22 Jul 2010 07:00
22 July 2010
Cello Group plc
Paul Walton appointed to Board
Cello Group plc, (AIM: CLL, 'Cello', or 'the Group'), the leading independent market research and consulting group, has appointed Paul Walton as an executive director with immediate effect. His primary focus will be positioning and promoting Cello brands with global clients and driving group new client business. Paul is Chairman of The Value Engineers, a Cello business.
Mark Scott, Chief Executive, said:
"Paul will add invaluable knowledge and energy in his new role of helping us build our position with global clients more aggressively.
"I am delighted to have him on the Board to support us in fulfilling our strategy of growing into a leading global insight and consulting business."
Separately, the Group has published a half year trading update.
Enquiries:
| Cello Group | 020 7812 8460 |
| Mark Scott, Chief Executive |
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| Mark Bentley, Finance Director |
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| Altium | 020 7484 4040 |
| Ben Thorne |
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| Paul Chamberlain |
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| College Hill | 020 7457 2020 |
| Adrian Duffield/Rozi Morris |
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Further information on Paul Walton
Paul Christopher Walton, 54, is currently a director of the following companies:
The Value Engineers Limited and Chiaros Holdings Limited
Mr Walton has confirmed that there are no other disclosures required in accordance with Schedule Two para (g) of the AIM Rules in relation to his appointment to the board of Cello.
Mr Walton holds 1,869,180 ordinary Cello shares of 10 pence each, representing approximately 3.04 per cent of the Company's voting rights.