JPEL Private Equity Limited announced the appointment of Ms. Trina Le Noury as an Independent Non-Executive Director of the Company with immediate effect. Trina Le Noury, a resident of Guernsey, qualified as an accountant in 2005. Ms. Le Noury was the co-head and director of Apax Partners (Guernsey) Limited, the in-house administration business for Apax Partners, a global private equity firm with c. $60 billion AUM.

Ms. Le Noury was also a director of the Apax General Partner companies. More recently, Ms. Le Noury was a director of Hedosophia Services (Guernsey) Limited, the business responsible for the oversight of the venture capital funds advised by Hedosophia, with c. $3 billion AUM. Ms. Le Noury has a first-class honours degree in Mathematics from Aberdeen University, holds a Diploma in Company Direction from the Institute of Directors and is a fellow of the Association of Chartered Certified Accountants.

In addition, the Company announces that Tim Wilson, interim director, has stepped down from the Board with immediate effect.