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8 Jan 2013 18:16
8 January 2013
The Hotel Corporation plc ("HCP")
Board Changes
The Hotel Corporation PLC (the "Company"), an AIM listed investment company owning 49.9% of Puma Hotels plc and its subsidiaries, today announces that, Barclay Douglas, Chairman, has decided to step down as a director of the Company with effect from 6 April 2013. The board wish to thank Barclay for the significant contribution he has made to the Company since its launch in 2004 and wish him every success in the future.
In addition, Derek Short, non-executive director of HCP having reached 70 years of age is required to retire as a board director pursuant to the Articles of the Company. Accordingly, the Board intends to convene a meeting of shareholders in order to remove the clause requiring directors to retire at 70 years of age. A further announcement will be made in due course.
Enquiries:
The Hotel Corporation plc 01624 626586
David Craine
Shore Capital and Corporate Limited 020 7408 4090
Anita Ghanekar / Toby Gibbs
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