RESIGNATION, APPOINTMENT AND COMPOSITION OF AUDIT …€¦ · University. He has been employed in...
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0091/00021916/en Change of composition of the directors / senior directors (Resignation/ Appointment) ACTIBOND GROWTH FUND PUBLIC COMPANY LTD ACT RESIGNATION, APPOINTMENT AND COMPOSITION OF AUDIT COMMITTEE Please see attached. Attachments: 1. ACTIBOND - Announcement 2. ACTIBOND - CSE Forms 3. ACTIBOND - CV Michael Loizou 4. ACTIBOND - CV Nearchos Petrides Regulated Publication Date: 01/12/2017
Transcript of RESIGNATION, APPOINTMENT AND COMPOSITION OF AUDIT …€¦ · University. He has been employed in...
0091/00021916/en
Change of composition of the directors / senior directors (Resignation/ Appointment)
ACTIBOND GROWTH FUND PUBLIC COMPANY LTD
ACT
RESIGNATION, APPOINTMENT AND COMPOSITION OF AUDIT COMMITTEE
Please see attached.
Attachments: 1. ACTIBOND - Announcement 2. ACTIBOND - CSE Forms 3. ACTIBOND - CV Michael Loizou 4. ACTIBOND - CV Nearchos Petrides
Regulated
Publication Date: 01/12/2017
Actibond Growth Fund Ltd 30 November 2017
ANNOUNCEMENT Re: Resignation of Mr. Demetris Petrides, Appointment of Messrs Michael Loizou and Nearchos
Petrides to the Board of Directors of the Company and Composition of Audit Committee Actibond Growth Fund Public Company Ltd (the “Company”, “ACTIBOND”) announces the following: 1. The resignation of Mr. Demetris Petrides from the position of Director of the Company with immediate effect due to other increased professional obligations. 2. The composition of the Audit Committee of the Company’s Board of Directors, in accordance with
article 78 of the Auditors Law of 2017 (the “Committee”) and, in view of staffing the Committee, the appointment of new Directors, Messrs Michael Loizou and Nearchos Petrides, to the positions of Non-Executive, Independent Directors of the Company.
The Committee shall comprise the following persons:
Mr. Michael Loizou, appointed Chairman of the Committee, and
Mr. Nearchos Petrides, Member of the Committee. Mr. Loizou holds the professional title of ACCA and a BSc Hons in Accounting from Oxford Brookes University. He has been employed in the audit and tax department of an audit firm since 2008. He is a member of ACCA and the Institute of Certified Public Accountants of Cyprus. Mr. Petrides graduated from the University of Nottingham of England and Malaysia and is a holder of a BSc (Hons) in Finance, Accounting and Management. He is a member of the Institute of Chartered Accountants in England and Wales since 2015. Mr. Petrides is employed in a company listed on the Cyprus Stock Exchange since 2015 and today is an Executive Officer of this company. The appointment of Messrs Michael Loizou and Nearchos Petrides to the above positions is deemed important in strengthening the Board of Directors and staffing the Committee. The Board of Directors welcomes its new members, Messrs Loizou and Petrides, and wishes them every success in their new duties. In addition, the members of the Board of Directors thanked Mr. Demetris Petrides for his long-term and valuable contribution to the Company. Prusec Limited Secretary
THE CYPRUS STOCK EXCHANGE LAW OF 2007
Notification of appointment, resignation, or movement to the position of President or
member of Board of Directors, the General Manager, the Financial Controller, the
Auditor, or Head of Accounting Department according to Article 135 (2)
Name of Issuer: ACTIBOND GROWTH FUND PUBLIC COMPANY LTD
Submitted by: PRUSEC LIMITED
Address: 6, THEOTOKI STR., 1055 NICOSIA
To the Cyprus Stock Exchange Council
Name Position Date of Resignation
DEMETRIS PETRIDES
BOARD MEMBER
30.11.2017
INFORMATION CONCERNING NEW OFFICER
Name
Position of Member – Independence (e.g. Member, Non Executive – Independent)
Profession Date of
Appointment
SECURITIES OWNED DIRECTLY
DESCRIPTION OF SECURITIES NUMBER OF SECURITIES
SECURITIES OWNED THROUGH ASSOCIATED PERSONS [Article 137(4)]
NAME RELATION DESCRIPTION OF
SECURITIES
NUMBER OF
SECURITIES
30.11.2017
Signature Date
Note: (1) This statement should be announced to the Cyprus Stock Exchange Council at 71-73 Lordou Vironos
Avenue, 1096 Nicosia, P.O. Box 25427, 1309 Nicosia, CYPRUS, Τel +357-22-712300 Fax +357-22-570308
e-mail: [email protected]. cy, within 24 hrs and 1 hr before the commencement of the next trading session from
the day it was decided the resignation or the appointment according to Article 135(2) of the Law of 2007.
According to Article 137(4) of the Law of 2007, associated persons are considered (a) the spouse and blood
relatives up to the first degree, (b) companies in which any of the persons referred to Article 135(2) hold either
directly or indirectly at least 20% of the voting rights.
