STOCK EXCHANGE ANNOUNCEMENT
|For Immediate Release||7 September 2016|
PowerShares Global Funds Ireland plc
Re: Retirement of Director
Karen Dunn Kelley, Non-Executive Director of PowerShares Global Funds Ireland plc (the “Company”) has effectively retired from the Board of the Company as of Monday, 5 September 2016.
The Board would like to thank Karen for her invaluable contribution during her service.
Karen remains an employee of Invesco.
Re: Appointment of Director
Further to the approval of the Central Bank of Ireland, the Directors of PowerShares Global Funds Ireland plc (the “Company”) wish to announce the appointment of Mr Bernhard Langer as a Non-Executive Director of the Company, effective as of Monday, 5 September 2016.
Bernhard Langer became Chief Investment Officer (CIO) for the Invesco Quantitative Strategies team at Invesco in January 2009 and is responsible for the quantitative equities investment approach, related products and clients. He oversees more than 40 investment professionals worldwide, with team members in New York, Boston, Frankfurt, Melbourne and Tokyo. Mr. Langer began his investment career in 1989 with Bayerische Vereinsbank, moving to their asset management function where he led the strategy team from 1992 until his departure. He joined Invesco in 1994 as a portfolio manager for equities and became head of equities in 1996 and CIO for Germany in 2000. In 2002, he assumed responsibility for the Quantitative Strategies Group (International).
Mr Langer has never:
(i) had any unspent convictions in relation to indictable offences; or
(ii) been a director of any company or partnership which, while he was a director with an executive function or partner at the time of or within the 12 months preceding such events, been declared bankrupt, went into receivership, liquidation, administration or voluntary arrangements; or
(iii) been subject to any official public incrimination and/or sanctions by statutory or regulatory authorities (including designated professional bodies); or been disqualified by a court from acting as a director of a company or from acting in the management or conduct of affairs of any company.
No information is required to be disclosed pursuant to LR9.6.13
|Invesco PowerShares||+44 2070653897|
|Davy||Paul Boland||+353 1 614 8933|