– GUERNSEY, St. Peter Port – Princess Private Equity Holding (LSE:PEY), announces the following changes to the Board and to the Audit, Risk & Management Engagement Committee.
Mr. Human will stand down as Chairman at the end of August and retire from the Board at the end of November 2018, allowing time for an orderly succession. Mr. Battey, who has served on the Board since 2009 and currently chairs the AR&ME Committee, will succeed Mr. Human as Chairman.
Mr. Battey has stepped down as Chairman of the AR&ME Committee and Mr. Le Page has been appointed as Chairman of the AR&ME Committee. Mr. Le Page, who was appointed to the Board in October 2017, brings a wealth of relevant experience to the role, having formerly been a senior partner at PricewaterhouseCoopers CI LLP in Guernsey.
Mr. Dunlop has resigned as a director of the Company, having served on the Board since 2009. Mr. Human, Chairman, comments: “On behalf of the Board, I would like to thank Fergus for his valued and diligent service to the Board, especially in the area of risk management, over the past nine years.”
Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is advised in its investment activities by Partners Group, a global private markets investment management firm with EUR 61.9 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the London Stock Exchange (ticker symbols: PEY for the Euro quote; PEYS for the Sterling quote).
For more information : http://www.princess-privateequity.net
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