25th Jun 2009 14:00
Titon Holdings Plc ('Titon', 'the Company' or 'the Group')
DIRECTORATE CHANGE
Titon, the East Anglia based manufacturer of Ventilation and Window Hardware products, today announces the resignation from its Board of Non Executive Director Mr. Keith Ritchie. Mr. Ritchie's resignation comes about due to a change in policy by his primary employer regarding employees holding directorships in quoted companies. The resignation will become effective as of 1 July 2009.
Mr. John Anderson, Chairman of Titon, commented:
I and my fellow Directors are extremely sorry that Keith has resigned from the Board. He has contributed greatly over the four years since his appointment and his financial and commercial acumen has been influential in the Group maintaining a strong balance sheet through the recent difficult times whilst helping the Company to focus on identifying and developing growth opportunities for the future.
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