20th Sep 2006 07:00
Impact Holdings (UK) Plc ("Impact Holdings" or the "Company") Board Change The board of Impact Holdings announces the appointment of Paul John Davies witheffect from the 1st October 2006 as chief executive of the Company.Paul, aged 43, recently resigned as deputy chief executive of the ManchesterBuilding Society, a post he held for 6 years. Paul brings with him 24 years ofbanking and business experience having held senior positions in a number ofcommercial banks, he has been hired to help drive the business forward andimplement the Company's growth strategy.Paul is a director of MBS Mortgages Limited.There is no further disclosure required pursuant to schedule 2(g) of the AIMRules.Commenting on the appointment, Impact Holding's Chairman, Bruce Judge said "Iam delighted to welcome Paul to the Board and believe that his experience inrisk management and commercial banking will assist the Company greatly in itsfurther development".We continue to remain confident that with Paul joining us and the additionalbanking facilities currently under negotiation and the systems that are alreadyhave in place we will be able to meet that demand and continue our current rateof expansion."The Company also announces that Adam Collins, executive director of theCompany, has resigned with immediate effect in order to pursue other businessopportunities, having successfully brought the Company to AIM. The Board wouldlike to thank Adam for his contribution to the Company and wish him everysuccess in the future.For further information, please contact:Bob Long, Executive Director Tel. 0161 437 9499Alastair Cade, Daniel Stewart & Co Tel. 020 7776 6550ENDIMPACT HOLDINGS (UK) PLCRelated Shares:
IHUK.L