TEG.L Regulatory News (TEG)

7 Mar 2005 07:02

TEG Environmental Plc07 March 2005 For release 7:00am 7 March 2005 TEG Environmental Plc Board Appointment Tanja Willis becomes Group Finance Director TEG Environmental Plc ("TEG" or "the Company"), the leading edge greentechnology company which converts organic wastes into natural organicfertilizer, announces that Tanja Willis has been appointed as Group FinanceDirector, with immediate effect. Tanja (aged 31), has been the Company'sFinancial Controller and Company Secretary since 8 November 2004 and willcontinue to be based at TEG's Head Office in Preston. She joined TEG in June2004 as Financial Manager from Preston North End Plc, operators of aprofessional football league club, where she was for two years up to 2004, themanagement accountant reporting directly to their Financial Director. Prior to this Tanja was at Blackpool Borough Council as a Project Accountant ontemporary assignment. Before that, she was for four years the Financial Managerof international manufacturers of window coverings and architectural products,Hunter Douglas SA (Pty) Ltd. At Hunter Douglas, which comprised 160 companieswith 64 factories, 96 assembly operations and marketing organisations in over160 countries, Tanja reported directly to the Financial Controller based inRotterdam. Tanja began her career at Electronic Accounting, a Chartered AccountingPractice, before graduating from the University of South Africa with a Bachelorin Accounting Sciences in 2003. She is married. Her hobbies include hiking andswimming. Commenting, Dick Bilborough, Chief Executive of TEG, said: "Tanja has excelledin her roles as Finance Controller and Company Secretary since joining theCompany last June. We are pleased that she has accepted the position of FinanceDirector. Her appointment follows that of Michael Fishwick as our ChiefExecutive Elect at the end of January, along with a number of recent seniormanagement appointments, which completes our executive line up of ayoung, enthusiastic team. This will help take TEG forward nationwide as wecontinue to close on contracts which have been long impending awaitinglegislation compliance dates now due 2005/06. This was underlined by the Cityand County of Swansea recently approving the acceptance of TEG's proposals forthe provision of our TEG Silo-Cage in-vessel composting systems, valued at£925,000." There are no details to be disclosed of Directorships held by Tanja Willis inany other publicly quoted company at any time in the previous five years.Furthermore, there are no disclosures to be made according to paragraph 6.F.2(b) to (g) of the UK listing rules. ENDS For further information please contact: TEG Environmental Plc Dick Bilborough 01772 422220 Chief Executive 07774445086 Binns & Co PR Ltd Peter Binns 020 7786 9600 Hannah Sloane Editor's Notes: TEG designs and produces a specialised composting system that provides a proven,efficient and cost-effective disposal alternative to landfill or incineration asa means of treating organic waste. Potential customers include contractors,local authorities, waste management companies, food processors, farmers andlandowners. The Company's expanding market is driven by increasingly stringentEU and UK legislation regulating the treatment and disposal of organic waste. This information is provided by RNS The company news service from the London Stock Exchange