27 May 2016 07:00
27 May 2016
Rotala plc
("Rotala" or "the Company" or "the Group")
Directorate Change
Rotala plc (AIM: ROL), a provider of transport solutions across the UK, announces the appointment of Graham Spooner as Non-Executive Director with immediate effect. Graham Michael Spooner, aged 62, is an experienced venture capitalist, corporate financier and non-executive director. He currently works as a consultant providing strategic and corporate governance advice, project management, and independent director services to smaller companies.
Having graduated from St. John's College, Cambridge in 1974, he spent 19 years at private equity firm 3i PLC, most recently as a director. He subsequently worked in numerous corporate finance and investment management roles including head of corporate finance at Olliff & Partners and HLB Kidsons. He has also held non-executive directorships of several other companies, including Dunn-Line plc, the AIM quoted regional bus and National Express operator, from its IPO in December 2004 until its sale in April 2006. Graham is currently an Associate at Amberley Advisory, a firm of corporate finance advisers.
John Gunn, Non-Executive Chairman, commented on the appointment:
"We are pleased to welcome Graham to the board. His previous experience as a director in the bus transportation sector coupled with his extensive strategic expertise will provide an invaluable resource to support Rotala's growth over the coming years."
Further information required to be disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules for Companies:
Current directorships
-First Barrow Court Residents Limited
-Barrow Court Residents Association Limited
Previous directorships within the past five years
-Nacue (Charity)
Graham was a director of Classic VCT Managers Limited ("CVM"), a dormant subsidiary company placed into liquidation as part of a corporate restructuring 11 months after his resignation from CVM in May 2005.
For further information please contact:
Rotala Plc | 0121 322 2222 |
John Gunn, Chairman | |
Simon Dunn, Chief Executive | |
Kim Taylor, Group Finance Director | |
Nominated Adviser & Broker: Cenkos Securities plc |
020 7397 8900 |
Stephen Keys/Callum Davidson (Corporate Finance) Michael Johnson/Julian Morse (Corporate Broking)
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About the business
Rotala provides a range of transport solutions, from local bus services under contract to local authorities, to commercial bus routes. Rotala has operations at Heathrow Airport, in the West Midlands, the North West and the South West of England.