Last checked at 1 Oct 2008 07:00
1 October 2008
NEW NON-EXECUTIVE CHAIRMAN AT H&T GROUP PLC
H&T Group, the UK's leading pawnbroker by size of pledgebook, is delighted to announce the appointment of Peter McNamara to the board as non-executive chairman. The appointment will be effective from today, 1 October 2008.
Peter McNamara has worked with H&T Group as non-executive director for over two years. He was previously group managing director of Alliance and Leicester plc following a successful career at Lloyds Bank plc, where he was head of strategy and subsequently the managing director of personal banking. He has also worked as chairman of MoneyBox plc, deputy executive chairman of retailer Londis Holding Ltd and chief executive of Wesleyan Assurance Plc.
John Nichols, chief executive of H&T Group, commented: "Peter brings to the chairman's role a sound understanding of H&T Group and the pawnbroking sector, as well as unrivalled financial services PLC experience. We are looking forward to his leadership at the helm of the Board and his support to help H&T Group continue to grow."
Peter McNamara commented: "I am delighted to be appointed to the Board of H&T Group as chairman. Against the background of vast uncertainty in banking and insurance, the centuries-old business of pawnbroking is evolving into a new world with different needs. This is a wonderful opportunity for me to further contribute to the expansion and development of this business. As a director I have been greatly impressed by the quality and loyalty of management, staff and our growing customer base. These are the bedrocks on which the business will deliver growing shareholder value."
Mr McNamara replaces non executive chairman Peter Middleton.
Information regarding the appointment of Peter McNamara as non-executive director:
Full name: Peter Denis McNamara
Age: 57
Current Directorships:
H&T Group plc
Notemachine Holdings Limited
Scott Tod Limited
TRM (ATM) Limited
Previous Directorships within the last five years:
Londis (Holdings) Limited
Moneybox Corporation Limited
G2 Limited
Charmseat Limited
Radian Europe Limited
Peter McNamara has a beneficial interest in H&T Group consisting of [17,351] ordinary shares.
There are no further details to be disclosed under Rule 17 Schedule 2 paragraph (g) (i) to (viii) of the AIM Rules.
ENDS
| H&T Group | ||
| John Nichols, chief executive | 0870 90 22 600 | |
| Laurent Genthialon, finance director | ||
| Broker: Numis Securities Ltd Lee Aston | 020 7260 1200 | |
| NOMAD: Hawkpoint Partners Limited | ||
| Sunil Duggal | 020 7665 4668 |
| Pelham Public Relations | ||
| Minette du Plessis | 020 3170 7443 | |
| Damian Beeley | 020 3178 2253 | |