1 Oct 2008 07:00
For Immediate Release 7.00am
1 October 2008
@UK PLC
("@UK" or the "Company")
Board Changes
Appointment of Director:
The Company is pleased to announce the appointment of David Holloway as Non-Executive Director of the Company with immediate effect.
David has over 20 years experience in IT, including working in successful start-ups. Most recently David was Chief Executive and co-founder of Codian Limited, which was set up in 2003 and sold to Tandberg in 2007 for $270M. David is now Senior Vice President of Network Products at TANDBERG ASA listed as TAA on the Oslo stock market.
Ronald Duncan commented:
"We were delighted to be able to announce that David Holloway will be joining the Board as we believe that David's experience in exploiting a technical lead to create rapid world wide growth will help @UK."
Additional information:
David John Holloway (aged 45) has held the following directorships in companies or partnerships in the past five years:
| Current: | Former: |
| Codian Limited | Codian (Asia Pacific) Limited |
| Codian (Australia) Pty Limited | |
| Codian Inc |
David holds 70,588 @UK ordinary shares representing approximately 0.19 per cent. of the Company's issued share capital.
There are no further details in relation to the above appointment which require disclosure under paragraph (g) (iii) to (viii) of Schedule 2 to the AIM Rules.
Changes to Existing Board:
@UK also announces that Chief Executive and Chief Financial Officer John Aiken is leaving the company and has resigned as a Director today. The Board would like to thank John for his contribution over the last three years.
Following these changes the composition of the Board is as follows:
| Ronald Duncan | Executive Chairman |
| Lyn Duncan | Business Development Director |
| David Holloway | Non-Executive Director |
In addition, the Board will look for a replacement Chief Financial Officer as a part time appointment in due course.
For further information please contact:
| @UK PLC Ronald Duncan, Chairman | +44 (0) 118 9 637 000 |
| Beaumont Cornish Limited Roland Cornish | +44 (0) 20 7628 3396 |