financial accounting period with the UK tax accounting period, for
the current year there will be a 14 month financial accounting period ended 31
August 2009, to be followed by a 10 month financial accounting period ending 30
June 2010.
For further information please contact:
Peter Ames
Director-Investment Trusts
RCM (UK) Limited
00 44 (0)207 065 1517
This information is provided by RNS
The company news service from the London Stock Exchange
END
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