3rd Mar 2014 14:35
Masawara PLC
("Masawara", "the Company")
Directorate Change
The Directors of Masawara Plc (Masawara) are pleased to announce the appointment of Stephen Folland (aged 56) as a non-executive director of the Company with immediate effect.
Stephen is a Fellow of the Institute of Chartered Secretaries and Administrators and an Associate of the Chartered Institute of Bankers. Stephen has extensive experience in corporate administration spanning more than 20 years, particularly in asset and fund management. Stephen started his career in 1989 with Sinclair Henderson Limited (now Capita Sinclair Henderson Limited) overseeing the secretariat and corporate administration portfolio. Between June 1996 and July 2005 he was a divisional director of Aberdeen Asset Management PLC and sat on the boards of several quoted investment companies. Between September 2005 and December 2007 he was a Vice President in Jersey of a Swiss private bank, Lombard Odier Darier Hentsch (Jersey) Limited and continued to serve as a director of various investment companies. Stephen is currently an independent non-executive director on a number of boards of Jersey domiciled companies and is a consultant on corporate administration in Jersey.
Stephen was born in 1957, and currently resides in Jersey. He sits on the boards of a number of well-established asset and fund management firms, including the Lyxor Jersey hedge fund platform, a debt fund advised by Intermediate Capital Group plc, and the Lombard Odier Infrastructure Fund GP Limited.
David Suratgar, Chairman of Masawara, commented; "we are pleased that Stephen has joined our Board. His knowledge of Jersey and experience in corporate administration and fund and asset management will be invaluable to the Board".
Stephen Folland is or has been director of the following companies within the previous 5 years:
| Past Directorships (Past 5 Years): | ||
Folat Pension Limited | Aberdeen Asset Managers Limited | ||
LODH Infrastructure GP Limited | REO Luxembourg S.a.r.l. | ||
ICG Europe Fund V GP Limited | The Technology & Income Trust Limited | ||
ICG Europe Fund V Jersey Limited | Technology & Income ZDP Limited | ||
ICG EFV MLP Limited | The American Investment Trust Limited | ||
ICG EFV MLP GP Limited | American ZDP Limited | ||
Lyxor/Black Diamond Arbitrage Fund Limited | Aberdeen Accumulation Fund PLC | ||
Lyxor Global Index Tracker Fund Limited | Aberdeen International Fund PLC | ||
Lyxor/Henderson AlphaGen Octanis Fund Limited | Aberdeen Asset Managers Jersey Limited | ||
Lyxor/US Intrinsic Value Fund Limited | LODH Delta Explorer GP Limited | ||
Lyxor/SWMC European Fund Limited | DZ Umbrella Fund Limited | ||
Lyxor/Ellington Fund Limited | Médicis Fund Limited | ||
Lyxor/Jana Partners Fund Limited | SAM-Gatehouse Islamic Water Fund Limited | ||
Lyxor/TrT Enhanced Fund Limited | Q Resources PLC (previously called Raiko Resources Limited) | ||
Lyxor Struct Tracker Fund Limited | MR 101 Limited | ||
Lyxor/Trigon Macro Fund Limited | Lyxor/Coriolis Tramontane Fund Limited | ||
Lyxor/CFM Discus Fund Limited | Brick Forex Fund Limited | ||
