17th Nov 2006 08:50
Commoditrade Inc.17 November 2006 17 November 2006 Commoditrade Inc ("Commoditrade" or "the Company") New Appointment and Board Changes Commoditrade (AIM: CMM), the international commodities investment business withoffices in Geneva and Dubai, is pleased to announce the appointment of AndrewDobie as Non-Executive Director. In addition, Graham Butt, Executive Chairman,becomes Chief Executive and Chris Adams, Non-Executive Director, is appointedNon-Executive Chairman. Andrew Paul Dobie (age 42) has been appointed to the Board of Commoditrade asNon-Executive Director. He has worked in the commodities industry for 18 yearsand joined the LME in 1998 firstly as Assistant Manager in the LME's MarketOperations taking over as Manager of LME's trade floor in 2001 where he manageda team of 11 in the LME's Market Operations and a further 150 brokersrepresenting 11 Category 1 members on the trade floor. Andrew had previouslyoperated as a trader on the LME since 1995. There are no other matters to bedisclosed under paragraph (g) of Schedule 2 of the AIM Rules. Graham Butt, Chief Executive of Commoditrade Inc, commenting on the changes,said: "Commoditrade was established as an investment business with the primaryobjective of building a group specialising in the commodities sector. We havealready made significant progress to date and these changes reflect thecontinued growth in the business." -ends- Enquiries: John Bick tel: 07917 649362 LSE AIM ticker: CMM www.commoditrade.net This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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