18 Jun 2009 07:00
18 June 2009
Hydrodec Group plc
Directorate Change
Hydrodec Group plc (AIM: HYR) ("Hydrodec" or the "Company") is delighted to announce that Neil Gaskell (60) has been appointed as non-executive Deputy Chairman with immediate effect.
Mr. Gaskell has 25 years of experience of senior management roles in various companies in the Shell Group including working in Japan as Representative Director and Deputy Chief Executive of Showa Shell Sekiyu KK. From 2000 to 2003, Mr. Gaskell was Shell Group Treasurer, responsible for all financing policies, funding and financial risk management and a Director of Shell International Limited.
Mr. Gaskell is currently a non-executive director of several companies including Wellstream Group Plc and Chairman of Aberdeen All Asia Investment Trust PLC. Mr. Gaskell is a fellow of the Association of Chartered Certified Accountants and has a B.A. in Philosophy and Economics from the London School of Economics of which he is also a Governor.
The following information on Neil Gaskell is provided pursuant to AIM Rule 17.
| Current Directorships |
| Aberdeen All Asia Investment Trust PLC |
| LSE Enterprise Ltd |
| Integra Group |
| Gaskellinc Ltd. |
| Wellstream Group PLC |
| Interests in Hydrodec |
| Mr. Gaskell holds £50,000 Fixed Rate Unsecured Convertible Loan Notes in the Company (as referred to in the announcement of 5 November 2007) which are convertible into approximately 263,157 ordinary shares of 0.5 pence each in the Company. |
| Full name |
| Ralph Neil Gaskell |
For further information please contact:-
Hydrodec Group plc +61 2 6382 5387
Mark McNamara, CEO
John Dickson, Finance Director
Numis Securities Limited +44 20 7260 1000
Nominated Adviser: Simon Blank
Corporate Broker: David Poutney / Alex Ham
Curve PR +44 20 8742 1597
Emma Davis +44 7764 197003