NFND Newfound

RNS Number:5750F
Newfound N.V.
12 October 2007


                                 Newfound N.V.
                         ("Newfound" or the "Company")


                    Newfound Appoints Simon Longfield as CFO


Newfound N.V., the creator and operator of international luxury resorts and
destinations, is pleased to announce that Simon Longfield is to join the
Company's Board with immediate effect.


The Company recently announced in its interim results on 26 September 2007 that
Mr. Longfield has been promoted to take over from John Theophilus as Chief
Financial Officer.


Mr. Longfield FCA, age 41, joined Newfound in October 2006 as Group Financial
Controller.  He was previously with PricewaterhouseCoopers for 18 years in the
UK and Australia in a variety of roles including assurance, transaction services
and corporate finance.  He advised multi-national listed and private companies
in the technology, telecoms, leisure and manufacturing industries.


Simon has no current or previous directorships.  There are no further
disclosures required under paragraph (g), Schedule Two of the AIM Rules.


Jeremy White, Chairman, said:


"Simon brings considerable experience from his role in a Big 4 practice and has
already made significant improvements to the financial reporting structure of
the Newfound group."


ENDS


For further information, please contact:


Newfound N.V.
John Theophilus                                      +44 (0)20 7470 2487

Collins Stewart
Adrian Hadden                                        +44 (0)20 7523 8353


About Newfound:


Newfound is a creator and operator of international luxury resorts and
destinations.  Newfound established a proven business model through the success
of Humber Valley Resort in Canada and is developing two further resorts in St.
Kitts and Nevis in the Caribbean.


Humber Valley Resort, with 2,200 acres, currently has over 200 privately owned
properties the majority of which are available for rent.  It is an all-season,
luxury resort offering golf, world-class salmon fishing, sailing, skiing and a
luxury spa.


The Group's vision is to create long-term environmental, social, physical,
cultural and economic value in untapped destinations benefiting local
populations, home owners, international visitors and shareholders alike.


Newfound has an integrated business model based on destination master-planning,
which generates revenues from multiple sources, including freehold land sales,
construction and development, services to owners, the provision of leisure
activities and the operation of concessions.


Newfound is building an industry leading, world-class luxury lifestyle brand
offering exceptional holiday experiences in luxurious homes, situated in
locations of outstanding natural beauty.


www.newfoundgroup.com


                     This information is provided by RNS
            The company news service from the London Stock Exchange
END

BOAUARVRBSRRAAA

Newfound (LSE:NFND)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024

Newfound (LSE:NFND)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024