Sabien Technology Group appoints Cédriane de Boucaud and Marco Nijhof to its Board as Non-Executive Directors

– UK, Maidenhead –  Sabien Technology Group Plc (LON: SNT), the manufacturer and supplier of M2G, an energy efficiency technology, today announced that its Board of Directors has appointed, with immediate effect Cédriane de Boucaud Truell and Marco Nijhof as Non-Executive Directors.

As previously announced on 2 September 2019, the Company had entered into a relationship and lock-in agreement with the Truell Intergenerational Family Limited Partnership Incorporated, pursuant to which TIG currently has the right to appoint two directors to the Board. Cédriane de Boucaud Truell and Marco Nijhof have been nominated by TIG.

Richard Parris, Chairman of Sabien, commented: “The appointments of Cédriane and Marco are key to the next stage of Sabien’s development as a public company. They both bring significant operational, commercial and corporate finance expertise to the Sabien Board and their assistance and support are important to the Company’s future prospects.”

About Cédriane de Boucaud Truell

Cédriane de Boucaud Truell is a founder and senior partner of Disruptive Capital. She holds an MA in Economics and a BA in Economics & Political Science, both from Cornell University and worked subsequently until 1999 as a restructuring and turnaround specialist with PriceWaterhouse in New York and Moscow. Cédriane then worked with a portfolio of early-stage tech companies with a venture capital firm, before raising a technology fund and spinning it out to what became Disruptive Capital Finance in 2009.

Cédriane de Boucaud Truell was a former director of Morgan Everett Limited until February 2012. Morgan Everett, an investee company of the Sustainable Technology Fund, entered into administration in July 2009, and subsequently a creditors voluntary liquidation in February 2012, with an overall deficit to creditors of approximately £1.5 million.

About Marco Peter Nijhof

Marco Peter Nijhof has been a senior executive within the international five-star luxury retail, hotel and hospitality industry, including Jumeirah Hotels in Dubai, Hyatt Hotels & Resorts, Marriott and The Bicester Village Shopping Collection.

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