SGM.L Regulatory News (SGM)

7 Mar 2007 11:07

Sigma Capital Group PLC07 March 2007 For Immediate Release 7 March 2007 SIGMA CAPITAL GROUP PLC ("Sigma" or the "Company") Board and Management Changes Sigma Capital Group plc (AIM:SGM), the specialist asset management and advisorygroup, is pleased to announce a restructuring of its board and the appointmentof Mark Hogarth to the board as an Investment Director in order to reflect thedevelopment and growth of its business and the responsibilities within. Under the new structure Graham Barnet, previously Joint Managing Director, willtake up the post of Chief Executive Officer and Neil Crabb, previously JointManaging Director, will take up the post of Chief Investment Officer. Sigma'sboard will now comprise, Graham Barnet Chief Executive Officer, Neil Crabb ChiefInvestment Officer, Marilyn Cole Finance Director, Mark Hogarth InvestmentDirector and Brian Hadfield non-executive Chairman. The board is currentlyreviewing the position of further non-executive directors and expects toannounce an appointment this year. Mark Hogarth (32) has been with Sigma on the investment team for five years andwas appointed to the board of the operating company Sigma Technology ManagementLimited ("STM") in January 2005. For the past 18 months Mark has been aninvestment director involved in sourcing and reviewing investment proposals forSigma's funds and reporting to Sigma's Investment Committee. As well asnegotiating investments and leading the investment transactions, Mark also sitson the boards of a number of Sigma's portfolio companies. Mark has worked onmore than 30 investment rounds since joining Sigma in 2002. Mark was previouslywith Andersen Business Consulting where he worked with blue chip clients on arange of technical, strategic and business issues. In addition to the above, we are pleased to announce the appointment of JackieMcKay to the STM board, subject to regulatory approval. Jackie (47) has beenwith Sigma since 2000 and is principally responsible for the organisation ofSigma's funds, supporting its fundraising activities and the management ofSigma's university relationships. Prior to Sigma, Jackie worked on the executiveteam serving the main board at HBOS plc. ENDS ContactSigma Capital Group plcGraham Barnet, Chief Executive Officer 0131 220 9444Neil Crabb, Chief Investment Officer 020 7653 3200 Buchanan CommunicationsDiane Stewart/Isabel Podda 0207 466 5000 About Sigma Capital Group plc Sigma Capital Group plc is an AIM-listed UK asset management and advisory groupwhich focuses on Specialist Fund Management, Commercialisation of University IP and Property. Sigma was founded in 1997 by Graham Barnet and Neil Crabb, and has offices in Edinburgh and London. www.sigmacapital.co.uk This information is provided by RNS The company news service from the London Stock Exchange