Directorate Change

RNS Number : 5038Y

Impax Group PLC

03 September 2009

 

For immediate release

3 September 2009

 

Impax Group PLC

('Impax' or the 'Company')

 

Board appointment

 

 

Impax Group PLC ('Impax'), the AIM listed specialist investment manager focused on the environmental sector is pleased to announce the appointment of Mr. Vince O'Brien, as a Non-Executive Director of the Company from 3rd September 2009.

 

Vincent Gerald O'Brien (51), is currently a director of Montagu Private Equity and has worked in the private equity industry for over twenty years. Originally qualifying as a Chartered Accountant with Coopers and Lybrand he joined Montagu Private Equity in 1993. Formerly Mr. O'Brien was Chairman of the BVCA and served on its Council for seven years.

 

Keith Falconer, Impax Group PLC chairman, commented:

 

 'We are delighted that Vince has joined the Impax Board. Our private equity business is making excellent progress, and, with his considerable experience in this area, I am confident that Vince will bring a valuable strategic perspective to the Company'.

Mr. O'Brien commented that:

 

'Impax is a well-managed, dynamic young business operating in an exciting growth sector. I hope to make a positive contribution to its development in the coming years.'

 

 

For further information:

 

Impax Group plc
Keith Falconer, Chairman	07747 066637
Ian Simm, Chief Executive	020 7432 2619
Noble & Company Limited	020 7763 2200
John Riddell, Director
Penrose Financial
Gay Collins	020 7786 4882    [e-mail]
Shona Prendergast	020 7786 4884    [e-mail]
	[e-mail]

 

The following information is disclosed pursuant to Rule 17 of the AIM Rules for Companies.

 

Current Directorships or Partnerships:

HSBC Private Equity (Asia) Limited

HSBC Private Equity Middle East Management Limited

Keeping Kids Company

MML II Limited

Montagu Equity Limited

Montagu Private Equity LLP

MPE Associateco Limited

MPE G.P. Limited

MPE G.P. (Scotland) Limited

MPE K.G.P. Limited

Directorships or Partnerships held in the last 5 years:

The British Private Equity and Venture Capital Association

Futurebuilders England Limited

MLLP Holdings Limited

Montagu Funding Limited

Montagu Holdings Limited

Montagu Management Limited

Montagu Oldco Limited

 

 

Directorships of companies that have gone into liquidation

 

HSBC Smaller Investments (UK) Limited

Mr O'Brien resigned as a director on 20 September 2000. The company was solvently wound up via a members voluntary liquidation on 25 October 2000.

 

 

Save as disclosed above, there are no further details required to be disclosed pursuant to schedule 2(g) of the AIM Rules.

 

 

-Ends-

 

 

 

About Impax

Impax Group PLC, which is quoted on the Alternative Investment Market of the London Stock Exchange, was founded in 1994 as a specialist finance house focusing on the markets for cleaner or more efficient delivery of basic services of energy, water and waste. The firm has a track record of delivering excellent returns across long only, private equity and hedge fund strategies. 

 

Impax's dedicated team of professionals, with many years of experience in the financial and environmental sectors, is ideally placed to understand and take advantage of the investment opportunities arising from the fast growing environmental markets sector.  

 

Impax manages assets for institutional and private investors across a range of listed and private equity funds.

 

For further information please visit: www.impax.co.uk 

 

 

About Penrose Financial:

Penrose Financial is an award-winning specialist PR consultancy for the financial services and capital markets industries. Founded in 1998, Penrose is 100% owned by the partners and staff. Our core areas include retail financial services, institutional investment management, alternative investments, private equity, investor services and consultants, banking, capital markets and research. We are the only UK PR consultancy to combine these sectors in specialist teams. Penrose's clients include many leading UK and international financial institutions. 

 

For further details go to: www.penrose.co.uk

 

END

 

 

BOASSFFLDSUSEDU