Kings Arms Yard Regulatory News (KAY)

20 Jul 2005 09:36

Quester VCT plc ("the Company") Board ChangesFurther to the successful completion of the Merger of Quester VCT plc withQuester VCT 2 plc and Quester VCT 3 plc, the Directors of the Company arepleased to announce the following changes to the Board.Christopher Wright has been appointed as a non-executive Director, with effectfrom 13 July 2005. He brings significant experience of venture capitalinvesting in technology and life sciences on both sides of the Atlantic, aswell as having managed funds in other classes of private equity.Christopher is currently engaged in a number of roles, including Director ofMerifin Capital Group, Brussels; Advisory director of Campbell Lutyens & Co.Ltd, London; Chairman of Wall Street Technology Partners LLC and Chairman ofNoble Venture Finance. His current activities follow over 20 years experiencewith Kleinwort Benson, latterly having been Global Head of Private Equitywithin the Dresdner Bank Group.David Quysner (formerly Chairman of Quester VCT 3 plc, appointed as a Directorupon completion of the Merger) has resigned from the Board with effect from 20July 2005 because of the requirements of new business commitments. David madean invaluable contribution to the affairs of Quester VCT 3 plc over the periodfrom its launch in January 2000 to the date of the Merger, and to thedevelopment of the arrangements for the Merger itself. The Board wish him wellfor the future.Jock Birney (formerly Chairman of Quester VCT 2 plc, appointed as a Directorupon completion of the Merger) has been appointed as Chairman of Quester VCTplc, with effect from 13 July 2005. He succeeds Tom Scruby, who has served asChairman since the launch of the company in 1996 and will remain as a Director.20 July 2005For further information please contact:Quester Tel: 020 7222 5472Andrew HolmesMartin WilliamsENDQUESTER VCT PLC