STOCKHOLM IT VENTURES : ANNOUNCES EGM TO APPOINT ROGER TAMRAZ TO ITS BOARD

DGAP-Ad-hoc: Stockholm IT Ventures AB / Key word(s): AGM/EGM STOCKHOLM IT VENTURES AB ANNOUNCES EGM TO APPOINT ROGER TAMRAZ TO ITS BOARD 18-Jan-2018 / 11:18 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Nacka Strand, 18.01.2018   ISIN SE 0006027546 - Stockholm IT Ventures will be holding an EGM on 31st January 2018 in Nacka, Sweden, to appoint billionaire Roger Tamraz to it's board of directors. Roger Tamraz, is renowned as a very successful banker and venture capital investor, who founded the oil company Tamoil, which he built from the acquired assets of Amoco and Texaco. Tamoil has since gone on to become a $20billion turnover business. During his time in the oil industry, Mr Tamraz has been responsible for some of the most innovative pipeline engineering projects including the Suez-Mediterranean pipeline, which was considered one of the world's greatest engineering feats. Wayne Lochner, Chairman of Stockholm IT Ventures said "We are delighted to have someone with Roger's wealth of experience join the board of Stockholm IT Ventures, subject to EGM approval. He will undoubtedly add a huge amount of expertise to the board as the company continues to grow and acquire complimentary companies. We very much look forward to working with him and benefitting from his input in the future direction of the company" Roger Tamraz said "I am delighted to be joining the board of Stockholm IT Ventures subject to approval at the EGM. I think it is a very exciting company with a huge potential to become a major force the world of cryptocurrencies. I look forward to playing my part in this exciting company." For further information, please contact: Stockholm IT Ventures AB Vikdalsgränd 10A S- 131 27 Nacka Strand Sweden Wayne Lochner Email: [e-mail] Tel.: [phone] Cell: [phone]     18-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Stockholm IT Ventures AB
	Vikdalsgränd 10A
	131 27 Nacka Strand
	Sweden
Phone:	[phone]
Internet:	www.stockholmit.co
ISIN:	SE0006027546
WKN:	A116BG
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service

646371  18-Jan-2018 CET/CEST