Lyxor/Quest Fund Limited | Lyxor/AJO Dollar-Neutral Long/Short Fund Limited | ||
Lyxor/Odyssey Value Fund Limited | Lyxor/Rab Japan Fund Limited | ||
Lyxor/IKOS Financial Fund Limited | Lyxor/Structured Market Neutral Fund Limited | ||
Lyxor/Island Drive Offshore Fund Limited | Lyxor/Rogge Sion Hall Enhanced Income Fund Limited | ||
Lyxor/Jupiter Europa Hedge Fund Limited | Atlas Capital Protected Fund Limited | ||
Lyxor Short Term Sterling Fund Limited | Lyxor/Blue Sigma Fund Limited | ||
Lyxor/Coast Diversified Master Fund Limited | Lyxor/Capstone Vega Shield Fund Limited | ||
Lyxor/Sabre Style Arbitrage Fund Limited | Lyxor/Deephaven International Volatility Strategies Fund Limited | ||
Lyxor/Pramerica Relative Value Fund Limited | White Symphony 02 PCC | ||
Lyxor/Bridgewater Fund Limited | White Symphony 02 USD PC | ||
Lyxor/Zebra Global Liquidity Arbitrage Fund Limited | Lyxor/Selectium Europe Fund Limited | ||
Lyxor/GAM Global Rates Hedge Fund Limited | Lyxor/Gartmore European Long/Short Fund Limited | ||
Lyxor/Chesapeake Fund Limited | Lyxor/Woodallen Revolution Fund Ltd | ||
Lyxor/Scott's Cove Special Credits Fund Limited | Lyxor/Fursa European Event Driven Fund Limited | ||
Lyxor/Paulson Advantage Fund Limited | Lyxor/Incremental Fund Limited | ||
Lyxor/Altis Fund Limited | Lyxor/Pepin Fund Limited | ||
Lyxor/Armajaro Commodities Fund Limited | Lyxor/Aspect European Equity Fund Limited | ||
Lyxor/GLG Pan European Equity Fund Limited | Lyxor/DS International Fund Limited | ||
Lyxor/River Fund Limited | Lyxor/Dickstein International Fund Limited | ||
Lyxor/River Fund Limited - Foundation Class | Lyxor/Duet Global Opportunities Fund Limited | ||
Lyxor/River Fund Limited - Next Level 2004-2 Class | Lyxor/Linnaeus Fund Limited | ||
Lyxor/River Fund Limited - Next Level 2004 Class | Lyxor/Newgate Fund Limited | ||
Lyxor/River Fund Limited - Dynamic Dispersion Class | Lyxor/Templeton Global L/S Fund Limited | ||
Lyxor/River Fund Limited - Next Level 2004-3 Class | Lyxor/Forum Absolute Return Fund Limited | ||
Alternative Leveraged Index Fund Limited | Lyxor/GTAA Fund Limited | ||
Lyxor/Observatory Credit Markets Fund Limited | Lyxor/WoodAllen Global Fund Limited | ||
Lyxor/Marshall Wace TOPS European Fund Limited | Lyxor/High Point Offshore Fund Limited | ||
Titan Fund Limited | Lyxor/Basswood Opportunity Fund Limited | ||
Lyxor PCC | Lyxor/Context Fund Limited | ||
Quantic Low Vol Fund PC | Lyxor/Gaia II Fund Limited | ||
Quantic Progressive Fund PC | Lyxor/Meyer Fund Limited | ||
Quantic Advanced Fund PC | Lyxor/PRS Convertible Fund Limited | ||
Lyxor/Lazard Rathmore Fund Limited | Lyxor/River Fund Limited - Forex/Equity Correlation 2006 Class | ||
Lyxor Hedge Index Tracker PCC | Brick Convertible Arbitrage Fund Limited | ||
Lyxor Distressed Securities Tracker PC | Brick CTA Fund Limited | ||
Lyxor Emerging Markets Tracker PC | Brick Event Driven Fund Limited | ||
Lyxor CTA Short Term Tracker PC | Brick Global Macro Fund Limited | ||
Lyxor CTA Long Term Tracker PC | Brick L/S Equity Fund Limited | ||
