15 Dec 2010 10:12
15 December 2010
Legendary Investments Plc
Directorate Change
Legendary Investments plc ("Legendary" or the "Company") (AIM:LEG) announces the appointment of Rajesh Kumar Rai (aged 43) to the Board as an Executive Director with immediate effect. Mr Rai's principal focus at Legendary will be to source, develop and oversee investments in the renewable energy sector. He played a key part in sourcing and negotiating the recently announced option to invest in Bosques Energicos EBE S.A. de C.V.
Mr Rai is an entrepreneurial renewable energy specialist. He founded and has been a director of a number of businesses including a company specialising in the transfer worldwide of know-how developed by large scale plantation companies in India. He was also a founder director of Human Energy (Uganda) Ltd which has developed nursery plantation operations in Uganda, and he has a deep understanding of bio fuels and overcoming the inherent issues in developing large scale plantations. In 2009 he founded Earth Bio Energy Ltd which promotes ethical bio fuel production and provides assistance in developing bio energy producing plantations.
Mr Rai is involved in the Kurdish Human Rights Project and the Himalayan Institute Cameroon, both non government organisations.
He started his professional life as a Barrister called in 1993 to Lincoln's Inn and is currently a self-employed barrister practising from the Chambers of Lord Gifford QC, Temple, London..
Details of Mr Rai's current and previous directorships and partnerships in the past five years are set out below:
Current Directorships/Partnerships | Former Directorships/Partnerships |
Earth Bio Energy Ltd | Bio Energy Africa LLC |
Transtuli Ltd | Human Energy (Uganda) Ltd |
Global Legal Technologies Ltd |
Mr Rai was a director of Omnitel (UK) Ltd from 2002 to 2003, resigning in April 2003. The company went in to voluntary liquidation in February 2004.
There is no further information in connection with the appointment of Mr Rai to the Board of Directors which is required to be disclosed in accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
Ends
For further information please contact:
Legendary Investments Plc | Gavin Preston | 020 8205 4923 |
Northland Capital Partners Ltd (Nominated Adviser and Broker) | Gavin Burnell / Rod Venables | 020 7492 4750 |