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Director appointment

16th Jun 2008 07:00

RNS Number : 7354W
Avanti Communications Group Plc
16 June 2008
 



Date: 16 June 2008

On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")

Embargoed until: 0700hrs

Avanti Communications Group plc

Director Appointment

Avanti Communications Group Plc ("Avanti" or "the Company") (AIM: AVN), the satellite operator, is pleased to announce the appointment to its Board of Ian Colin Taylor MP (63) as a Non-Executive Director. Ian joins with immediate effect.

Ian is MP for Esher and Walton, having entered Parliament in 1987 after a career in investment and corporate finance.  He was Minister for Science and Technology (including Space) at the Department of Trade and Industry (1994-97).  He now chairs the Conservative Party's Policy Task-force on Science, Technology, Engineering and Mathematics. He is also Chairman of the Conservative Group for Europe

John Brackenbury, CBE, Chairman of Avanti Communications commented;

"We are delighted to welcome Ian to our board. There are few people who have greater experience in navigating the geo-politics of the global space industry than Ian and we look forward to benefiting from his wise counsel and extensive international relationships." 

Ian holds 2,885 shares in Avanti through his SIPP

The companies in which Ian Taylor MP has been a director of in the past five years are as follows:

Next Fifteen Communications plc*

Petards Group plc*

AXA - Framlington Limited*

Fentiman Consultants Limited*

Speed-trap Limited*

EURIM - European Informatics Market Limited*

The Parkmead Group plc

Radioscape plc

Hudson Venture Partners Limited

European Movement Limited

Current Directorship

Ian Taylor MP was a Director of Hudson Venture Partners Limited, an investor in early stage technology companies, from September 1997 to September 2002. The company was placed in receivership in March 2003. Ian was a Director in Modern Composites Limited when the company was placed in receivership in 1979.

There are no further disclosures to be made under Schedule 2, paragraph (g) of the AIM Rules.

Enquiries to:

 

Avanti Communications Group plc

http://www.avanti-communications.com/

David Williams

020 7749 1600

Redleaf Communications Ltd

[email protected]

Samantha Robbins/ Anna Dunkin

020 7822 0200 

Cenkos Securities plc

Ivonne Cantu / Julian Morse

 020 7678 8000

Notes to Editors:

About Avanti Communications

Avanti sells data telecoms services business to business using highly advanced Ka band satellites which it owns and operates;
Avanti has three orbital positions which provides coverage of Europe, India, The Middle East, Central Asia, Africa and the Americas;
Avanti sells wholesale bandwidth and managed services in five application markets: broadband, corporate data networks, IP backbone, video distribution and military;
Avanti's first satellite, called HYLAS is under construction and due for launch in 2009; the company plans to launch further satellites; The HYLAS project is fully funded following successful completion of a long term debt facility in July 2007; Avanti Communications Group is the only licensed Fixed Satellite Services operator headquartered in the UK (and one of only eight such groups operating in Europe).

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