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Appointment of Group Finance

1st Sep 2008 07:00

RNS Number : 4022C
API Group PLC
01 September 2008
 



1 September 2008

API GROUP PLC

APPOINTMENT OF GROUP FINANCE DIRECTOR

API Group plc, the specialist packaging materials company, announced today the appointment of Christopher Ian Charles Smith (age 44) as Group Finance Director. 

Mr Smith, who will formally join the Board at its next meeting on 23 September 2008, is a Charted Accountant with 17 years industrial experience with Courtaulds plc and latterly with Scapa plc, a manufacturer of adhesive tapes and films. At Scapa, he was Finance and IT Director for Europe and Asia

Commenting on the appointment, Richard Wright, Non-executive Chairman of API, said:

 

"The Board is delighted to welcome Chris as a director and member of the executive management team. He brings considerable experience relevant to API’s manufacturing operations and geographical spread and is well qualified to support the Board with its key objective of improving the Group’s financial performance.

At this time, the Board would also like to thank Richard Scully who has served as Interim Chief Financial Officer since Andrew Robertson stepped down in March of this year." 

Other than as set out below, there are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 of the AIM Rules. 

Ends

Enquiries

Andrew Turner, Chief Executive, API Group plc

01625 650 334

Nicola Biles, Financial Dynamics

020 7831 3113

Numis Securities Limited

Nick Westlake, Nominated Advisor

James Serjeant, Corporate Broking

 

 020 7260 1000

 

Schedule

 

 

Details of the names of companies and partnerships of which Christopher Smith has been a director or partner at any time in the previous five years are set out below.

 

(i) Current directorships and partnerships

 

None

 

(ii) Previous directorships and partnerships

Scapa UK Ltd

Medifix Adhesive Products Ltd

Boldscope Ltd

Scapa Italia SpA

Scapa Schweiz AG

Scapa Deutschland GmbH

Scapa Benelux BV

Scapa Belgium SA

Scapa Iberica SA

APACS Ltd (formerly Scapa Tapes (Ireland) Ltd)

Scapa Teoranta, (Eire). Christopher was a director of Scapa Teoranta when it entered a members voluntary liquidation and completed it's dissolution in October 2006.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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