24th Jan 2007 13:04
CRC Group PLC24 January 2007 24 January 2007 CRC Group plc ("CRC" or the "Company") Board changes, change of Nominated Adviser and cancellation of trading on AIM As announced earlier today the offer for CRC by Fonebak plc ("Fonebak") has beendeclared unconditional in all respects. Consequently, as stated in the offerdocument posted on 19 December 2006, the CRC non-executive directors (namely JanAstrand, David Bird, Robert Gogel and Pat Thompson) have resigned from the CRCBoard with immediate effect. In addition David Kelham (Chief Financial Officer)has also resigned. Arthur Rupert Crocker (aged 45) (currently Group Finance Director of Fonebakplc) is appointed to the Board of CRC with immediate effect. Arthur is adirector of or has previously been a director of the following companies: Current directorships Fonebak PlcFonebak SA (formerly Shields Environmental SA )Fonebak SARL (formerly Shields Environmental SARL)Fonebak GmbH (formerly Shields Environmental GmbH)Intec Distribution LimitedIntec Cellular Services LimitedIntec Group LimitedShields Environmental Group (Holdings) Limited Liquidated companies Broomco (3470) Limited Previous directorships in the past 5 years Intec Leisure LimitedSustainable Technologies USA Inc (USA)8675 Florida Inc (USA)Netbak LimitedShields Environmental plcShields Environmental Group plcShields Environmental Inc (Canada)Shields Telequip Inc (Canada)Sustainable Technologies Canada Inc (Canada)Shields Telequip Inc. (USA)Shields Environmental Holdings Inc (USA)Shields Environmental Inc (USA)Shields Environmental Pte Ltd (Singapore)Shields Environmental BV (Holland) As at the date of this announcement Arthur holds no ordinary shares in CRC andthere is nothing further to disclose in relation to this appointment underSchedule Two, paragraph (g) of the AIM Rules. The Company also announces that Rothschild has resigned as nominated adviser andKBC Peel Hunt has been appointed as sole nominated adviser and broker to CRCwith immediate effect. In accordance with Fonebak's intentions as stated in the offer document, CRC hasmade an application for the cancellation of trading of its shares on AIM to takeeffect from 22 February 2007 or such later date as Fonebak may determine and,thereafter, to re-register CRC as a private company under the relevantprovisions of the Act. - ends- For further information, please contact: Weber Shandwick Financial 020 7067 0700Chris Lynch / Charlie Hooper This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BLTG.L