Rockwood Realisation plc
("Rockwood Realisation" or the "Company")
Board Change
Rockwood Realisation plc (AIM: RKW), is pleased to announce the appointment of Noel Lamb as Independent Non-Executive Chairman of the Company with immediate effect. Simon Pyper, who has been interim Chairman, will remain as a Non-Executive Director.
Noel Lamb has over 30 years' experience in the asset management industry. His career started at Lazard Brothers in private clients and then UK stock selection before going on to be Managing Director of Lazard Japan Asset Management, based in Tokyo, from 1990 to 1997. Mr. Lamb then established the investment management capability for Russell in London, where assets under management rose to $15bn in five years. He was subsequently Chief Investment Officer for Russell Investments in North America from 2002-2009, with responsibility for performance in North American equity, global equity, global bonds, real estate and hedge funds, with AUM growing to $150bn over this period. He is currently chairman of Atlantis Japan Growth Trust and a Director of Guinness Asset Management Funds PLC, an Irish umbrella open-ended investment company. Mr. Lamb graduated from Exeter College, Oxford and is a qualified Barrister-at-law.
Simon Pyper, previous interim chairman commented:
"We are delighted to welcome Noel Lamb as Independent Chairman to the Company. His appointment follows significant changes over the last few months and brings stability to support the realisation strategy recently voted for by shareholders."
For further information, please contact:
Rockwood Realisation plc Non-Executive Director
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Simon Pyper |
Simon.pyper@me.com |
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finnCap Nominated Adviser Joint Broker
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Carl Holmes William Marle Mark Whitfeld
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020 7220 0500
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Panmure Gordon (UK) Limited Joint Broker |
Tom Scrivens Michael Bateman |
020 7886 2500 |
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KL Communications
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Charles Gorman Will Sanderson
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020 3995 6673
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INFORMATION REQUIRED UNDER SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES FOR COMPANIES ("AIM RULES")
Full name: |
Noel Lamb |
Age |
66 |
Rockwood Realisation plc shares held: |
0 |
Current directorships: |
Atlantis Japan Growth Fund Ltd Guinness Asset Management Funds PLC 55 Queen's Gate Ltd |
Historic directorships from previous 5 years: |
28 Harrington Gardens Ltd Irish Grouse Conservation Trust Paladin Technologies Ltd (Dissolved)* |
* Mr. Lamb was a director of Paladin Technologies Ltd, at the time of each company's voluntary liquidation. Voluntary liquidation came as a result of not being able commercialise the technology. In doing so there was no loss to creditors.
There is no further information to be disclosed in relation to the appointments of Noel Lamb pursuant to Schedule 2, paragraph (g) of the AIM Rules.