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Bid:
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Spread: 1.60 (2.797%)
Market Cap: £206.03m
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Board Appointment

7 Dec 2007 07:00

EcoSecurities Group plc07 December 2007 EcoSecurities Board Appointment Dublin, 7th December, 2007: EcoSecurities, a leading company in the business ofsourcing, developing and trading carbon credits from greenhouse gas emissionreduction projects, is pleased to announce the appointment of James Thompson asits new Chief Financial Officer. James will commence employment with the Companyin early 2008 and will be appointed to the Board as of that time. James Thompson (45) has over 23 years experience in the corporate finance sectorand has spent the last five years as Chief Financial Officer with GreenergyInternational, an independent renewable energy company specialising in biotransportation fuels, based in London. Prior to this, James held the positionof Chief Financial Officer with USIT World and also spent eight years working inthe Corporate Finance divisions of ING Barings and Paribas. James began hiscareer with Coopers and Lybrand where he trained as a Chartered Accountant. The expansion of the senior management team will allow the current ChiefFinancial Officer, Jack MacDonald, to fully transition into his new role asDirector of Corporate Development. Jack's responsibilities will focus onidentifying and developing new strategies for growth, with particular emphasison acquisitions and project investments. Speaking in relation to the appointment, Pedro Moura Costa, President, commented"We are delighted James is joining the Board. His expertise will be invaluablein helping the company fulfill its long term strategic objectives, whilst alsoproviding the Board with further breadth and diversity". -Ends- Appendix The following information on James Thompson is provided in relation to the AIMRules Schedule 2 Paragraph (g) Full name and age including any previous names : James Christopher Thompson, 45years old Past Directorships as at 27th November, 2007 : Greenergy International Ltd. : Resigned, effective 18 September 2007Greenergy Biofuels Ltd. : Resigned, effective 18 September 2007W. L Thompson Ltd. : Resigned, effective 18 February 2002 For further information please contact: EcoSecurities Group plcRachel Mountain, Global Marketing Manager +44 (0) 1865 202 635 Citigate Dewe Rogerson +44 (0) 20 7638 9571Kevin Smith / Ged Brumby Editor's Notes: About EcoSecurities: EcoSecurities is one of the world's leading companies in the business oforiginating, developing and trading carbon credits. EcoSecurities structures andguides greenhouse gas emission reduction projects through the Kyoto Protocol,working with both project developers and buyers of carbon credits. EcoSecurities works with companies in developing and industrialising countriesto create carbon credits from projects that reduce emissions of greenhousegases. EcoSecurities has experience with projects in the areas of renewableenergy, agriculture and urban waste management, industrial efficiency, andforestry. With a network of offices and representatives in 36 countries on fivecontinents, EcoSecurities has amassed one of the industry's largest and mostdiversified portfolios of carbon projects. EcoSecurities also works with companies in the developed world to assist them inmeeting their greenhouse gas emission compliance targets. Utilising its highlydiversified carbon credit portfolio, EcoSecurities is able to structure carboncredit transactions to fit compliance buyers' needs, and has executedtransactions with both private and public sector buyers in Europe, North Americaand Japan. Working at the forefront of carbon market development, EcoSecurities has beeninvolved in the development of many of the global carbon market's most importantmilestones, including developing the world's first CDM project to be registeredunder the Kyoto Protocol. EcoSecurities' consultancy division has been at theforefront of significant policy and scientific developments in this field.EcoSecurities has been recognised as the world's leading greenhouse gas advisoryfirm over the last five years by reader surveys conducted by EnvironmentalFinance Magazine. EcoSecurities Group plc is listed on the London Stock Exchange AIM (ticker ECO). Additional information is available at www.EcoSecurities.com. This information is provided by RNS The company news service from the London Stock Exchange
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