9 September 2021
Reconstruction Capital II Limited ("RC2" or the "Company")
Director Appointment
Reconstruction Capital II Limited announces the appointment of Martin Derbyshire as an Independent Non-executive Director of the Company, with immediate effect.
Mr Derbyshire has worked for over 25 years in the Trust, Corporate and Fund Administration sector principally as an executive Director & Shareholder of the international trust, fund and corporate service provider SMP Group Limited (now Suntera Global - www.suntera.com/news/smp-group-rebrands-to-suntera-global) where he sat on the main board and on a number of its licensed and regulated operational subsidiaries. He was a member of the management buyout team that acquired the business from the Fortis trust, banking and insurance group in 2007 and exited in 2019 following a secondary MBO backed by private equity. He was involved on a day-to-day basis in the management of trust, corporate & fund administration business for clients of the group and was regularly engaged to sit on the boards of a diverse range of businesses building experience in several business sectors. After leaving SMP, Martin continues to hold non-executive directorship positions in the investment, property development, financial services and industrial machinery sectors as well as pursuing several private investments and consultancy work with startup companies. Mr Derbyshire is familiar with both Romania and the investee companies of RC2, having sat on the RC2 board between October 2017 and September 2019 as a Non-Executive Director, connected to Mr Ion Florescu through his then involvement with SMP Group Limited, and as a Non-Executive director of The Romanian Investment Fund Limited and Reconstruction Capital plc, investee companies of RC2 in which Mr Florescu is also an indirect shareholder.
The following information is disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.
Martin James Derbyshire (aged 53)
| Current Directorships or Partnerships | Former Directorships or Partnerships within the last five years |
| · Newman Heritage Limited · Penmara Limited · Blackmoon Limited · Eurofinance (Isle of Man) Limited · Hoathtree Limited · Indeco (UK) Limited | · Garryvale Limited · Amber Services (Malta) Limited (formerly known as SMP Partners (Malta) Limited) · Mirano Limited · Rivebond Investment Limited · La Bete Sailing Limited (La Bȇte Sailing Limited) · Africa Technology Limited · Reconstruction Capital II Limited · Bailrigg Leasing No.3 Limited · Suntera (UK) Limited (formerly known as SMP Partners Limited) · Boulder Services Limited · White Eagle Enterprises Limited · Vision Tech Consultants Limited · Straquna Limited · Betting Entertainment Technologies International Limited · Cadwal Limited · Gaugella Limited · Davaft Limited · Suntera (Switzerland) SA (formerly known as SMP Partners SA) · Suntera Corporate Trustees (Switzerland) SA (formerly known as SMP Trustees SA) · La Bete Sailing Limited (La Bȇte Sailing Limited) · Bonne Garde Services Limited · Hollywoodbets International Limited · Tesson Limited · Aquela Limited · Galoa Limited · 3 Maple Court Limited · FRK Holdings Limited · Karac Limited · Roanlane Limited · Carisle Bay Limited · Digibird Holdings Limited · Channel IT Isle of Man Limited · Bailrigg Leasing Limited · Bailrigg Leasing No1 Limited · Lennon J2 Limited · Brightbridge Limited · Winoca Limited · Lanarr Properties Limited · Mayborough Enterprises Limited · Schooner Midsummer Limited · Aries International Limited · Brimfield Limited · Darya Shipping and Chartering Limited · Logistic Investment Company Limited · Orillia Limited · Shulamit (IOM) Limited · Woolbridge Associates Limited · Fisim Limited · Key West Sportcruiser Limited · Luxbet Europe Limited · Art Stock Company Limited · Deep Blue Ocean Limited · Durell Consultants Limited · London Market Research Limited · Oyster Sailing Limited · Rawhide Limited · Kudzu Limited · Mitchmum Limited · Mossnook Limited · Packaging Consultants Limited · Kermont Investments Limited · Delbrook Limited (125740C) · Bright Station Ventures Limited · Suntera Yacht and Aircraft (IOM) Limited (formerly known as SMP Yacht and Aircraft Limited) · Clifton Gardens Limited · Fulham Developments Limited · Delbrook Limited (016334V) · Suntera Consultancy (IOM) Limited (formerly known as SMP Capital Markets Limited) · Suntera Group Limited (formerly known as SMP Group Limited) · Stamford Consulting Limited · SMP Partners Limited · Greencastle Holdings Limited · Watchorn Limited · Cogenta IP Exploitation Limited (also known as I-Cap Exploitation Ireland Limited) · Leadium Diversified Fund plc (formerly known as 112472C plc, 112472C Limited, Leasdium Diversified Fund Limited and The Euro Derivative Fund plc) · Busby Limited · Foreteck Services Limited · Watermark Enterprises Limited · Afton Properties Limited · Audacy Limited · Benazzi Properties Limited · Caversham LLC · Cincilla Holdings Limited · Danize Limited · Eaton Mansions Limited · Farrier Walk Limited · FFT Holding Limited · Galone Limited · Hidan Limited · HKP Properties Limited · Louksor Limited · Migalos Limited · Mollyland Inc · Tujex Limited · Fovero Limited · The Romanian Investment Fund Limited · Reconstruction Capital plc |
In August 2017 a security trustee of a shareholder group of Bright Station Ventures Limited appointed a receiver over certain fixed assets of that company. The receiver appointment ceased on 21 February 2020. Mr Derbyshire was a director of Bright Station Ventures Limited until April 2017.
The board consider Mr Derbyshire to be independent of character and judgement and that there are no existing relationships or circumstances that are likely to affect his judgment.
There is no other information that is required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies.
Information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
Reconstruction Capital II Limited
Cornelia Oancea/Anca Moraru
Tel: +40 21 3167680
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett
Tel: +44 (0) 20 7383 5100
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