8th May 2008 11:10
Evolvence India Holdings PLC08 May 2008 RNS For immediate release 8 May 2008 Evolvence India Holdings PLC ("EIH" or the "Company") Appointment of New Board Member Douglas, Isle of Man: 7 May 2008 - Evolvence India Holdings plc ("EIH" or theCompany") (AIM: EIH.L.) is pleased to announce the appointment of Jonathan Brownto its board of directors (the "Board"). An experienced investment banker, Mr. Brown, aged 55, was until recently adirector of corporate finance at Fairfax I.S. Plc, the Company's broker.Formerly he worked for a number of investment banking firms, specialising incorporate finance, and mergers and acquisitions. Prior to that, he heldmanagement roles at the finance divisions of the Ford Motor Company andMcDonnell Douglas. Mr Brown has, in the last five years, been a director of Gonsan Limited, afamily owned company and Inova Holdings plc, where he was a non-executivedirector until June 2007. Mr Brown was a non-executive director of BeaumontTravel Limited from December 1994 until March 1996. Beaumont Travel Limited wasplaced in creditor's voluntary liquidation in April 1996, following a decisionto close the business. In addition, Mr Brown will serve as the Chairman of the EIH Audit committee. There are no further disclosures to be made in accordance with Schedule 2(g) ofthe AIM Rules for Companies. -Ends- About Evolvence India Holding (EIH): EIH is an Isle of Man incorporated, private equity fund of funds holding companyfocused on India. EIH is promoted by Evolvence Capital Ltd, a leadingalternative assets manager in the Middle East and South Asia, focusing onprivate equity, real estate and alternative funds management. EIH invests inIndia through the Evolvence India Fund and the Evolvence India Life SciencesFund and the fund managers' network of relationships. Contacts: Evolvence India Holdings plcKhaled Al Muhairy, Chairman + (971) 4 315 8100 Evolvence CapitalShilpa Mathai, Communications Manager + (971) 4 315 [email protected] Seymour Pierce (Nominated Adviser)Jonathan Wright, Director, Corporate Finance + (44) 20 7107 8000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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