26 Nov 2012 07:00
26 November 2012
Appointment of Director
Printing.com plc (AIM: PDC), (the "Company") is pleased to announce the appointment of Mr. Pavel Begun as a Non-Executive Director of the Company with immediate effect.
Mr. Pavel Begun is a managing partner of 3G Capital Management LLC, a global value-oriented investment vehicle operating from Toronto and Chicago, which holds 2,740,000 shares in the Company, representing 5.76% of its issued share capital. Prior to co-founding 3G Capital, he worked for Fiduciary Asset Management and also for A.G. Edwards & Sons where he was responsible for equity research across multiple sectors. Mr. Begun graduated with Honours from the University of Chicago with an M.B.A. in Accounting and Finance and he also graduated valedictorian from Western Kentucky University with a B.S. in Finance. He is a Chartered Financial Analyst and a member of the Toronto Society of Financial Analysts.
Mr. Begun, aged 34, currently personally holds no shares in the Company. Mr. Begun is a Non-Executive Director of AlarmForce Industries Inc. (TSX: AF), a leading North American residential alarm monitoring company.
There is no further information to be disclosed under schedule 2(g) and Rule 17 of the AIM Rules in respect of his appointment as a Director of the Company.
Tony Rafferty, the CEO of the Company, commented "I am delighted that Pavel has joined Printing.com's Board at this exciting time in the Company's development. We have known Pavel for some time in his role at 3G and believe that his global financial and operational expertise will add significantly to the Board."
For further information:
Printing.com plc
Tony Rafferty (Chief Executive) 07966 517 336
Alan Roberts (Finance Director) 0161 848 5713
N+1 Singer
Sandy Fraser 0131 529 0272
Richard Lindley 0113 241 0126