24th Jul 2017 16:24
24 July 2017
GBGI Limited ("GBGI" or the "Company")
Appointment of Non-Executive Director
GBGI Limited (AIM:GBGI), a leading integrated provider of international benefits insurance, is pleased to announce the appointment of Mr. Douglas Byron Trussler to the Board of Directors of the Company, with immediate effect.
Douglas Trussler is a Partner of Bison Capital Equity Partners, LLC ("Bison Capital") which he co-founded in 2001. Previously, he was at Windward Capital Partners LP, and at Credit Suisse First Boston. He has extensive experience in investing in growth companies and supporting entrepreneurial management teams to build long term value.
Pursuant to the Relationship Agreement entered into between Bison Capital Equity Partners III-B L.P. , the Bison Capital fund which owns the shares in the Company, and the Company on 20 February 2017, as disclosed in the Company's Admission Document, Bison Capital is entitled to appoint one non-executive director to the Board.
GBGI Chairman Bill Ward commented: "We are delighted to welcome Doug as the representative of Bison Capital to the Board of Directors. Bison Capital has been a longstanding shareholder and we look forward to continuing to benefit from their expertise and guidance."
Douglas Trussler, aged 46, in a personal capacity holds zero ordinary shares in GBGI Limited. Douglas Trussler is Partner of Bison Capital Equity Partners III-B L.P., which holds 25,417,650 ordinary shares, representing 29.2% of the issued share capital of the Company.
Save, as set out below, there are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the appointment.
Douglas Trussler holds or has held the following directorships within the last 5 years:
Current appointments |
Bison Capital Asset Management, LLC |
Bison Capital Equity Partners II-A, L.P. |
Bison Capital Equity Partners II-B, L.P. |
Bison Capital Equity Partners III-B, L.P. |
Bison Capital Equity Partners, LLC |
Bison Capital Partners GP, LLC |
Bison Capital Partners II, LLC |
Bison Capital Partners III, LLC |
Bison Capital Partners IV GP, L.P. |
Bison Capital Partners IV, L.P. |
Bison Capital Partners V GP, L.P. |
Bison Capital Partners V, L.P. |
Bison Capital Partners V-A, L.P. |
Bison Capital Structured Equity Partners, LLC |
Bison Molokai, LLC |
Bison Molokai II, LLC |
Advantmed Blocker Corp |
Cartasite Blocker Corp. |
Clinical Research Laboratories, LLC |
CRL Blocker Corp. |
CutisCare Blocker Corp. |
Ease Entertainment Services, LLC |
FinFit, LLC |
indie/semi Blocker Corp. |
MV Tech Blocker Corp |
MVConnect, LLC |
Performance Team Freight Systems LLC |
Performance Team Freight Systems, Inc. |
Sentinel Holdings Blocker Corp |
Sentinel Offender Services, LLC |
SolarSilicon Recycling Services, LLC |
SRS Blocker Corp. |
United Therapies Blocker Corp. |
United Therapies Holdings, LLC |
Appointments in past five years |
GTS Holdings, Inc. |
Fyfe Group, LLC |
Big Rock Sports, LLC |
Weststar TV Ltd. |
KeyTech Limited |
Saxton Lane Limited |
BOTCAT Holdings Ltd. |
Enquiries:
Canaccord Genuity (Nominated Adviser, Financial Adviser and Broker)
Sunil Duggal
Andrew Buchanan
Emma Gabriel
+44 (0)20 7523 8000
Instinctif Partners (Financial PR)
Giles Stewart or Lewis Hill
+44 20 7457 2020
Related Shares:
GBGI.L