15 Sep 2011 07:30
Private & Commercial Finance Group plc
Directorate Changes
Private & Commercial Finance Group plc ("PCFG" or "the Company") is pleased to announce that Nick Winks has joined the board as a Non-Executive Director with immediate effect.
Mr. Winks is a highly experienced businessman who has held senior positions in a wide range of businesses and who has a track record of implementing appropriate changes that significantly improve shareholder value.
In addition, David Anthony, previously Non-Executive Director, has today been appointed as Non-Executive Chairman. Tony Nelson, who was previously Non-Executive Chairman, remains as a Non-Executive Director.
Tony Nelson commented: "We are delighted to welcome Nick to the Board. His wide-ranging experience should prove invaluable as we further develop our strategy for growing the Company. Nick joins David Anthony, formerly Chief Executive of Hitachi Capital (UK) PLC, who was appointed to the board in July and we are fortunate to now have two dedicated and experienced independent directors, both with a strong focus on improving shareholder value.
"I am pleased to say that the board has acceded to my request that David Anthony should take over the role of Chairman and his appointment is effective from today. I will remain on the board and give David my full support."
Further information on Nick Winks
Disclosures in respect of Nicholas Paul David Winks, aged 63, under Schedule Two (g) of the AIM Rules for Companies:
Current directorships/partnerships: | Previous directorships/partnerships in the last five years: |
Adventis Group plc | C.H.H. Conex Limited |
Butler & Young Group Limited | Claimar Care Group Limited |
Butler & Young Holdings Limited | Evans Mechanical Services Limited |
Caspian Media Holdings Limited | Hospedia Limited |
Caspian Media Holdings Limited | Hospital Entertainment Limited |
FJ Jones Heating Engineers Limited | Jupp Limited |
FJ Jones Holdings Limited | K3 Panacea Limited |
Institute For Turnaround | Patient Limited |
K.M.B. Telemarketing Limited | Patientline Canada Limited |
Speedfit Limited | Patientline plc |
Sure Maintenance Group Limited | Polysource Holdings Group Limited |
Sure Maintenance Limited | Project Potion EBT Limited |
Tekdata Group Limited | Project Potion GH Limited |
Tekdata Holdings Limited | Project Potion Group Limited |
Tekdata Interconnections Limited | Project Potion Holdings Limited |
Waypoint Change LLP | S.E.G. plc |
Waypoint Holdings Limited | Tekdata Distribution Limited |
Trustline Limited (dormant) | |
Welland Supplies Limited | |
Mr. Winks was a director of Patientline plc until it was placed into administration on 25 July 2008. In October 2004, Mr. Winks was the Executive Chairman of Jubb Limited when it was placed into administration. Jubb Limited was subsequently placed into a creditors' voluntary liquidation on 2 December 2005.
Nick Winks was also a Director of Colorgraphic plc and its subsidiaries until 30 January 1993. Colorgraphic plc was placed into a creditors' voluntary liquidation on 29 January 1993, and its subsidiaries, Colorgraphic Leasing Limited, Colorgraphic Overseas Limited, Colorgraphic Services Limited, Colorgraphic Group Pension Trustees Limited and Colorgraphic North America Limited, were dissolved in 1994.
Mr. Winks has confirmed that there is no further information to be disclosed in accordance with the requirements of Schedule Two (g) of the AIM Rules for Companies.
Private & Commercial Finance Group plc |
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Scott Maybury / Robert Murray | 020 7222 2426 |
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Westhouse Securities Limited (Nominated Adviser) |
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Tim Feather / Matthew Johnson | 020 7601 6100 |
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