Directorate Change

13 Jun 2006 13:47

Bionex Investments PLC13 June 2006 13 June 2006 Bionex Investments plc Board appointments Bionex Investments plc ("Bionex" or "the Company") is pleased to confirm, asreported in its interim results released on 12 June 2006 ("the Interims"), thatOliver Vaughan and Tim James were appointed to the Board of the Company witheffect from that date. The following information falls to be disclosed in respect of the two directors. Other directorships Other current directorships Directorships held within the last five years Oliver John Vaughan, aged 59 Bourne Street Capital LLP Casper Investments Limited* Boldwood Limited Cross Ash Holdings Plc* Cassian Investments Plc Elite Strategies Plc Corporate Synergy Group Plc Marine Force Limited* Corporate Synergy Holdings Plc Mountcashel LLP Gulf International Minerals Ltd Mountain Force Limited* Mountcashel Employees Trustees The Bell Inn, Skenfrith Limited* Limited The Evolution Group Plc Newbourne Plc OVTV Limited Pendington Limited Redstone Plc Sailing Adventures Limited Tajikistan Natural Resources Limited The Bell at Skenfrith Limited Yachtinggateway.com Limited Tim Michael James, aged 52 Avidfleet Management Limited 35/49 Queen's Gate Terrace Management Limited C D James (Property Consultants) Limited Alvyne Limited Farley & Co Limited Chelsea & Kensington Bes Plc Farley Group Holdings Limited Finhome Limited Farley Group Plc Handyform Limited Farley Management Company Limited Humberts Limited Farley Professional Services Limited Rosseau Limited Farley Trustees Limited Kensington & Chelsea Aviation Limited Number 10 Sydney Street Management Company Limited * - see Attachment to this announcement In addition, Mr Vaughan was previously a director of Bionex from December 2000until September 2002. Shareholdings in the Company No. of Ordinary Shares held Percentage of issued share capital Oliver Vaughan 15,568,864** 8.75%Tim James 10,000,000** 5.62% ** - including a subscription for 10 million Ordinary Shares, as reported in theInterims Other than those matters included in the attachment to this announcement, thereare no other requirements of AIM Rule Schedule 2(g) that fall to be disclosed. Enquiries: Christopher Roberts 020 7448 4400Bionex Investments plc Peter Jackson 020 7220 1666W H Ireland Limited Attachment In accordance with AIM Rule Schedule 2(g), the following information isdisclosed in respect of Oliver Vaughan. Oliver Vaughan was a director of the following companies, which went intocreditors' voluntary winding-up, liquidation, administrative receivership ormembers' voluntary liquidation subsequent to his resignation from the relevantboard: 1. Jetlodge Limited (formerly The Complete Picture Limited) (resigned September 1995). This company was the subject of a creditors' voluntary winding-up which was commenced in January 1996 and completed in June 1997. The amount owing to creditors was £207,341. 2. eBop Media Plc (resigned September 1999) and eBop Limited (resigned August 1999). Both companies went into liquidation on 19 December 2000 with estimated deficiencies to creditors of £209,336 and £2,038,958 respectively. 3. AB428 Limited (formerly Marine Force Limited) (resigned August 2002). The company went into administrative receivership on 26 September 2002. The date of final dissolution was 21 March 2006, with a deficiency to creditors of £1,421,269. 4. Databeat Digital Music Systems Limited (resigned December 1991). This company was the subject of a creditors' voluntary winding-up which was commenced in February 1992 and completed in October 1994. The amount owing to non preferential creditors was £324,977. 5. Ballynatray Holdings Plc (resigned 8 January 1997). The company was placed in members' voluntary liquidation on 8 November 1996. A declaration of solvency was filed on 1 March 2000 which stated that there were no liabilities and that there was a surplus of £18,864,361. In addition, Mr Vaughan was a director of the following companies which weredissolved during his period of office: 1. Casper Investments Limited, dissolved in June 2004 with no outstanding balances owing to creditors. 2. The Bell Inn, Skenfrith Limited, a dormant company, dissolved in October 2004 with no outstanding balances owing to creditors. 3. Cross Ash Holdings Plc, dissolved in February 2003 with no outstanding balances owing to creditors. 4. Mountain Force Limited, dissolved in March 2003 with no outstanding balances owing to creditors. This information is provided by RNS The company news service from the London Stock Exchange