29th Aug 2006 07:01
Cape PLC29 August 2006 Cape PLC ("Cape" or the "Company") DAVID ROBINS JOINS CAPE PLC AS A NON-EXECUTIVE DIRECTOR Cape PLC (AIM:CIU) is pleased to announce the appointment of David Robins as anon-executive director with effect from 1 September 2006. David Robins is a partner with city law firm Berwin Leighton Paisner LLP. Hespecializes in all aspects of corporate finance including acquisitions, mergersand funding issues. Before practicing as a solicitor, David was a corporatefinance executive with a leading merchant bank. Between June 1999 and May 2001,David was a non-executive director of Hornby Plc where he had significant inputin the strategic repositioning of that company. In October 2002 he was appointeda non-executive director of AIM listed telematics service provider, CybitHoldings Plc. Commenting on his appointment, David McManus, Cape's Chairman, said: "We are delighted that David is joining us. He brings a wealth of corporatefinance experience to the Cape board which will be of enormous value to theGroup as it implements its acquisitive growth strategy." Cape also announces the resignation of John Pool who retires as a non-executivedirector of Cape, a position he has held since 1997. David McManus said: "John has played a significant role in the progress seen at Cape over the lastnine years. I along with the rest of the Board would like to thank him for hiscontribution and wish him well in all that he does in the future." David Robins will take over the chairmanship of Cape's Audit Committee from JohnPool. As required under the AIM Rules, Cape PLC discloses the following additionalinformation in relation to David Robins. David Robins holds/has held the following directorships and partnerships in thepast five years: Current: Cybit Holdings plc Berwin Leighton Paisner LLP (formerly Berwin Leighton Paisner) Previous: None There are no other matters which are required to be announced in relation to David Robins pursuant to Rule 17 and Schedule 2(g) of the AIM Rules. ENDS For further information, please contact: Cape PLCDavid McManus, Chairman +44 (0)1924 876 276 Bell Pottinger Corporate & FinancialNick Lambert +44 (0)20 7861 3232 / +44 (0)7811 358 764 Notes to editors Cape PLC is the parent company of a number of service providing organisationsthe 'Group') operating primarily in the oil and gas, petrochemical and powergeneration industries. The Group has turnover of c. £260 million and employsaround 7,700 people in 23 countries worldwide. The Group's sole operating business is Cape Industrial Services ('CIS'). CISspecialises in the provision of scaffolding, insulation, fire protection andother essential services to major industrial clients in the energy sector. CIS operates in Bahrain and Saudi Arabia under the name RB Hilton. In the UK, CIS also operates as Cape Hire and Cape Security. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CIU.L