Feedback Regulatory News (FDBK)

10 Jan 2008 07:00

Feedback PLC10 January 2008 Feedback plc (the "Company" or "Feedback") Directorate Change The Board is pleased to announce the appointment of Michael Burt, aged 65, asnon-executive Chairman of the Company. Mr Burt has spent his career ininvestment banking and is a director of Forester Maclean Limited, Damik Limitedand Lumsal Investment Developments Limited. Mr Burt was previously head of UK corporate finance of Scandinavian Bank Limitedand was appointed to the boards of various client companies. This included theappointment to the board of Yorkdale Group plc, a private company that was abanking client of Mr Burt's employer Scandinavian Bank Limited. In 1992,Yorkdale Group plc was found to be in breach of the Companies Act 1985 regardingfinancial assistance. Consequently, in 1993, certain of the directors ofYorkdale Group plc, including Mr Burt, were prohibited from acting as directors.In Mr Burt's case, he was prohibited from acting as a director for 3 yearshowever he retained his regulatory status within both the Securities and FuturesAuthority and the Investment Management Regulatory Organisation. Mr Burt isauthorised by the Financial Services Authority. In December 1991, Yorkdale Group plc was placed into administrative receivershipby Scandinavian Bank Limited who was owed approximately £2.5 million butreceived a nil payout. Mr Burt resigned from Yorkdale Group in November 1991. Save for the information disclosed above, there is no other information inrelation to Michael Burt required to be disclosed pursuant to AIM Rule 17. Mr Burt holds 6,993,380 ordinary shares in the Company, representing 8.48 percent. of the Company's issued ordinary share capital. 10 January 2008 Enquiries: Feedback PlcDavid Sawyer 01892 653322Chief Executive Nominated Adviser & BrokerCharles Stanley Securities 0207 149 6000Philip Davies / Carl Holmes This information is provided by RNS The company news service from the London Stock Exchange