12th Jul 2007 07:01
Aricom PLC12 July 2007 Press Release 12 July 2007 Aricom plc ("Aricom" or "the Company") Directorate Change Aricom plc (AIM: TIO), the Anglo-Russian developer of mineral resources,announces the appointment of Brian Egan as a Director of the Company. Brian isscheduled to join the Company on 31 July 2007 as Chief Financial Officer. Aricom's current Chief Financial Officer, Peter Howes, has decided to step downas Chief Financial Officer due to a desire to pursue other interests. Peter hasbeen with the Company since its original admission to trading on AIM and hasseen it through a series of very successful fundraisings and acquisitions aswell as setting up the finance function across the Group. The Directors wish tothank Peter for all his considerable input and wish him well in his futurecareer. Peter will step down as a Director on 31 July 2007 but will remain withthe Company to assist in a smooth handover to Brian until the end of September. Brian Egan, aged 44, was the Group Chief Financial Officer of Gloria-JeansCorporation, the leading Russian apparel manufacturer, until March 2007 and hasover 15 years' experience in senior financial roles. He was previously VicePresident of Finance at Associated British Foods Plc, Financial Director ofGeorgia-Pacific Ireland Limited and Chief Financial Officer of Coca-ColaHBC-Russia. He is a member of the Institute of Chartered Accountants inIreland. Jay Hambro, Chief Executive, said: - "I am very pleased that Brian has agreed to join Aricom as a Director and ChiefFinancial Officer. Brian brings to Aricom a wealth of experience from thefinance sector and a good working knowledge of Russian operations as Aricommoves from developer to producer and from AIM to the Main Market. Aricom has benefited greatly from Peter's valuable input and knowledge of Russiafor four years and we all wish him the very best for his future endeavours." - Ends - For further information:Aricom plcJay Hambro, Chief Executive Tel: +44 (0) 20 7201 8939Heather Williams, Company Secretary www.aricom.plc.ukCanaccord AdamsRobert Finlay / Chris Bowman Tel: +44 (0) 20 7050 6500 www.canaccordadams.comAbchurchCharlie Jack/ George Parker Tel: +44 (0) 20 7398 7700 www.abchurch-group.com Appendix The following information is provided in accordance with Schedule 2 (g) of theAIM Rules: Brian Egan Current directorships None Past directorships AB Mauri Food, S.AAB Mauri Netherlands European Holdings B.V.AB Mauri Spanish Holdings, S.L.ArdgillanFort James Ireland LimitedGeorgia-Pacific Ireland LimitedGreenogeGulistanHandi-Pak Distributors LimitedJamont Ireland LimitedJeyes LimitedJeyes-Nokia LimitedKilleekKingswinford LimitedKinter International LimitedKnaresboro LimitedKnowsley LimitedMauri Fermentos, SAMauri Maya Sanayi A.S.Mauri Products LimitedNokia Industrial LimitedNokia Transport LimitedProofex Products CompanyRaytex (Exports) LimitedRaytex LimitedTissex & Co. LimitedTissex (Export) LimitedYeast Products Company There are no other matters to be disclosed in relation to Schedule 2 paragraph(g) of the AIM Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Orogen Gold