Lyxor Global Macro Tracker PC | Brick L/S Equity Long Bias Fund Limited | ||
Lyxor L/S Credit Arbitrage Tracker PC | Brick L/S Equity Market Neutral Fund Limited | ||
Lyxor Fixed Income Arbitrage Tracker PC | PG Prime Series Fund Limited | ||
Lyxor Convertible Bonds Arbitrage Tracker PC | Lyxor/Abingdon Capital US Value Fund Limited | ||
Lyxor Merger Arbitrage Tracker PC | Lyxor/Boston Partners Long/Short Fund Limited | ||
Lyxor Special Situations Tracker PC | Lyxor/Hyman Beck Fasttrac Fund Limited | ||
Lyxor L/S Equity Statistical Arbitrage Tracker PC | Lyxor/WPG Convertible Arbitrage Overseas Fund Limited | ||
Lyxor L/S Equity Market Neutral Tracker PC | Lyxor/FX Concepts DMC Fund Limited | ||
Lyxor L/S Equity Short Bias Tracker PC | Lyxor/Giano Capital Fund Limited | ||
Lyxor L/S Equity Long Bias Tracker PC | Lyxor/Balboa Fund Limited | ||
Lyxor L/S Equity Variable Bias Tracker PC | Lyxor/New Star European Hedge Fund Limited | ||
Lyxor Hedge Funds Tracker PC | Lyxor/TGM Eagle Fund Limited | ||
Lyxor Elite Fund 2008 Limited | Lyxor/Alfanar Capital Protected 2007 Fund Limited | ||
Londinium Opportunity Fund Limited | Lyxor/Alfanar Capital Protected 2007 Series #2 Fund Limited | ||
Lyxor Focus Fund (GBP) Limited | Lyxor/Metropolitan Capital Advisors International Fund Limited | ||
White Symphony Dynamics (SG PB Suisse) Fund Limited | Lyxor/Muzinich Hedgeyield Fund Limited | ||
Lyxor/FX Concepts GCP Fund Limited | Lyxor/NWI Emerging Market Fixed Income Fund Limited | ||
GT Multihedge Fund Limited | Lyxor/Appleton Fund Limited | ||
Lyxor/Northwood European Fund Limited | Lyxor/Gems Bond Fund Limited | ||
Performa Fund Limited | Lyxor/Oracle Global Healthcare Offshore Fund Limited | ||
LIA Strategic Equity Acquisition Fund Limited | Lyxor/Cornerstone International Value Fund Limited | ||
GT Condor Fund Limited | Lyxor/UC Financials Fund Limited | ||
LYXOR CrossRoads PCC | Lyxor/Para International Fund Limited | ||
Equity Plus PC | Lyxor/Old Mutual Gem Plus Fund Limited | ||
Multi Asset Plus PC | Lyxor/Pegasus Fund Limited | ||
Lyxor/Acorn Ultra ARS Fund Limited | Lyxor/Jandakot Fund Limited | ||
Lyxor TSC PCC | Lyxor/Candela Fund Limited | ||
Pop Event Arbitrage Fund PC | Lyxor/Rhicon Fund Limited | ||
Lyxor/GLG European Opportunity Fund Limited | Lyxor/BAM Total Return Fund Limited | ||
Lyxor US Liquidity Fund Limited | Lyxor/Pequot International Fund Limited | ||
Lyxor/Marathon Distressed Opportunities Fund Limited | Lyxor/Globalis Fund Limited | ||
Lyxor/Tudor Momentum Fund Limited | Lyxor Elite Instit. Fund 2008 Limited | ||
Lyxor Permal Low Volatility Fund Limited | Lyxor/Martin Currie Asia AR Fund Limited | ||
Lyxor Permal Macro Fund Limited | Lyxor/Zola Fund Limited | ||
Lyxor Planet Alternative Fund Limited | Lyxor/PSAM Europe Fund Limited | ||
Lyxor/Ellington Quantitative Equity Fund Limited | Lyxor/Gartmore Pacific and Global Emerging Fund Limited | ||
Lyxor/Centaurus International Risk Arbitrage Fund Limited | Lyxor/Fursa Rediscovered Opportunities Fund Limited | ||
Brilliance Adaptive Trading Fund PC | Lyxor/Julius Baer Diversified Fixed Income Fund Limited | ||
