25th Feb 2008 16:42
Princess Private Equity Holding Ltd25 February 2008 News Release Guernsey, 25 February 2008 Ken Ball appointed General Manager of Princess. The Managing Director of Princess Private Equity Holding Limited, Mr BrianHuman, will retire at the end of March 2008. Mr Human has been a ManagingDirector of Princess since November 2003 and the Board believe it is in the bestinterest of the Company to retain his connection with the Company andconsequently he has been invited to remain on the Board as a non executivedirector, which he has accepted. I am pleased to report that Mr Ken Ball will assume the position of GeneralManager at Princess with immediate effect. In this role he will undertake theexecutive functions previously performed by the Managing Director. Mr Ball, aged52, is a resident of Guernsey. He was born in London and educated at DurhamUniversity where he was awarded a B.Sc. Combined Honours. He has experience ofand wide ranging skills in finance, IT, compliance and risk, which will behighly relevant to his new role in Princess. He spent the early part of hiscareer as a Finance Director, working to build his own business in the field ofAdvertising and Marketing, handling the UK affairs for a number of globalpublishers. Following the sale of the business to PubliGroupe Limited Ken movedto Guernsey in 2001 and joined the Guernsey Board of the Channel Islands'leading IT Service Provider. Since March 2004 he has worked with a number ofmajor Guernsey based finance companies, with a focus on providing strategicdirection from an operational perspective. Most recently he served as ComplianceManager for a leading private equity fund administrator. Colin MaltbyChairmanPrincess Private Equity Holding Limited. About Princess: Princess is an investment holding company founded in 1999 and domiciled inGuernsey that invests in private equity and private debt investments. TheCompany is advised in its investment activities by Partners Group, a globalalternative asset management firm listed on the SWX Swiss Exchange (tickersymbol: PGHN) with over CHF 24 billion assets under management in privateequity, private debt, private real estate, listed alternative strategies, hedgefunds and alternative beta strategies. Princess aims to provide shareholderswith long-term capital growth and an attractive dividend yield. Princess istraded on the Frankfurt Stock Exchange (ticker symbol: PEY1) and on the LondonStock Exchange (ticker symbol: PEY). Further information:www.princess-privateequity.net Contacts: Princess Private Equity Holding Limited:Brian HumanManaging DirectorPhone: +44 1481 730 946princess@princess-privateequity.netwww.princess-privateequity.net Media enquiries and Partners Group:Tamara KrebsCommunicationsTel.: +41 41 768 85 [email protected] This document does not constitute an offer to sell or a solicitation of an offerto buy or subscribe for any securities of Princess Private Equity HoldingLimited or any Co-ownership Interests in any jurisdiction. No offer ofsecurities of Princess Private Equity Holding Limited or Co-ownership Interestsis being, or will be, made to the public. The distribution of this document maybe restricted by law in certain jurisdictions. Persons into whose possessionthis document comes must inform themselves about, and observe any suchrestrictions on the distribution of this document. In particular, this documentand the information contained therein is not for distribution or publication,neither directly nor indirectly, in or into the United States of America,Canada, Australia or Japan. Neither the Ordinary Shares nor the Co-ownership Interests have been and will beregistered under the United States Securities Act of 1933 as amended (the''Securities Act''), and, subject to certain exceptions, may not be offered orsold within the United States or to, or for the account or benefit of, USpersons (as such term is defined in the Regulation S under the Securities Act). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Partners Grp E