Another safeguard

A financial industry update

financial update

Timothy Moore and Andrew Moore have been appointed as directors of UK Hotel Development PLC to ensure that investors’ interests are protected. This follows the resignation of Lee Smith as the previously sole director. UK Hotel Development PLC is the general partner of the Hypa Raithwaite Partnership. They will be closely monitoring the compliance of the Hypa Raithwaite Partnership regarding the realisation of the security covering the Hypa Raithwaite investment vehicle to provide a return to investors. Both Timothy and Andrew Moore are directors of Portafina, who have a number of clients affected by the realisation of this security.

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