Lms Capital Regulatory News (LMS)

6 Feb 2007 11:21

Leo Capital Plc06 February 2007 6 February 2007 Leo Capital plc Board and senior management appointments Leo Capital plc ("Leo Capital" or the "Company"), the AIM-quoted investmentcompany with stakes in public and private UK and US companies and funds, ispleased to announce that Robert Rayne has been confirmed as Chief ExecutiveOfficer, Martin Andrew Pexton has been appointed as a director and Tony Sweethas been confirmed as Chief Financial Officer. In addition Pieter Hooft andEdward Snow have joined the UK Investment team. Board Robert Rayne (age 58) has been confirmed as Chief Executive Officer of theCompany. He established Leo Capital's investment activities in the early 1980sand has an extensive track record in private equity in both the UK and US.Robbie was previously Chief Executive of London Merchant Securities plc beforeits merger with Derwent Valley Holdings plc. He is non-executive Chairman of themerged company, Derwent London plc. Martin Pexton (age 50) has been appointed Managing Director of the Company as of1 February 2007 and will be responsible for its day-to-day management, includingits investment activities. Martin was a director of London Merchant Securities plc as well as sixty-six ofits subsidiary companies until 1 February 2007 and of Allen & Overy PensionTrustee Limited until 10 May 2002. He is currently a director of Energy CranesInternational Limited and three of its subsidiaries, Offshore Tool & EnergyCorporation and one of its subsidiaries, Citizen Limited and its subsidiary VioWorldwide Limited, Cityspace Limited, Elateral Holdings Limited and WesupplyLimited (all of which are Leo Capital investments), Inflexion plc (in members'voluntary liquidation), London Human Resource Group and eight of Leo Capital'ssubsidiaries. There is no further disclosure required under paragraph (g) ofSchedule Two of the AIM Rules. Martin holds 165,658 shares in the Companyrepresenting a shareholding of less than 0.1%. Tony Sweet (age 52) continues as Chief Financial Officer, having been appointedin April 2006. In addition to his finance responsibilities, he participatesactively in new deal and investment activities, particularly supportingportfolio companies in formulating strategic plans and funding requirements. UK Investment Team The Company has made two key appointments to the UK Investment team. Pieter Hooft is responsible for the Company's UK investment activities. He hasover 15 years' investment experience in the UK and Europe with individual equityinvestments ranging from £3 - 50 million in both established and emergingcompanies. Pieter's sector experience includes media, consumer, industrial,business services and technology/internet. He previously worked at Apax Partnersand JPMorgan Partners. Edward Snow has been appointed to the UK Investment team. He has been involvedwith technology companies for most of his career and, since 2000, has built atrack record of successfully investing in emerging companies across a range ofsectors. Edward previously worked at Amadeus Capital Partners and at DeutscheBank. Jonathan Agnew, Chairman of Leo Capital plc, commented: "Robbie Rayne has been involved in the investment business since its inceptionand I am pleased to confirm his appointment as Chief Executive. Martin Pexton'sextensive investment and management experience will be of great value to theCompany and his continuing involvement will bring significant benefits. "I am also pleased to welcome Pieter Hooft and Edward Snow to our Investmentteam. Their commercial and investment experience will add significant value tothe Company in all aspects of its investment activities. These appointments mark an important stage in the development of Leo Capital asan independent investment company. We are now assured of the management strengthin depth to take advantage of market opportunities and we look forward to thefuture with confidence." # Ends # Enquiries: Leo Capital plc 020 7935 3555Robert Rayne, Chief Executive OfficerMartin Pexton, Managing DirectorTony Sweet, Chief Financial Officer Brunswick Group LLP 020 7404 5959Simon SporborgAnisha Patel A full list of Martin Pexton's past and current directorships is available onthe Company's website at www.leocapitalplc.com/news. This information is provided by RNS The company news service from the London Stock Exchange