Reconstruction Capital II appoints Martin Derbyshire to its Board as Non-Executive Director

– CAYMAN ISLANDS, Grand Cayman – Reconstruction Capital II Limited (AIM:RC2), announces the appointment of Martin Derbyshire as a Non-Executive Director of the Company, with immediate effect.

Martin is an executive Director of the international trust, fund and corporate service provider SMP Group Limited, and sits on the board of a number of its regulated operational subsidiaries. The Group is headquartered in the Isle of Man with offices in Switzerland, Hong Kong, Malta, Jersey, Bahamas and the Cayman Islands. He originally started work for the Group in London in 1994, before relocating to the Isle of Man in 1997, and was appointed to the main board in 2005. He was a member of the management buyout team that acquired the Isle of Man business from the Fortis trust, banking and insurance group in 2007. He is involved on a day-to-day basis in the management of trust and corporate business for clients of the group and is regularly engaged to sit on the boards of a diverse range of businesses building experience in a number of sectors.

Mr Derbyshire is appointed to the board as a Director connected to Mr Ion Florescu pursuant to the relationship agreement dated 3 October 2014.

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