Appointment of Finance Director

RNS Number : 8324O

Infrastrata PLC

25 September 2013

 



25 September 2013                                                               For Immediate Release

InfraStrata plc

("InfraStrata" or the "Company")

Appointment of Finance Director

The Board of InfraStrata plc (AIM:INFA), the independent petroleum exploration and gas storage company, is pleased to announce the appointment of Stewart McGarrity as Finance Director with immediate effect.

Stewart McGarrity, BCom. CA, 52 has 27 years of UK and international experience in both senior finance and commercial roles. Following qualification as a Chartered Accountant, Stewart spent a number of years with Deloitte in Zimbabwe and Hong Kong in senior audit and technical roles. Stewart then held a senior financial position with the Airport Authority in Hong Kong during the construction and commercial development of Hong Kong International Airport.

Since returning to the UK he has worked with property investor and developer MEPC plc, based in London as Group Financial Controller and with tie Limited, in Edinburgh, developing and maintaining the business case for Edinburgh Trams and other transport projects. Stewart joined InfraStrata in July 2013 as Financial Controller.

Ken Ratcliff, the Chairman of InfraStrata plc said:

"We are pleased to have recruited someone with Stewart's presence and experience and we welcome Stewart to our Board. Craig Gouws has been a Company stalwart and both he and Stewart have managed the handover period particularly well, with Craig stepping down with immediate effect. As a consequence, Stewart joins our Board well grounded in the details of the Group and we look forward to him assuming responsibility as Finance Director during what is expected to be an exciting time in the Group's development."

There is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

For further information please contact:

InfraStrata plc

Ken Ratcliff, Chairman                                                                                  020 8332 1200

Andrew Hindle, Chief Executive Officer                                                           

Financial PR - Buchanan

Richard Darby/Gabriella Clinkard/Tom Hufton                                                  020 7466 5000

Nominated Advisor and Broker - Arden Partners plc

Richard Day/ Katelin Kennish                                                                        020 7614 5917

Notes to Editors:

Background on InfraStrata plc

InfraStrata is an independent petroleum exploration and gas storage company. The Company is focused on two areas in the UK, in Dorset, England and Antrim, Northern Ireland.

Further information is available on the Company's website www.infrastrata.co.uk.

 

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