UNG.L Regulatory News (UNG)

15 Aug 2007 07:01

Universe Group PLC15 August 2007 15 August 2007 Universe Group plc ("Universe" or the "Company") Directorate change The Board of Universe is pleased to announce the appointment of Mr. MalcolmDavid Coster as Non-Executive Director of the Company with immediate effect. Malcolm Coster has over 20 years experience at board level positions intechnology services and manufacturing companies. He is currently Non-ExecutiveChairman of Fiberweb Plc and Chairman of MTL Instruments Group Plc. In additionhe chairs the technology consultancy, The DMW Group, and is a member of theInternational Advisory Board of MCC Global NV, a global private equity merchantbank. Prior to these roles he was President of Europe, Middle East and Africa forUNISYS Corporation from 1994 to 1997, and an executive member of the Board andManaging Partner of Management Consulting in Coopers & Lybrand from 1986 to1994. His earlier career was in senior international IT positions with the BPGroup. Mr Coster has a Special Honours degree in Mathematics from Kings College,London and is a qualified Chartered Engineer. John Scholes, Chairman, commented "I am delighted to welcome Malcolm Coster toour board. Malcolm brings much relevant experience to Universe from his longcareer in international IT roles." Malcolm David Coster, aged 63, holds or has held the following directorships: Current DirectorshipsMTL Instruments Group PlcElenium Services LimitedFiberweb PlcThe DMW Group LimitedGolf Side Limited Past DirectorshipsUnisys LimitedPerforming Rights Society LtdMC Consultants LtdIX Imaging PlcMCPS - PRS Alliance LtdWarp Solutions LtdTorotrak PlcBTG Plc Mr. Coster has served as a director of BTG Capital Limited, which was liquidateddue to the solvent restructuring of its corporate group, and as a director of IXImaging Plc, which was liquidated due to the competitive nature of the businessin technology research. BTG Capital Limited did not have any outstanding debtsthat could be satisfied when it was liquidated on 5 May 2006. A resolution forthe winding-up of IX Imaging Plc was passed on 30 June 2003, with liabilitiesoutstanding to its creditors of £2,420,905.14 which could not be satisfied.Malcolm Coster was a creditor of IX Imaging Plc and received a portion of hisnon-executive salary as payment from the liquidator. There are no other details required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules. For further information please contact: Universe Group plc Charles Stanley TavistockJohn Scholes, Chairman Securities CommunicationsPaul Cooper, Chief Executive Nominated Adviser John West Russell Cook Andrew Dunn Carl Holmes Tel: 02380 689510 Tel: 020 7149 6000 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange