- Home
- About Us
- Asset Management
- Equity Capital Markets
- Investors
- Press
- Work for Us
- Contact Us
- Research Login
Press
Dawnay Shore Hotels plc - New Asset Manager
2008-07-24
At a meeting of the directors of Dawnay Shore Hotels plc (the "Company") held on Tuesday, 22 July 2008, Peter Klimt and Guy Naggar tendered their resignations as directors of the Company with immediate effect. These resignations were accepted by the board. The board would like to thank each of Peter Klimt and Guy Naggar for their contribution to the Company.
The Company has today terminated the engagement of Dawnay, Day Hotels Limited ("DDHL") under the Portfolio Management Agreement and has engaged Shore Capital Limited to provide the services previously supplied by DDHL to the Company on the same terms. This appointment will take effect immediately.
Howard Shore has been appointed chairman of the Company and Jonathan Paisner has been appointed to join the board as a director, both appointments effective as of Tuesday, 22 July 2008. The board of directors will propose a change of name of the Company and a notice is being sent to shareholders today to convene a general meeting of the Company to approve the name change to Puma Hotels plc.