The following is a Company Announcement issued by Trident Estates p.l.c. (the “Company”) pursuant to Chapter 5 of the Capital Markets Rules as issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.
Resignation and Appointment of Directors and Composition of the Audit Committee
The Company announces that Marquis Marcus John Scicluna Marshall resigned from the Board of Directors of the Company with effect from 5th January 2024. The Board of Directors would like to thank him for his service. There are no matters concerning the resignation of Marquis Marcus John Scicluna Marshall that warrant any disclosure in terms of the Capital Markets Rules.
The Company further announces that in terms of Article 96 of the Articles of Association of the Company, Mr Matthew Marshall is appointed as non-executive director in his stead, with effect from the same date. Additionally, Mr Neil Psaila is appointed as non-executive director, with effect from 5th January 2024, following the untimely death of Mr Vincent Curmi.
Mr Matthew Marshall is the deputy CEO of the Estate of Marquis Scicluna, whilst Mr Neil Psaila is a fellow certified chartered accountant and the CEO of both Tabria Property and Hospitality Management, and Palazzo Parisio.
In accordance with Capital Market Rule 5.20, the following details are hereby being disclosed to the public:
Name: Mr Matthew Marshall
Address: 2, Balluta Buildings, Triq il-Karmelitani, St. Julians Malta
Principal activities performed outside the Company: N/A
Directorships held in previous 5 years in other Issuers: N/A
Name: Mr Neil Psaila
Address: Belveder, Fl 5, Triq Gianni Chetcuti, Mosta Malta
Principal activities performed outside the Company: N/A
Directorships held in previous 5 years in other Issuers: N/A
There are no other matters concerning Mr Matthew Marshall and Mr Neil Psaila that require disclosure in terms of the Capital Markets Rules 5.20.5 to 5.20.9.
Furthermore, the Company announces the appointment of Mr Neil Psaila to the Audit Committee, replacing Mr Vincent Curmi.
The Audit Committee is now composed of Mr Roderick Chalmers as Chairperson, Mr Charles Borg, Mr Alberto Miceli Farrugia and Mr Neil Psaila.
By order of the Board
Nadine Magro
Company Secretary
5th January 2024