THE CYPRUS STOCK EXCHANGE LAW OF 2007
Notification of appointment, resignation, or movement to the position of President or
member of Board of Directors, the General Manager, the Financial Controller, the
Auditor, or Head of Accounting Department according to Article 135 (2)
Name of Issuer: ACTIBOND GROWTH FUND PUBLIC COMPANY LTD
Submitted by: PRUSEC LIMITED
Address: 6, THEOTOKI STR., 1055 NICOSIA
To the Cyprus Stock Exchange Council
Name Position Date of Resignation
INFORMATION CONCERNING NEW OFFICER
Name
Position of Member – Independence (e.g. Member, Non Executive – Independent)
Profession Date of
Appointment
MICHALIS LOIZOU
INDEPENDENT
NON-EXECUTIVE
BOARD MEMBER
AUDITOR
30.11.2017
SECURITIES OWNED DIRECTLY
DESCRIPTION OF SECURITIES NUMBER OF SECURITIES
SECURITIES OWNED THROUGH ASSOCIATED PERSONS [Article 137(4)]
NAME RELATION DESCRIPTION OF
SECURITIES
NUMBER OF
SECURITIES
30.11.2017
Signature Date
Note: (1) This statement should be announced to the Cyprus Stock Exchange Council at 71-73 Lordou Vironos
Avenue, 1096 Nicosia, P.O. Box 25427, 1309 Nicosia, CYPRUS, Τel +357-22-712300 Fax +357-22-570308
e-mail: [email protected]. cy, within 24 hrs and 1 hr before the commencement of the next trading session from
the day it was decided the resignation or the appointment according to Article 135(2) of the Law of 2007.
According to Article 137(4) of the Law of 2007, associated persons are considered (a) the spouse and blood
relatives up to the first degree, (b) companies in which any of the persons referred to Article 135(2) hold either
directly or indirectly at least 20% of the voting rights.
THE CYPRUS STOCK EXCHANGE LAW OF 2007
Notification of appointment, resignation, or movement to the position of President or
member of Board of Directors, the General Manager, the Financial Controller, the
Auditor, or Head of Accounting Department according to Article 135 (2)
Name of Issuer: ACTIBOND GROWTH FUND PUBLIC COMPANY LTD
Submitted by: PRUSEC LIMITED
Address: 6, THEOTOKI STR., 1055 NICOSIA
To the Cyprus Stock Exchange Council
Name Position Date of Resignation
INFORMATION CONCERNING NEW OFFICER
Name
Position of Member – Independence (e.g. Member, Non Executive – Independent)
Profession Date of
Appointment
NEARCHOS
PETRIDES
INDEPENDENT
NON-EXECUTIVE
BOARD MEMBER
BUSINESSMAN
30.11.2017
SECURITIES OWNED DIRECTLY
DESCRIPTION OF SECURITIES NUMBER OF SECURITIES
SECURITIES OWNED THROUGH ASSOCIATED PERSONS [Article 137(4)]
NAME RELATION DESCRIPTION OF
SECURITIES
NUMBER OF
SECURITIES
30.11.2017
Signature Date
Note: (1) This statement should be announced to the Cyprus Stock Exchange Council at 71-73 Lordou Vironos
Avenue, 1096 Nicosia, P.O. Box 25427, 1309 Nicosia, CYPRUS, Τel +357-22-712300 Fax +357-22-570308
e-mail: [email protected]. cy, within 24 hrs and 1 hr before the commencement of the next trading session from
the day it was decided the resignation or the appointment according to Article 135(2) of the Law of 2007.
According to Article 137(4) of the Law of 2007, associated persons are considered (a) the spouse and blood
relatives up to the first degree, (b) companies in which any of the persons referred to Article 135(2) hold either
directly or indirectly at least 20% of the voting rights.
Michalis Loizou (ACCA, BSc Hons)
He holds the professional title ACCA and a BSc Hons in Accounting from Oxford Brookes
University. He has been employed in the audit and tax department of an audit firm since
2008. He has worked as chief accountant in a private group of companies in the tourism
industry for one year. He is a director and external financial advisor of private companies.
He has served as financial administrator to the Board of Directors of a sports club. He is a
member of ACCA and of the Institute of Certified Public Accountants of Cyprus.
Neachos Petrides
Nearchos Petrides graduated from the Grammar School (Lyceum) in 2006 and in 2011 he
became a holder of a BSc (Hons) in Finance, Accounting and Management from the
University of Nottingham of England and the University of Nottingham of Malaysia.
In 2011, he joined KPMG Limited Cyprus and for three years and six months he was
involved in the external audit of companies. As a Senior Supervisor, he has specialised
himself in the external audit of insurance companies, credit institutions and has gained
valuable experience from the audits of a company listed on the Cyprus Stock Exchange.
He became a Chartered Accountant and since 2015 he is a member of the Institute of
Chartered Accountants in England and Wales.
He is employed in Ellinas Finance PLC as the Company’s Executive Officer since June 2015.
In July 2016, he was appointed Alternate Director at the Board of Directors of Ellinas
Finance PLC. In addition, he held the position of Alternate Director at the Board of
Directors of Actibond Growth Fund Public Company Limited.
He is also a founding member and ex-Director of the Rotaract Club Nicosia Ledra.
