TIDMQIL

RNS Number : 3169B

Qannas Investments Limited

19 September 2018

Qannas Investments Limited

("Qannas" or the "Company")

Board Change

The Board of the Company announces that Richard Green, who has served on the Board of the Company since June 2014 has decided to step down as a Non-Executive Director of the Company.

As previously noted by the Chairman in the 2017 Annual Report Richard Green has decided to retire in the light of the new strategy, which signals a move away from private equity investing. The Board is seeking to recruit a new director with relevant experience to take his place.

The Board would like to thank Richard Green for his invaluable contribution to the Company during his stay and wish him all the best.

For further information please contact:

Qannas Investments Limited Tel: 01534 844843

Vinod Rajput

ADCM Ltd. (Investment Manager) Tel: +971 2 639 0099

Mustafa Kheriba

finnCap Ltd Tel: 020 7220 0500

Henrik Persson/William Marle (Corporate Finance)

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END

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(END) Dow Jones Newswires

September 19, 2018 11:57 ET (15:57 GMT)

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