ISG.L Regulatory News (ISG)

14 Jan 2008 07:00

Interior Services Group PLC14 January 2008 INTERIOR SERVICES GROUP APPOINTS NEW EXECUTIVE DIRECTOR Interior Services Group plc ("ISG"), the construction services specialist, istoday pleased to announce that Mr Greg Aldridge has been appointed as anExecutive Director with immediate effect. Mr Aldridge, 45, joins the Company as Corporate Development Director and willassist the Company in respect of corporate strategy, mergers and acquisitionswith a particular focus on the development of ISG's international operations andthe Group's investor and public relations. Prior to joining ISG Mr Aldridge was a Managing Director in corporate finance atBridgewell, the investment bank, focusing on the construction and supportservices sectors. He was a founder director of Bridgewell and prior to that acorporate finance director of Singer & Friedlander Limited. Mr Aldridge hasworked in corporate finance for the past 15 years and led the team responsiblefor the flotation of ISG in 1998 and has been a corporate adviser to the Groupsince then. Roy Dantzic, Chairman of ISG, commented, "We are delighted that Greg is joining the Board. He brings with him a wealthof experience of both the construction services sector and corporate finance aswell as an intimate knowledge of the Group. "I am confident that, as ISG continues to grow, we will benefit from Greg'sknowledge and experience." 14 January 2008 For further information please contact: Interior Services Group PLC David Lawther, Chief Executive 020 7392 5307Jonathan Houlton, Group Financial Director 020 7392 4905Web: www.isgplc.com College Hill Matthew Gregorowski 020 7457 2020Matthew Smallwood Disclosure Required under Schedule 2 (g) of the Aim Rules: i) Gregory Vaughan Aldridge ii) Current Directorships Broker Profile Limited Willington School Foundation Limited Past Directorships (previous 5 years) Bridgewell Limited iii) - iv) None v) Between February 1991 and 9 September 1993 Mr Aldridge lead asubstantial asset realisation programme for Gamlestaden PLC, the UK subsidiaryof a Swedish finance company owned by a consortium of Swedish banks lead bySkandinaviska Enskilda Banken. In return for an indemnification from thebanking consortium Mr Aldridge represented Gamlestaden PLC's interest in certaincompanies where assets or equity interests had been acquired as a result ofnon-performing loans pending realisation. Following the sale of Gamlestaden PLC's minority equity and debtinterests in Torq Limited to a new investor and the resignation of itsrepresentatives from the board, an administrative receiver was appointed on 24May 1993. Mr Aldridge was a director from 4 December 1992 to 9 April 1993 ofTorq Limited. Mr Aldridge was a director of Smartpine Leisure Limited, a whollyowned subsidiary of Gamlestaden PLC and resigned on 9 September 1993. Areceiver was appointed to Smartpine Leisure Limited on 4 February 1994 and thatcompany was finally struck off and dissolved on 13 February 1999. vi) - vii) None viii) Mr Aldridge has not been the subject of public criticism by anystatutory or regulatory authorities. This information is provided by RNS The company news service from the London Stock Exchange