15 Jun 2012 13:32
Tangent Communications PLC Board Appointment
Tangent Communications plc ("Tangent" or the "Company")
David Steyn appointed to the Board
Tangent is pleased to announce that with effect from 15 June 2012 David Steyn (age 52) will join the Board of Tangent as a non-executive director. Prior to joining Tangent, David Steyn was Chief Operating Officer at AllianceBernstein.
David said "Tangent is a very interesting company; young, profitable and with huge potential. Tangent's subsidiary, printed.com, is at the forefront of the digital print sector offering online services with accessibility, flexibility and innovation at its centre".
David Steyn joined AllianceBernstein, then as founding CEO of Stanford C Bernstein's London office in 1999. He became Global Head of Institutions and Distribution and was a member of AllianceBernstein's Executive Committee.
David started his career at Montagu as Head of Fixed Income before joining Lazard's in 1986 as Head of Fixed Income.
David studied Law at Aberdeen University. He is the author of "Market Neutral: Engineering Return and Risk".
Michael P. Green, recently appointed Chairman, said: "David is joining Tangent at a crucial time in our development. printed.com has the potential to emerge as one of the leading online print shops. David's independence and objectivity will help the Board address the complex options ahead".
For further information, please contact:
Tangent Communications plc 020 7462 6100
Timothy Green, CEO
Canaccord Genuity Limited 020 7523 8350
Bruce Garrow
About the Company:Tangent employs 240 people across four locations in London, Newcastle, Cheltenham and Melbourne and is traded on AIM (AIM: TNG). For more information please visit www.tangentplc.com
Further information required by Rule 17 and Schedule 2(g) of the AIM rules for Companies:
David Steyn does not currently hold any shares in Tangent Communications plc
David Steyn, (52), has been a director of the following companies and partnerships in the last five years:-
AllianceBernstein Holding L.P.AllianceBernstein LimitedAllianceBernstein (Australia) LimitedAllianceBernstein (New Zealand) Limited
No further disclosures are required under Schedule 2 paragraph (g) of the AIM rules.