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Appointment of Non-Executive Director

8th Jun 2010 11:30

RNS Number : 2399N
Tejoori Limited
08 June 2010
 



08 June 2010

Tejoori Limited

("Tejoori" or the "Company")

 

Appointment of Director

 

The Board of Tejoori is pleased to announce the appointment of Abdullah Ibrahim Saeed Lootah as a Non-Executive Director of the Company with immediate effect. Abdullah is a member of the highly respected Lootah family in Dubai and has held positions on the Boards of a number of large UAE based property and construction companies. Amongst these is Mr Lootah's current position as Vice Chairman of the Lootah Group of Companies. He is also a committee member of the Building and Civil Construction Group, which was founded by the DCCI (the Dubai Chamber of Commerce) and works with the DCCI on various issues related to construction groups in Dubai.

 

Abdullah has obtained a Bachelors Degree in Business Administration from the Dubai Men's College.

 

Khalid Al Nasser, Chairman of Tejoori, commented "We are delighted to have Mr. Lootah on the Tejoori board. We believe he will be a great asset to the company and his depth of experience will definitely be of added value to us."

 

Abdullah Ibrahim Saeed Lootah (aged 36) is a director of the following companies:

 

Current directorships/partnerships

 

Lootah Group

Global Resources Building Materials PJSC

Building and Civil Construction Group

Omega Engineering LLC

Deyaar Development PJSC

 

Past directorships/partnerships in the last five years

 

None

 

Mr Lootah currently owns 200,000 ordinary shares in Tejoori Limited, equivalent to 0.72 per cent. of the total issued share capital of the Company. There are no further details to be disclosed to be made pursuant to Schedule 2, paragraph (g) or Rule 17 of the AIM Rules for Companies.

 

For further information, please contact:

 

Tejoori Limited

Murad Hussein

 

Tel: +971 433 00994

 

Allenby Capital Limited 

Nick Athanas/James Reeve

 

Tel: +44 (0)203 328 5656

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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