13th Nov 2007 07:00
Motivcom PLC13 November 2007 13 November 2007 Motivcom plc ("Motivcom" or the "Company") Appointment of Non-Executive Director Motivcom plc (AIM:MCM) is pleased to announce the appointment of Mr. ChristopherJohn Stibbs as a Non-Executive Director with effect from today. Mr Stibbs iscurrently Group Finance Director of The Economist Group. His previous rolesinclude Corporate Development Director of Incisive Media plc, as well as variouspositions at both Pearson and ICI. Mr Stibbs qualified as an ACA with Ernst &Young and is also a fellow of the Association of Corporate Treasurers. Commenting on this announcement, Motivcom Chairman, Colin Lloyd, said: "We are delighted that Chris has joined Motivcom as he brings a wealth ofexperience to the Board. We are confident that he will be a major asset to theCompany. His appointment will strengthen the Board in preparation for our nextphase of growth and we look forward to working with him. His experience will beinvaluable in continuing to provide a high degree of corporate governance. Hewill also help in providing objectivity and experience in planning the Group'sfuture strategy to maximise the opportunities that the Group now enjoys from isstatus within its specialised business to employee sector". Mr. Stibbs is, or has been in the previous five years, a Director of thefollowing companies: Current directorships Previous directorships Dartford Printing Limited Buckley Press LimitedEurofinance Conferences Limited Buckley Publishing LimitedIncisive RWG Inc. Buckpill LimitedInitiative Europe Limited City Financial Publishing LimitedInitiative Europe Holdings Limited Conjecture LimitedInitiative Europe Consulting Limited DWT Conferences LimitedRyder Street Properties Limited Incisive Financial Publishing LimitedRyder Street Properties (Management) Limited Incisive Media Investments LimitedTEG India Private Limited Incisive Media plcTEG New Jersey LLC Incisive Newco B LimitedThe Economist Books Limited Incisive Photographic LimitedThe Economist Group (Investments) Limited Incisive RWG LimitedThe Economist Group Limited Incisive Services LimitedThe Economist Group Trustee Company Limited Incisive TBP Group LimitedThe Economist Intelligence Unit Limited Matching Hat LimitedThe Economist Newspaper Group Incorporated Timothy Benn Publishing LimitedThe Economist Newspaper Limited Top Furbco LimitedThe Economist Overseas (Holdings) LimitedThe Economist Publications Limited The Company confirms there is no other information that falls to be disclosedunder Schedule 2 paragraph (g) of the AIM Rules. For further information: Motivcom plcSue Hocken Tel: +44 (0) 1908 608 [email protected] www.motivcom.com Grant ThorntonPhilip Secrett/Fiona Owen Tel: +44 (0)207 383 [email protected]/[email protected] www.gtuk.com Media enquiries: AbchurchHeather Salmond/ Georgina Bonham Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com Notes to Editors: Motivcom plc is a leading marketing services company in the business to employeesector providing incentive and motivation services to blue chip UK andinternational clients. Motivcom drives performance of direct and third partyemployees using motivation and incentive techniques for human capitalmanagement. The Company also has a fast growing consumer incentives business.Motivcom's core business divisions include: motivation and incentive programmes,incentive travel and events, employee benefits and sales promotion. Motivcom'sactivities in each sub-sector help to improve staff productivity, retention,absenteeism and increase product sales respectively. The management team has been in place since 2002. It follows a strong organicand acquisitive growth strategy. Motivcom's organic growth is driven byinvestments in innovative products such as the recently launched Spree-visacard. Since 2002, the Company has acquired Fotorama, Archer Young Ltd,Summersault Ltd, The Voucher Shop and Motivation Travel Management Limited allof which have been successfully integrated into the Company. Motivcom isconstantly exploring new acquisition targets in existing and complementary areasto further strengthen the Company's position in the business to employee space.On 12 November 2007, Motivcom acquired Zibrant Limited and its subsidiaries,which provides venue finding, event management and motivation services for itsblue chip corporate client base. Venue finding services are a new andsignificant addition to the Motivcom portfolio of business services and areexpected to provide excellent cross selling opportunities for existing Motivcomdivisions. Motivcom plc is based in Milton Keynes. It listed on the AIM market of theLondon Stock Exchange in August 2004 under the name P&MM Group plc. P&MM Groupplc was re-branded Motivcom plc (AIM: MCM) in March 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MCM.L