15 Sep 2009 12:59
The Conygar Investment Company PLC ("the Company")
Appointment of Director
The Board has today appointed Preston Rabl as a director of the Company. Preston is currently Chairman of Laxey Partners Limited and is also a director of various private companies. He is a Chartered Accountant and was a partner in stockbrokers Henderson Crosthwaite. He jointly founded WPP plc from which he resigned in 1987, since when he has been an investor in, director of or advisor to various public and private companies.
Preston holds 125,000 shares representing 0.26% of the Company's current shared issued capital and, as announced separately today, has agreed to subscribe for further shares in the Placing.
Robert Ware, Chief Executive of Conygar, said:
"I am extremely pleased that we have been able to persuade Preston to join our Board. He has already been instrumental in the success of our recent Placing and will help us achieve our strategy of expansion."
For further information please contact:
The Conygar Investment Company PLC
Robert Ware 020 7408 2322
Peter Batchelor 020 7408 2322
Oriel Securities Limited (Nominated Adviser)
Michael Shaw 020 7710 7725
Gareth Price 020 7710 7626
Additional information to be disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in respect of Preston Martin Charles Rabl, aged 60.
Current Directorships
Laxey Partners Limited
Laxey Partners (UK) Limited
Blueford Limited
Amberhook Investments Limited
Amberhook Properties Limited
WES Real Estate LLP
Previous Directorships in the previous five years
Wood and Company (UK) Limited
TDG Limited
LHF Realisations Limited
MU Realisations Limited
Sales Activation Solutions Group Limited
Saurer AG
Other Information
Preston was an investor in and hence a director of The Visual Communications Partnership Limited when it went into creditors' liquidation in 1991. Preston was not involved in the operations of the company.
The directors of Conygar accept responsibility for the information contained in this announcement. The best of the knowledge and belief of the directors of Conygar (who have taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
Conygar Inv (CIC)