25th Jul 2005 10:53
St. James's Place Capital PLC25 July 2005 Re: Directorate St. James's Place Capital plc ("SJPC"): non-executive board changes SJPC is pleased to announce a number of non-executive board changes which, asindicated in the 2004 Annual Report, are intended to further strengthen thecomposition of the Board and secure compliance with the Combined Code provisionthat at least half the board (excluding the Chairman) comprises independentnon-executive directors. SJPC announces the appointment of Roger Walsom as an independent non-executivedirector with effect from 22 July 2005. Mr Walsom retired as a full-timePartner of Ashurst, a leading City law firm, in April 2005, having joined themfrom another firm as a solicitor in 1983. He became a senior associate atAshurst in 1986 and a Partner in 1988, specialising in the financial servicesindustry. He continues to work as a part-time consultant for Ashurst and is anon-executive director of The Pensions Regulator. There are no circumstances to be disclosed in accordance with Listing Rule9.6.13R for Mr Walsom. At the date of his appointment to SJPC, Mr Walsom had nointerests in ordinary 15p shares of SJPC. SJPC also announces that Phil Hodkinson and Grenville Turner, being two of thenon-executive Directors appointed by HBOS plc, have resigned with effect from 22July 2005. John Edwards has been appointed as a non-executive director of SJPCfrom that date. Mr Edwards was General Manager for Marketing and Sales withClerical Medical when it became part of the Halifax Group in 1997. He has sinceheld various positions within HBOS plc, the latest being his appointment in July2005 as Chief Executive of the Insurance and Investment Division. There are no circumstances to be disclosed in accordance with Listing Rule9.6.13R for Mr Edwards. At the date of his appointment to SJPC, Mr Edwards hadno interests in ordinary 15p shares of SJPC. Finally, SJPC announces that Charles Bailey will resign as a non-executivedirector with effect from 29 September 2005. Mike Wilson, Chairman, commented: "We are delighted to welcome Roger and John tothe Board and wish to thank Phil, Grenville and Charles for their excellentcontributions to the Board over the years". Enquiries: Mike Wilson, Chairman Tel: 020 7514 1907 Nitya Bolam, Brunswick Tel: 020 7404 5959 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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