Parkmead Regulatory News (PMG)

7 Jun 2006 12:30

Parkmead Group (The) PLC07 June 2006 The Parkmead Group plc 22-23 Old Burlington Street London W1S 2 JJ T +44 (0)20 7494 3080 F +44 (0)20 7494 3090 www.parkmeadgroup.com Press Release7th June 2006 Gordon Ashworth Appointed Finance Director At The Parkmead Group plc The Board of The Parkmead Group plc, the investment group, announces theappointment of Gordon Ashworth as Finance Director. He replaces Martin Cooperwho is resigning from the Board to pursue other interests. These changes aremade with immediate effect. Gordon Ashworth, aged 43, was previously Finance Director and Chief ExecutiveOfficer of Asite plc, a listed technology company focused on the constructionsector. Prior to this, Gordon gained experience as Finance Director in the ITcontracting, hospitality, consulting, and banking sectors. Gordon qualified asan accountant in 1989. Gordon is currently a director of Asite plc and Trading Faces Arts Limited andin the last 5 years has been a director of: K2 Human Capital Solutions Limited,K2 Partnering Solutions Limited, LOC 10 Limited and Encoreforum Limited. There is no further information to disclose in respect of Gordon Ashworth underparagraph (g) of schedule 2 of the AIM Rules. Niall Doran, Chief Executive of The Parkmead Group plc said: "We are delighted to have Gordon join the Board. His broad experience will be ofgreat assistance to us as we grow the business in our three core areas ofbusiness turnaround, principal finance and corporate finance. I would like to thank Martin Cooper for all his efforts, especially during thesignificant reshaping of the business this year. We wish him well with his plansfor the future." Ends For further information: The Parkmead Group plcNiall Doran 020 7494 3080 Madano Partnership (PR to The Parkmead Group plc)Matthew Moth/Toby Wilkinson 020 7593 4000 Notes to editors: Founded in 1992, The Parkmead Group plc is a London-based investment group. Itprovides the following services to its clients: • Turnaround management consulting• Principal finance/investment• Corporate finance The Company operates across a wide variety of sectors including: energy,technology, leisure, manufacturing and aerospace. The Parkmead Group plc is quoted on the London Stock Exchange's AlternativeInvestment Market (symbol: PMG) and is authorised and regulated by the FinancialServices Authority. In May 2006, The Parkmead Group plc changed its name fromInterregnum plc. www.parkmeadgroup.com This information is provided by RNS The company news service from the London Stock Exchange