Directorate Change (6498R)
November 08 2011 - 2:01AM
UK Regulatory
TIDMWSAG
RNS Number : 6498R
Woodburne Square AG PLC
08 November 2011
08 November 2011
Woodburne Square AG plc (AIM: WSG)
DIRECTORATE CHANGE
The Board of Woodburne Square AG ('Woodburne' or the 'Company'),
the silver and precious metals focused investment company, is
pleased to announce that Gobind Sahney has been appointed as
Non-Executive Director with immediate effect.
Gobind Sahney (aged 49) has a background in corporate finance
and business management, recently becoming the Chairman and
Managing Director of Alpha Universal Management Plc. At Alpha, Mr.
Sahney is involved in the analysis, acquisition, collection, and
disposition of performing and non-performing debt portfolios and
other distressed opportunities for the Company's account and
investors. Prior to AUM, Mr. Sahney, through GO Services LLC and
other proprietary entities acquired over $750 million in distressed
unsecured consumer receivables in the USA, Europe, and UK. Mr.
Sahney serves as Chairman of Receivables Acquisition and Management
Corporation, a debt purchasing platform in runoff. Mr. Sahney also
serves as a Director of Argus Global Holdings Ltd based in London,
UK. At Argus Mr. Sahney established and has oversight of a global
recovery network and investments in international non-performing
loan portfolios.
Additional disclosures pursuant to Schedule 2 (g) of the AIM
Rules:
Current directorships:
Argus Global Limited
Argus Global Holdings Limited
Alpha Universal Management Plc
Receivable Acquisition & Management Corporation (USA)
Past directorships:
Pretium Management Limited
Receivable Acquisition & Liquidation LLC (USA)
GO Services LLC (USA)
There is no other information that is required to be disclosed
with regards to the appointment of Gobind Sahney pursuant to
Schedule 2 paragraph (g) of the AIM Rules.
Enquiries:
Woodburne Square AG plc
Martin Kiersnowski +44 (0) 207 562 3350
Libertas Capital Corporate Finance Limited
Sandy Jamieson +44 (0) 20 569 9650
This information is provided by RNS
The company news service from the London Stock Exchange
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