3rd May 2011 09:39
For immediate release: 3 May 2011
Cape plc
(the "Company")
Appointment of Tim Eggar as Non-Executive Chairman
Cape plc (AIM:CIU), the international provider of essential non-mechanical support services to the energy and resources sectors, is pleased to confirm, as announced on 2 March 2011, the appointment of Tim Eggar, 59, as Non-Executive Chairman with effect from 1 May 2011. Mr. Eggar has also been appointed as Chairman of the Nomination Committee and a member of the Remuneration Committee.
Mr. Eggar had a distinguished parliamentary career from 1979 to 1997 which included the key Government appointment of Minister for Energy from 1992 to 1996. He has extensive international experience including being Global Head of Integrated Energy Corporate Finance at ABN AMRO, Chief Executive of Monument Oil and Gas, Chairman of Harrison Lovegrove, Chairman of Indago Petroleum and Chairman of Nitol Solar.
Tim Eggar has a beneficial interest in 8,000 ordinary shares of 25p each in the Company, representing 0.007% of the Company's issued share capital.
Save as set out below, there are no further disclosures required under AIM Rule 17 Schedule 2 paragraph (g) in respect of Mr Eggar.
Enquiries:-
Cape plc | |
Martin K May, Chief Executive | +44 (0)20 3178 5380 |
Richard Bingham, Chief Financial Officer | |
M:Communications | |
Patrick d'Ancona | +44 (0)20 7920 2347 |
Ben Simons | +44 (0)20 7920 2340 |
Numis Securities Limited | +44 (0)20 7260 1000 |
Nominated Adviser: John Harrison, Managing Director Corporate Finance | |
Corporate Broker: James Serjeant, Director Corporate Broking | |
JP Morgan Cazenove | +44 (0)20 588 2828 |
Laurence Hollingworth | |
Patrick Magee |
Additional disclosures required under AIM Rule 17 Schedule 2 paragraph (g):
Full name: Timothy John Crommelin Eggar
Current Directorships and partnerships | Directorships and partnerships held within the last 5 years |
3Legs Resources Plc | Expro International Group Limited |
Nitol Solar Limited | Harrison Lovegrove & Co. Limited |
Russo-British Chamber of Commerce | Indago Petroleum |
Shiplake Court Limited | IP Maestrale Energy Italy 1 LLP |
Trent Consulting Limited | IP Maestrale Energy Italy 3 LLP |
TAG Energy Solutions Ltd | RockWell Petroleum Inc* |
SoyuzNeftegaz | Anglo Asian Mining plc |
De Boer Structures Holding BV The Second Scotts Atlantic Distributors LLP
|
*RockWell Petroleum Inc, a Canadian incorporated junior oil and gas company, entered voluntary Companies' Creditors Arrangement Act protection in December 2008. On 19 August 2009 the company filed a Plan of Arrangement with the Court of Queen's Bench of Alberta, Calgary. A Creditor's meeting was convened and a Sanction Order was subsequently filed with the aforementioned court on 23 September 2009. The company subsequently emerged from bankruptcy protection in September 2009. Tim Eggar served as a non-executive director of RockWell Petroleum Inc. from December 2007 to December 2009.
Related Shares:
CIU.L