BYOT.L Regulatory News (BYOT)

11 May 2009 07:00



Byotrol plc ("the Company")

Board Changes

The Board is pleased to announce the appointments of Ralph Kugler and Dr. Till Medinger as Non-executive Directors of the Company with immediate effect.

Mr Kugler, aged 53, is a Non-Executive Director of Intercontinental Hotels Group Plc and is chairman of the board's remuneration committee. He is Chairman of Gorkana Ltd, and a Senior Advisor to 3i PLC.

Mr Kugler was an executive director on the boards of Unilever PLC and Unilever NV from 2005-08. He was President of Unilever's global Home & Personal Care categories from 2005. Prior to that he had been President in Europe, Latin America, and previously Chairman and CEO of Unilever's businesses in Thailand and Malaysia.

Dr Medinger, aged 68, was formerly Senior Vice President for Corporate Strategy at AstraZeneca Plc and prior to that had a long and distinguished career with Zeneca Plc and ICI Pharmaceuticals, directing business and marketing operations internationally and overseeing the launch of several global blockbuster products. 

He is a past President of the Association of the British Pharmaceutical Industry and has many years international industry experience, serving on the Boards of both the European and the International Pharmaceutical Industry Federations. He has also served on the Board of the Chemical Industries Association. His business career has spanned R&D, territorial and marketing management, strategic planning, business operations, licensing and acquisitions/divestments, and public and government affairs. He has also acted as a corporate consultant to a number of emerging high-tech companies within the US and the UK. 

Dr Medinger is Chairman of PhotoBiotics Limited and a non-executive director of Datapharm Communications Ltd and Polytherics Ltd. 

Wesley Devoto OBE has informed the Board that he will not seek re-election at the end of his term in June 2009, and will stand down as Non-Executive Chairman and as a director at the next Board meeting. Mr Devoto has led the Board through the initial stages of the company's development, the 2005 AIM flotation, and two subsequent fund raisings. The Board thanks Mr Devoto for his advice, counsel and leadership and wishes him well for the future.

Stephen Falder, Deputy Chairman and Business Development Director, will on an interim basis chair board meetings.

Following these board changes, the Company's Remuneration Committee will comprise Ralph Kugler, Chairman, Adrian Smith and Till Medinger. The Audit Committee will comprise Adrian Smith, Chairman, Till Medinger and Ralph Kugler.

Save as disclosed above, there are no further details required to be disclosed pursuant to schedule 2(g) of the AIM rules.

Commenting on the appointments David McRobbie, Chief Executive, said:

"We would like to thank Wesley Devoto for his significant contributions to Byotrol's business development to date and we are delighted to welcome both Mr Kugler and Dr Medinger to the Company and are confident that their significant experience will make them key additions to the Board."

11 May 2009