UIL Ltd. — Board/Management Information 2022

Oct 12, 2022

National Storage Mechanism | Additional information

RNS Number : 6861C

Ace Liberty & Stone PLC

12 October 2022

ACE LIBERTY AND STONE PLC

(''Ace'' or "the Company'')

Resignation of Director

Ace Liberty and Stone Plc (AQSE: ALSP), the active property investment company, capitalising on commercial property investment opportunities across the UK, today announces that after 15 years of service at Ace Liberty and Stone Plc, Mark Thomas feels it is the right time to step down from the board to allow him more time to pursue his other external property and outside interests.

The Directors accept responsibility for this announcement.

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For further information, please contact:

Ace Liberty & Stone Plc
Ivan Minter, Financial Director	Tel: +44 (0) 20 7201 8340
	http://acelibertyandstone.com
Alfred Henry Corporate Finance Ltd, AQSE Exchange Corporate Adviser
Jon Isaacs / Nick Michaels	Tel: +44 (0) 20 3772 0021
	www.alfredhenry.com
SP Angel Corporate Finance LLP Broker
Vadim Alexandre / Rob Rees	Tel: +44 (0)20 3470 0470 www.spangel.co.uk

Notes to Editors

Ace Liberty & Stone Plc is a property investment company with a diverse portfolio of properties located across the UK, predominantly in the midlands and north of England, which are now the focus of Government incentives. The Company locates commercial properties which have creditworthy tenants, several years' rental income and the potential for an increase in value through creative asset management activity, such as change of tenancy, change of use or new lease negotiation.  Ace has maintained a track record of generating strong profits at disposal of properties and achieving better-than average returns on capital. With strong support from shareholders and mortgage lenders, the Company is currently seeking to deploy its strong balance sheet and is seeking further investment opportunities in the UK to create value for existing and new investors.

Ace is run by a board with extensive property experience, an excellent network of contacts and relevant professional qualifications. This sector expertise has allowed the Board to identify opportunities and act promptly to secure investments.

For more information on the Company please visit www.acelibertyandstone.com

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