Appointment of Director

Tricor Plc

Appointment of Director

Tricor plc ("the Company" or "Tricor") is pleased to announce that Ajay Kumar Rajpal, ACA (Age, 40) has joined the Board of the Company as Chief Financial Officer effective today. Ajay is a qualified Chartered Accountant and a member of the Institute of Chartered Accountants in England & Wales.

Ajay has a background in cross-border mergers and acquisitions, financial management and corporate recovery, having qualified with Arthur Andresen, and worked within a FTSE 100 company and a number of other internationally based organisations. Ajay has recently relocated back to the UK after moving to the Middle East in 2002.

Ajay was previously Managing Director of Wenham Major Ltd, the UAE branch of the UK chartered accountancy practice established within the Dubai International Financial Centre in 2007. His other previous directorships also include Realty Ventures Ltd and Assinvest Telecom International, SpA. Ajay retains his directorships in Premier Investment Consultancy FZE, Green Fuel Tech Ltd and The LunchBox Has Landed Ltd.

Lawrence Brooks, CEO of the Company said, "Ajay's appointment to the Board brings invaluable financial expertise and international experience, to bolster existing management and assist with the Company's strategy of enhancing shareholder value"

There are no further disclosures to be made in accordance with Schedule 2(g) of the AIM Rules for Companies.

Tricor PLC

Lawrence van Kampen-Brooks

CEO / MD

Telephone - +44 207 099 7703

Email - [email protected] 

ZAI Corporate Finance

Ray Zimmerman/ Sarang Shah

Tel +44 207 060 2220