19th Nov 2008 07:00
19 November 2008
RAVEN RUSSIA LIMITED
("the Company")
Director Appointment
The Company is pleased to confirm the appointment of Colin Andrew Smith, aged 39, as Executive Director and Chief Operating Officer, as stated in the Circular dated 30 July 2008 regarding the internalisation of its property management company (the "Internalisation").
Colin, a Guernsey resident who has been a senior executive of the Company for a year, was appointed to the Board on 14 November 2008. He has acted as a key liaison between Raven Russia's non-executive board of directors and its service providers, including the property advisor and administrators in Guernsey and Cyprus.
Prior to joining the Company, he was a director in the audit and assurance division of the chartered accountant practice of BDO in Guernsey. He was with BDO since 1994, having qualified as a chartered accountant with Stoy Hayward's Glasgow office. He is also a non-executive director and chairman of the audit committee of Tethys Petroleum Limited and a non-executive director of the Da Vinci CIS Private Sector Growth fund Limited.
Richard Jewson, Chairman of Raven Russia, commented:
"We are delighted to welcome Colin to the board. Since joining the Company he has made an invaluable contribution and with the proposed Internalisation, it is appropriate that he joins the board and takes on the role of Chief Operating Officer."
All definitions contained herein are as set out in the Circular.
The full list of Colin's current directorships is as follows:
Tethys Petroleum Limited
Da Vinci CIS Private Sector Growth Fund Limited
Kraken Commercial Property Fund plc
KG Property Limited
K&M (IOM) Limited
LLC Logopark Don
LLC Logopark Irtysh
LLC Logopark Oka
LLC Logopark Ufa
LLC Logopark Щи
LLC Logopark Amur
LLC Logopark Svisloch
LLC Noginsk-Vostok
Aimthorn Ltd
Addup Investments Ltd
Mensazo Trading Ltd
Damicon Holdings Ltd
Piney Ltd
RR Acquisition (Southern) Company (Cyprus) Ltd
RR Acquisition (Baltia) Company Ltd
Deanspar Holdings Ltd
Nenning Ltd
Transboro Ltd
Leifer Investments Ltd
Aimtone Ltd
LC Kalyinovka Enterprises Ltd
Raven Russia Management Company (Cyprus) Ltd
Megalogix Management Company (Cyprus) Ltd
Megalogix Ltd
Bluebeen Ltd
Quelo Ltd
Carliga Holdings Ltd
Becolana Holdings Ltd
Roslogistics Holdings (Russia) Ltd
Gilmoreton Ltd
The full list of Colin's previous directorships in the last five years is as follows:
Cript Holdings Limited
BDO Novus Limited
BDO Novus (Audit) Limited
Ibex Systems (CI) Limited
Ibex Systems Guernsey Limited
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Enquiries
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Bell Pottinger Corporate & Financial |
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Mike Davies / Andrew Benbow |
Tel: +44 (0)20 7861 3232 |
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Numis Securities Limited |
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Nick Westlake (NOMAD) / Nick Harland |
Tel: +44 (0)20 7260 1000 |
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