Crossword Cybersecurity Regulatory News (CCS)

16 Jan 2008 11:22

Clarity Commerce Solutions PLC16 January 2008 Clarity Commerce Solutions plc ("Clarity" or the "Company") Appointment of Non Executive Director The Company announces that Steve Bellamy has been appointed as a non executivedirector with immediate effect. Stephen Gerard Bellamy aged 48, spent 6 years with Coopers & Lybrand (now PWC)in New Zealand and New York. He then moved to London in 1986 to join BrierleyInvestments Ltd, (BIL), a strategic investment company, as one of BIL's UKinvestment directors. Steve left BIL in 1993 and, in 1994, joined SherwoodInternational Plc as CFO and became Group COO in 1999. Steve was instrumental inthe turn around of Sherwood, from a UK software group with 13 different businessunits making losses of £2m on £26m revenue and £3.5m debt, to a focusedtechnology solutions supplier to the global insurance industry and UK Governmentwith £55m revenue, £8.5m profit and over £20m net cash. Since leaving the boardof Sherwood, in 2001, Steve has had various non-executive roles as; chairman,non-executive director and advisor of public and private technology and servicescompanies and to corporate capital providers (and, for 12 months, as an interimexecutive of a Lloyd's underwriter). He has also been Chairman of the investmentcommittee of The First Close Technology Fund since 2000 and is currentlynon-executive director of AIM listed Advanced Medical Solutions Group plc and afounding partner of Accretion Capital LLP. Steve holds 544,268 shares in the Company representing 2.2 % of the total votingrights. Under Schedule 2, paragraph (g) of the AIM Rules, the following information isdisclosed: Directorships and partnerships held in the past five years: Current PastAdvanced Medical Solutions Group plc Force12 Holdings LimitedQBM Limited CSols PlcAccretion Capital LLP QBM Holdings Limited GTJST Limited (previously named IQA Holdings Limited) Dr Foster Limited Unisoft Limited There is no other information under Schedule 2, paragraph (g) of the AIM rulesthat needs to be disclosed. Contacts: Ken Smith, Group Managing DirectorClarity Commerce Solutions plc01932 778001 Fiona Kindness, DirectorGrant Thornton UK LLP (Nomad)020 7728 3414 Ian Callaway, DirectorSVS Securities plc (Broker)Tel: 020 7638 5600 This information is provided by RNS The company news service from the London Stock Exchange