St Peter Port Capital appoints Russel Michel to its Board as Non-Executive Director

– GUERNSEY, St. Peter Port – The St Peter Port Capital Limited (AIM:SPPC), is pleased to announce the appointment of a new director, Russel Michel, who joins the board as a non-executive director with immediate effect.

The Company also wishes to announce that Peter Griffin is stepping down as a director of the Company at this time.

Mr. Michel initially joined the Stenham Group in 1997 as Head of Channel Island operations. He has served as a director of Stenham Asset Management Inc. since November 1997 and Stenham Management Services Limited since inception in 2005 and was appointed Chairman of both companies in 2013. Prior to that he was a director of Lazard Fund Managers Limited and group financial controller at M.D.B. Holdings Limited. Russel is a Chartered Accountant who trained at Reads & Co.

Lynn Bruce, Chairman, commented: “I would like to thank Peter for his valuable contribution to the Company over the years since its inception in 2007 and I wish him well in his retirement. I am also very pleased to welcome Russel to the Board. I believe that he brings new and complementary skills to the Board and will provide valuable insight to help the Company conduct its strategic review.”

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