29 March 2019
ETAIREIA INVESTMENTS PLC
("Etaireia" or "the Company")
Directorate Changes and Correction
The Board of Etaireia Plc is delighted to announce the appointment of David Barnett to the Board, with immediate effect.
David Barnett (age 68, Director)
David Barnett is an experienced sales executive. David will join the company
as executive Chairman. He brings over 40 years of business experience to
the Company.
David Barnett current and past (five years) directorships are as follows:
| Current directorships | Past directorships (five years) |
| Globe Capital Ltd | Barnett Fashion Agency Limited |
| Ecovista Plc | Pendleton & Cross Limited |
| David Barnett Consultancy Limited | Stingray Leather Goods UK Limited |
Since David Barnett is being appointed the proposed EGM referred to in the previous announcement will now not take place.
Ian Fallmann has been reinstated as a director of the Company.
The company also announces that Dennis Rogers and Myles Cunliffe are stepping down from their role as a Directors with effect immediately, to pursue commitments outside of the Company.
The Board would like to wish them all the best with their future ventures.
Correction to previous announcement: on March 14th it was announced that two commercial properties in Peterlee have been sold and removed from the balance sheet. This is not the case. The company is still actively working with the mortgagee to resolve the financing of the properties.
Alexander David will also be resigning as the company’s Corporate Advisor and the company is in talks to appoint a new Advisor as soon as possible.
The Directors of the Company accept responsibility for this announcement.
ENDS
Enquiries:
Etaireia Investments Plc
Tel: 07836285536
David Barnett
NEX EXCHANGE CORPORATE ADVISER:
Alexander David Securities Limited
David Scott –Corporate Finance
James Dewhurst – Corporate Broking
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
49 Queen Victoria Street, London EC4N 4SA