20 Oct 2008 09:22
20 October 2008
GSH Group plc
('GSH' or the 'Company')
Directorate Change
GSH Group plc (AIM: GSH), the international provider of bespoke facilities management and energy management solutions, announces today that David Simons, Chief Financial Officer and interim Chairman will leave the Board with immediate effect. Mr Simons will continue to be employed by GSH to ensure an orderly handover and expects to leave the Group in twelve months. The Group is currently in the process of recruiting a permanent Chief Financial Officer and an appointment will be announced in due course.
Furthermore, Rob Painting, currently the Senior Non-Executive Director, will take over the role of interim Non-Executive Chairman, with immediate effect. An announcement regarding the appointment of a new Chairman will be made in due course.
Commenting, new interim Chairman Rob Painting said:
"I am delighted to be appointed as interim Chairman of GSH Group, David has played an extremely important part in the Group's growth, and I look forward to his continued, and valued, support over the next twelve months."
As announced on the 13th October, current trading remains in line with Board expectations and the Group exited the year ended 31 July 2008 trading positively. There is strong demand for the Group's services and the Board looks forward to the future with confidence. Preliminary results for the year ended 31 July 2008 will be announced on Thursday 23 October 2008.
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For further information, please contact:
GSH Group plc
Chris McLain / Jamie Reynolds 01782 200400
Bell Pottinger Corporate & Financial
Nick Lambert / Christopher Hamilton 020 7861 3232
KBC Peel Hunt, nominated adviser & broker
Daniel Harris 020 7418 8900
Notes to Editors:
GSH Group plc
GSH Group is the UK's fastest expanding FM specialist and a leading international player. The Group is dedicated to providing high quality energy and facilities management solutions designed to meet clients' specific needs and objectives.
www.gshgroup.com
GSH.L (GSH)