APQ Global Limited Board Changes (8659B)
15 Junio 2021 - 1:00AM
UK Regulatory
TIDMAPQ
RNS Number : 8659B
APQ Global Limited
15 June 2021
15 June 2021
APQ Global Limited
("APQ Global" or the "Company")
Board Changes
APQ Global Limited, an emerging markets growth company based in
Guernsey, provides a notification of changes to the board of
directors of the Company (the "Board").
Wesley Davis is stepping down from the Board as Finance Director
and will be replaced by Philip Soulsby, currently a Non-Executive
Director and Chairman of the Audit Committee of the Company.
In addition, the Company is pleased to announce the appointment
of Al Wadhah Al Adawi to the Board as Non-Executive Director, with
immediate effect. He will replace Philip Soulsby as Chairman of the
Audit Committee.
Mr Al Adawi has over 20 years' experience within asset
management and equity trading. In 2017, he joined Hydrocarbon
Finder, the oil and gas exploration and development company in
Oman, as Vice Chairman.
Between 2012 and 2017, he was a Portfolio Manager with Harvard
Management Company, Boston, in which he managed a $300 million
Long/Short Emerging Market Portfolio. Prior to this, Wadhah spent 4
years in London with GLG Partners, where he was responsible for
investing and managing Emerging Market equity exposure in both
Long/Short and Long Only strategies. He also has experience in
asset management with Morgan Stanley, EMSO Partners and HSBC. Mr Al
Adawi is a CFA Charter holder.
Bart Turtelboom, CEO of APQ Global, commented:
"I would like to thank Wesley for his service to the Company,
having served as Finance Director on our Board since January 2019
and was a key member of our management team through the challenges
of the pandemic. Philip Soulsby will take on the role as the new
Finance Director, having moved from his role as a Non-Executive
Director on the Board and we are looking forward to working with
him in this new role.
"On behalf of the Board, I would like to welcome Wadhah as a
Non-Executive Director. Wadhah brings a wealth of experience in
emerging markets asset management and I believe he will make a
valuable contribution to APQ".
Additional Information in respect of the AIM Rules
In accordance with Schedule 2 (g) of the AIM Rules, Al Wadhah
Sulaiman Mohamed Al Adawi (aged 41) currently holds the following
directorships:
-- S&T Group
-- Hydrocarbon Finder E and P LLC
-- Oman International Development and Investment Company SAOG (Ominvest)
-- Eastbridge Partners PTE
-- Jabreen Capital
Wadhah Al Adawi has held no previous directorships in the past
five years:
Wadhah Al Adawi does not currently hold any ordinary shares in
the Company.
Save as set out above there are no further disclosures pursuant
to Rule 17 or Schedule 2 (g) of the AIM Rules for Companies in
respect of the appointment of Wadhah Al Adawi.
For further enquiries, please contact:
APQ Global Limited
Bart Turtelboom 020 3478 9708
N+1 Singer - Nominated Adviser
and Broker
James Maxwell / Justin McKeegan
/ Oliver Platts 020 7496 3000
Carey Group - TISE sponsor
Claire Torode 01481 737 279
Investor Relations
IR@APQGlobal.com
Notes to Editors
APQ Global Limited
APQ Global (ticker: APQ LN) is an investment company
incorporated in Guernsey. The Company focuses its investment
activities globally (in Asia, Latin America, Eastern Europe, the
Middle East and Africa, particularly).The objective of the Company
is to steadily grow its earnings to seek to deliver attractive
returns and capital growth through a combination of building
growing businesses as well as earning revenue from income
generating operating activities in capital markets(1.) APQ Global
run a well-diversified and liquid portfolio, take strategic stakes
in selected businesses and plan to take operational control of
companies through the acquisition of minority and majority stakes
in companies with a focus on emerging markets. For more
information, please visit apqglobal.com .
1 Where we refer to revenue from income generating operating
activities this relates to the revenue of our investee
companies.
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END
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