New Management Arrangements
14 October 2009 - 2:21AM
UK Regulatory
TIDMLCSS
Lewis Charles Sofia Property Fund Limited (the "Company")
New Management Arrangements
The Company announced on 24 September 2009 that it had made arrangements to
internalise future management operations following the termination of the
Management Agreement dated 20 September 2005 between the Company and Lewis
Charles Securities, and that it would directly employ a management team. The
Company is pleased to announce that it has agreed to appoint Mrs Loraine Pinel,
Mr Mark Anderson and Dr Peter Yallup as managers; these are the managers who
previously managed the Company's assets in the employ of Lewis Charles
Securities. The Company confirms that the running costs of the Company have been
significantly reduced as a result of this appointment.
For further information contact:
Lewis Charles Sofia Property Fund Limited
Charles Burton
Panmure Gordon (UK) Limited
Dominic Morley
Stuart Gledhill
Tel: +44 (0) 20 7459 3600
Conduit PR Ltd
Ed Portman
Leesa Peters
Tel: +44 (0) 20 7429 6607 / +44 (0) 77 3336 3501
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