PIRI.L Regulatory News (PIRI)

23 Dec 2005 07:00

Oak Holdings PLC23 December 2005 Oak Holdings plc / Epic: OAH / Index: AIM / Sector: Property Development 23 December 2005 Oak Holdings plc ('Oak' or 'the Company) Directorship Changes Oak Holdings plc, the AIM listed property development and consultancy group,announces that Stephen Thomson has resigned as a director with immediate effect.The Directors would like to thank him for his contribution during and afterthe reverse take over by AWG Services plc of Oak Holdings Limited. * * ENDS* * Contacts: Stephen Lewis Oak Holdings plc Tel: 020 7493 5522Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7242 4477 Notes for editors: • AIM-listed Oak Holdings plc is a development company and property consultancy. • Its strategic focus has been on developing mixed-use, leisure-oriented projects in addition to creating an income-producing property consultancy business. • Oak's flagship scheme is the YES! Project located on a 327 acre ex-coalfield site adjoining the Rother Valley Country Park in Rotherham where the Company hopes to develop a state-of-the-art leisure and entertainment centre. • Oak's directors have extensive experience in property development and investment and are well known professionals in the property industry. Its team includes Malcolm Savage who spent 22 years with St Martins Property Corporation; and Stephen Lewis, who was also at St Martins then moved on to be responsible for Castle Mall, Norwich, Heron City Projects in Europe and Allied Irish Bank in Uxbridge in addition to several leisure schemes throughout Europe. This information is provided by RNS The company news service from the London Stock Exchange