28 Jul 2016 13:05
28th July 2016
STILO INTERNATIONAL PLC
Directorate change
By mutual agreement, Richard Alsept will resign from his position as Director, CFO and Company Secretary of Stilo International plc ("Stilo" or "the Company") as of 12th September 2016, subsequent to the anticipated announcement on September 1st 2016 of its interim results for the 6 months ended 30 June 2016. The management of the Company's finance and accounting activities will in future be managed primarily out of Stilo's Canadian office, located in Ottawa, from which the majority of the operations emanate and staff are located. The Board anticipates that a UK-based Company Secretary will be appointed in the coming days, and will be the subject of a separate announcement.
The Board would like to thank Richard for his contribution, over many years, to the ongoing success of Stilo.
ENQUIRIES
Stilo International plc
Les Burnham, Chief Executive
Telephone: +44 (0)1793 441 444
SPARK Advisory Partners (Nominated Adviser)
Neil Baldwin / Mark Brady
Telephone +44 (0) 203 368 3554
SI Capital (Broker)
Nick Emerson / Andy Thacker
Telephone: +44 (0) 1483 413500