8th Jun 2006 14:28
IPSA Group PLC08 June 2006 8th June, 2006 IPSA Group PLC ("IPSA" or "the Company") Appointment of Director IPSA is pleased to announce the appointment of Neil Bryson, former Chairman ofThe Electricity Pool of England & Wales, as an independent non-executiveDirector of the Company with immediate effect. Neil graduated in Geology from the University of Durham and has spent over 35years in the energy sector. Neil worked as an exploration manager and chiefcoal geologist in his early years before taking up a role as a technical coalspecialist to the United Kindom's Department of Energy advising on coal industrymatters. In 1987 he acquired a 50% interest in Faldane Limited, owner of thelargest private coal mine in Scotland, and became its Commercial Director. In1988 he was one of the founder directors of Lakeland Power Limited, developerand owner of the first gas-fired independent power generation project in the UK.Since 1991 Neil has been running his own company, Balmyle Limited, whichprovides consultancy and interim management services, mainly to the powersector. Neil does not currently have an interest in the share capital of the Company. Commenting on the appointment Peter Earl, Chief Executive Officer of IPSA, said: "We are delighted that Neil will be joining our Board at IPSA. Neil'sexperience and knowledge of both electricity and coal production will be of hugevalue to the Company as we continue to expand our portfolio of power projects inSouthern Africa." For further information please contact: Peter Earl, CEO, IPSA Group Plc 0207 793 7676Adam Westcott, Noble & Company Limited 0207 763 2200 Allan Piper, First City Financial 07736 064 982 0207 436 7486 Additional information In accordance with Schedule 2 (g) of the AIM Rules, the following information inrelation to the appointment of Neil Bryson (age 57) as a director of IPSA isdisclosed: Current directorships and partnerships: Cumbria Power Limited, DirectorMelkit Limited, DirectorOgilvy & Estill Limited, DirectorAssociation of Electricity Producers Limited, DirectorMineral Development Limited, DirectorBalmyle Limited, DirectorEnvironmental Facilities Limited, DirectorESD Biomass Limited, DirectorJudith Irwin Fine Wines Limited, Director Directorships and partnerships held in the past five years: Marshgate Ventures Limited, Director Save for the information disclosed above there is no other information fallingto be disclosed under Schedule 2(g) of the AIM Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IPSA.L