Pristine Multi-Manager Fund Limited | Lyxor/Frontpoint Brookville Credit Opportunities Fund Limited | ||
Lyxor/GLC Gestalt Fund Limited | Lyxor/Inflective Convertible Fund Limited | ||
Lyxor/Lynx Fund Limited | SwissGuard Multi-Strategy Fund Limited | ||
Lyxor Seed Fund PCC | Multimanager Opportunity Fund Limited | ||
Diversified Seed PC | Lyxor StarHedge Master Fund Limited | ||
Legacy Seed PC | Phanar Alternative Selection Fund Limited | ||
New Platine PC | Lyxor/AM Investment Fund Limited | ||
Lyxor/AB Pyrander Equity Growth Fund Limited | Lyxor/Fall River Fund Limited | ||
Lyxor/Halcyon Fund Limited | Lyxor/Centaurus Event Driven Fund Limited | ||
Lyxor Credit Strategies Tracker PC | Lyxor/Sofaer Capital Asian Hedge Fund Limited | ||
Lyxor Top 10 Tracker PC | Lyxor/Ecofin Global Utilities Hedge Fund Limited | ||
Lyxor/Traxis Emerging Markets Opportunities Fund Limited | Lyxor/Trafalgar Catalyst Fund Limited | ||
Lyxor Paulson Event Driven Fund 1 Limited | Lyxor/CRM Windridge Fund Limited | ||
Lyxor Insurance Only Fund PCC | Lyxor/Gartmore Global Long/Short Fund Limited | ||
Lyxor Insurance Only Macro Fund PC | Lyxor/Hilltop Park Fund Limited | ||
Lyxor/Caxton Hawk Fund Limited | Lyxor/Gartmore Quantitative Long-Short Fund Limited | ||
Perseu Global Fund Ltd | Lyxor/Camargue Equity Fund Limited | ||
Lyxor/GLG Emerging Equity Fund Limited | Lyxor/PJM Fund Limited | ||
Lyxor/Kaiser 2X Fund Limited | Lyxor/Global Advisors Fund Limited | ||
Perenco Finvest Fund Limited | Lyxor/Pioneer Long/Short European Equity Fund Limited | ||
Al-Yumna PCC | Lyxor/Martin Currie China Dragon Fund Limited | ||
AUB Al Hilal Islamic PC | Lyxor/Avesta Fund Limited | ||
Lyxor/Visium Institutional Partners Fund Limited | Lyxor/Apollo Distressed Fund Limited | ||
Lyxor/BlackRock EOS Equity Market Neutral Fund Limited | Lyxor/Mariner Silvermine Fund Limited | ||
Lyxor/QIC Global Fixed Interest Alpha Fund Limited | Lyxor/Millburn Multi-Markets Fund Limited | ||
Lyxor/Martin Currie Europe Fund Limited | Lyxor/Longacre Special Equities Offshore Fund Limited | ||
Lyxor/Advent Global Opportunity Fund Limited | Lyxor/Newsmith UK Hedge Fund Limited | ||
IVC Ascent Fund PCC | Lyxor AIML Fund Limited | ||
Sunrise Focus Fund Limited | Quantitative Research Weekly CTA Fund Limited | ||
The IVC Ascent II Master Fund PC | Lyxor/Eagle Yield Fund Limited | ||
The IVC Ascent Master Fund PC | Lyxor/Credaris Credit Fund Limited | ||
Lyxor/Tremblant Long Short Equity Fund Limited | MENASA Equity Opportunities Fund Limited | ||
Lyxor/Ortus Fund Limited | Lyxor/Henderson Alphagen Hokuto Fund Limited | ||
Lyxor/Lynx NF Master Fund Limited |
Stephen Folland does not hold any interest in ordinary shares in the capital of the Company. There are no other disclosures required under Schedule 2 paragraph (g) of the AIM rules in respect of Stephen.
Contact details
Masawara PLC:
Oliver Lutz/Pride Masamba +263 4 751805 (of Masawara Zimbabwe (Private) Limited, the Company's Investment Advisor in Zimbabwe)
Cenkos Securities plc (Nominated adviser and broker):
Nicholas Wells/Max Hartley +44 20 7397 8900
Related Shares:
Masawara