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10 Oct 2011 10:30
10 October 2011
RAM ACTIVE MEDIA PLC
("RAM" or the "Company")
Change of Directorate
The Company announces that, Iain Manley, CFO has decided to leave the Company to pursue other opportunities. RAM has appointed Daniel French to take over the position of Group CFO with immediate effect.
Daniel (age 32) read Economics at Robinson College, Cambridge before qualifying as a Chartered Accountant with KPMG. He has worked with a wide range of large public and private company clients in the retail, leisure and manufacturing sectors. He has driven value creation through improved cash flow and operational performance. He was previously employed at AMF Bowling and was a Director of Business Performance at Hyman Capital. Lately he has lead projects for clients through his consultancy firm Leading Performance Limited. These included a number of projects improving margins and looking for top-line growth opportunities at Tesco. Daniel will be working part time as group CFO. It is expected that he will be dedicating up to two days per week to his role at RAM.
Additional disclosures pursuant to Schedule 2 (g) of the AIM Rules:
Current directorships:
Keynes Marshall Limited
Leading Performance Limited
Total Event Solutions
Past directorships:
HC Procurement Solutions Limited was dissolved in 2009 while Daniel French was a director.
There is no other information that is required to be disclosed with regards to the appointment of Daniel French pursuant to Schedule 2 paragraph (g) of the AIM Rules.
Tim Baldwin, CEO, commented: "The board would like to thank Iain for his years of dedicated service to the Company. We wish him the best in his future endeavours. At the same time we welcome Daniel to the board and look forward to working with him as RAM's operating subsidiaries continue on their path to become established players in their markets."
For further information please call:
Tim Baldwin RAM Active Media plc 0207 518 4303
Sandy Jamieson/Thilo Hoffmann Libertas Capital Corporate Finance Limited 0207 569 9650
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