Re Director

RNS Number : 0669K

Adalta Real PLC

12 April 2010

 

FOR IMMEDIATE RELEASE                                                                                         12 April 2010

Adalta Real Plc ("Adalta Real" or "the Company")

Gordon Francis Arbib

Adalta Real regrets to announce the death of Gordon Arbib on Friday 9^th April 2010 following a long illness.

Gordon was Senior Non Executive Director of the Company and Chairman of its Remuneration Committee since his appointment to the Board on 24^th January 2002 and was also a significant shareholder and share option holder from that date.

The Company will miss the valuable benefits of his wide global business experience as Chief Executive Officer of Kelsey Industries Plc and its major subsidiary Multicore Solders Limited as well as the substance and regularity of his expert advice.

Kevin Gilmore, Chairman commented:

"We are saddened by the loss of a stalwart and active member of the Board, who always gave generously of his time beyond just attendance at every Board Meeting. Gordon was indeed a true gentleman and who personified integrity".

Enquiries:

Adalta Real Plc Kevin M Gilmore, Executive Chairman	Tel:   [phone] Mob: [phone]
Beaumont Cornish Limited Roland Cornish	Tel:  [phone]

 

END

 

 

BOABLGDSLBBBGGD