Director’s appointment – 12 April 2011

Marechale Capital is pleased to confirm that, as announced on 29 March 2011, Robin Black has joined the Board as a Non-executive director with effect from today. Robin qualified as a chartered accountant with KPMG and has experience in private equity as a former partner of Botts & Company Limited and as a director of a number of public and private businesses. He holds 1,000,000 ordinary shares of 1.0 pence each in the Company, representing 1.91% of the Company's share capital.

The names of those companies of which Robin Kennedy Black (aged 53) has been a director in the previous five years are set out below:

Current Directorships 

Past Directorships

Osprey Publishing Limited

The Continuum International Publishing Group Limited

Malvern College Enterprises Limited

GPG Media Limited

Balmuir Partners Limited

Artesian Holdings Limited2

Balmuir Nominees Limited

 

ICDG Limited1

 

Heartstone Inns Limited

 

Heartstone Inns 2 Limited

 

Shire Publications Limited

 

RK Black & Partners Limited

 

Angry Robot Limited

 

Aqua Service SA

 

Notes:

  1. ICDG is in the process of a solvent winding up.
  2. Mr Black was appointed a non-executive investor representative director of Artesian Holdings Limited in May 1999; this company entered receivership in February 2005 with an estimated deficiency to creditors of £25 million and was dissolved in September 2009.
  3. Mr Black was appointed a non-executive investor representative director of Auto Online Limited (subsequently re-named AO Realisations Limited) in April 2000 and resigned as a director in December 2001; this company entered receivership in December 2001 with an estimated deficiency to creditors of £0.4 million and was dissolved in June 2004.

There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies in respect of Mr Black.

For further information please contact:

Marechale Capital
Mark Warde-Norbury / Patrick Booth-Clibborn
Tel: +44 (0)20 7628 5582

Smith & Williamson Corporate Finance
Azhic Basirov / David Jones
Tel: +44 (0)20 7131 4000

Marechale Capital is an investment banking and corporate finance business

We use our established relationships and sector specialisation to raise capital and refinance high growth companies and funds primarily in the consumer brands, leisure and retail sectors.