3 Sep 2009 15:35
RNS Number : 5038Y
Impax Group PLC
03 September 2009
For immediate release
3 September 2009
Impax Group PLC
("Impax" or the "Company")
Board appointment
Impax Group PLC ('Impax'), the AIM listed specialist investment manager focused on the environmental sector is pleased to announce the appointment of Mr. Vince O'Brien, as a Non-Executive Director of the Company from 3rd September 2009.
Vincent Gerald O'Brien (51), is currently a director of Montagu Private Equity and has worked in the private equity industry for over twenty years. Originally qualifying as a Chartered Accountant with Coopers and Lybrand he joined Montagu Private Equity in 1993. Formerly Mr. O'Brien was Chairman of the BVCA and served on its Council for seven years.
Keith Falconer, Impax Group PLC chairman, commented:
"We are delighted that Vince has joined the Impax Board. Our private equity business is making excellent progress, and, with his considerable experience in this area, I am confident that Vince will bring a valuable strategic perspective to the Company".
Mr. O'Brien commented that:
"Impax is a well-managed, dynamic young business operating in an exciting growth sector. I hope to make a positive contribution to its development in the coming years."
For further information:
| Impax Group plc | |
| Keith Falconer, Chairman | 07747 066637 |
| Ian Simm, Chief Executive | 020 7432 2619 |
| | |
| Noble & Company Limited | 020 7763 2200 |
| John Riddell, Director | |
| | |
| Penrose Financial | |
| Gay Collins | 020 7786 4882 gayc@penrose.co.uk |
| Shona Prendergast | 020 7786 4884 shonap@penrose.co.uk |
| | impax@penrose.co.uk |
The following information is disclosed pursuant to Rule 17 of the AIM Rules for Companies.
| Current Directorships or Partnerships: |
| |
| HSBC Private Equity (Asia) Limited |
| HSBC Private Equity Middle East Management Limited |
| Keeping Kids Company |
| MML II Limited |
| Montagu Equity Limited |
| Montagu Private Equity LLP |
| MPE Associateco Limited |
| MPE G.P. Limited |
| MPE G.P. (Scotland) Limited |
| MPE K.G.P. Limited |
| |
| Directorships or Partnerships held in the last 5 years: |
| |
| The British Private Equity and Venture Capital Association |
| Futurebuilders England Limited |
| MLLP Holdings Limited |
| Montagu Funding Limited |
| Montagu Holdings Limited |
| Montagu Management Limited |
| Montagu Oldco Limited |
Directorships of companies that have gone into liquidation
| HSBC Smaller Investments (UK) Limited |
| Mr O'Brien resigned as a director on 20 September 2000. The company was solvently wound up via a members voluntary liquidation on 25 October 2000. |
Save as disclosed above, there are no further details required to be disclosed pursuant to schedule 2(g) of the AIM Rules.
-Ends-
About Impax
Impax Group PLC, which is quoted on the Alternative Investment Market of the London Stock Exchange, was founded in 1994 as a specialist finance house focusing on the markets for cleaner or more efficient delivery of basic services of energy, water and waste. The firm has a track record of delivering excellent returns across long only, private equity and hedge fund strategies.
Impax's dedicated team of professionals, with many years of experience in the financial and environmental sectors, is ideally placed to understand and take advantage of the investment opportunities arising from the fast growing environmental markets sector.
Impax manages assets for institutional and private investors across a range of listed and private equity funds.
For further information please visit: www.impax.co.uk
About Penrose Financial:
Penrose Financial is an award-winning specialist PR consultancy for the financial services and capital markets industries. Founded in 1998, Penrose is 100% owned by the partners and staff. Our core areas include retail financial services, institutional investment management, alternative investments, private equity, investor services and consultants, banking, capital markets and research. We are the only UK PR consultancy to combine these sectors in specialist teams. Penrose's clients include many leading UK and international financial institutions.
For further details go to: www.penrose.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
Impax Asset Management (IPX)