24th Aug 2006 08:00
McKay Securities PLC24 August 2006 PRESS RELEASE McKay Securities PLC appoints Viscount Lifford as a Non-Executive Director McKay Securities PLC is pleased to announce the appointment of Viscount Liffordto the Board as an independent non-executive director with effect from 1stSeptember 2006, and as a member of the Company's Audit, Remuneration andNomination Committees. Eric Lloyd, Chairman of McKay commented that "As a main board director ofRathbones Brothers Plc for the last 10 years and as a past Chairman of theproperty group Basepoint plc, James brings informed City experience to McKay,which will be of great assistance to the continued expansion of the Company, andI am delighted that he has agreed to join us." Background Information James Lifford (aged 57) has worked for Rathbones and predecessor companies for25 years, and was appointed to their Board in 1996 with responsibility for theregional investment management offices. Rathbones is a leading provider ofdiscretionary fund management and wealth management services with £11bn undermanagement and 750 staff. Other than the directorship of Rathbones Brothers Plc there are no furtherdisclosures to be made under Listing Rule 9.6.13. McKay Securities PLC is a property development and investment company whichdevelops and refurbishes office, warehouse and industrial property, which itretains for long term investment. The Group's portfolio, which is valued inexcess of £300 million, is located mainly in Central London and South EastEngland, predominantly in the office and industrial sectors. It is not a trader,and is focused on rental growth in established markets which has providedshareholders with above average dividend and capital growth over many years. For further information please contactMcKay Securities PLCSimon Perkins - Managing DirectorTel: 0118 950 2333 24th August 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MCKS.L