CLI Cls Holdings Plc

TIDMCLI

RNS Number : 7828Y

CLS Holdings PLC

07 March 2017

CLS Holdings plc

("CLS", the "Company", the "Group")

Directorate Changes

CLS Holdings plc announces the appointment of Bengt Mortstedt as a Non-Executive Director with immediate effect.

Mr B Mortstedt, 68, is a founding member of CLS and first served as a Director from its inception until May 2010. He has extensive experience of the European property market and of the Group's core business, and has developed and now runs his own hotels in St Vincent & The Grenadines, West Indies. Mr B Mortstedt holds a Bachelor of Law degree from Stockholm University and, before focusing on the property sector, began his career as a Junior District Court Judge in Sweden.

Mr B Mortstedt has an interest in 2,807,255 ordinary shares of 25 pence each in the Company (6.89%).

CLS also announces the retirement from the Board of Philip Mortstedt, son of Bengt Mortstedt.

There are no other disclosures to be made pursuant to Listing Rule 9.6.13.

Henry Klotz, Executive Chairman of CLS, comments:

"I welcome Bengt to the Board, who brings significant property experience and will complement our existing range of skills. I would also like to thank Philip for his contribution over the last two years."

-ends-

For further information, please contact:

 
 CLS Holdings plc 
  www.clsholdings.com 
  Henry Klotz, Executive Chairman 
  Fredrik Widlund, Chief Executive Officer 
  John Whiteley, Chief Financial Officer      +44 (0)20 7582 7766 
 Liberum Capital Limited 
  Richard Crawley 
  Jamie Richards                              +44 (0)20 3100 2222 
 Panmure Gordon (UK) Limited 
  Dominic Morley 
  Andrew Potts                                +44 (0)20 7886 2500 
 Elm Square Advisers Limited 
  Jonathan Gray                               +44 (0)20 7823 3695 
 Smithfield Consultants (Financial PR) 
  Alex Simmons                                +44 (0)20 7360 4900 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAEDLFBDXFEBBX

(END) Dow Jones Newswires

March 07, 2017 10:57 ET (15:57 GMT)

Cls (LSE:CLI)
Historical Stock Chart
From Apr 2024 to May 2024

Cls (LSE:CLI)
Historical Stock Chart
From May 2023 to May 2024