Board Changes

RNS Number : 3100Q

Sagentia Group PLC

02 August 2010

 



Embargoed Release: 07:00hrs 2 August 2010

SAGENTIA GROUP PLC 

('Sagentia' or the 'Company')

Board Changes

As announced at the time of the Company's interim results on 21 July 2010, after a number of years at Sagentia including the last two years as Finance Director, and having seen the Company through the successful turnaround of its operations, Guy McCarthy has decided that it is time to pursue other opportunities. The Board would like to thank Guy for his contribution to Sagentia over the years and wish him well for the future. Guy resigned from the Board effective 30 July 2010 and will remain with the Company to effect a smooth transition to his successor and to progress the corporate level reorganisation.

The Board are pleased to announce the appointment of Neil Elton as Finance Director with effect from 2 August 2010. Neil has a degree in Geography from Oxford University and qualified as a Chartered Accountant at Arthur Andersen. Until June 2010, Neil was Finance Director of Concateno plc, an AIM listed company until it was acquired in August 2009. Concateno provides medical testing services and grew rapidly, both organically and through several acquisitions.

Enquiries:

Sagentia Group plc:

Martyn Ratcliffe, Chairman

Brent Hudson, Chief Executive

(44) 1223 875 200

www.sagentiagroup.com

Arbuthnot Securities:

Nick Tulloch

Paul Gillam

(44) 207 012 2000

www.arbuthnot.co.uk

AIM Rules Schedule 2 Disclosure - for the purposes of paragraph (g) of Schedule 2 of the AIM rules, the following information is disclosed:

Full name: Neil Anthony Elton

Age: 39

Mr Elton holds or has held the following directorships within the last 5 years:

Current Directorships

Past Directorships over last 5 years

None

Concateno Cardiff Limited Concateno Italia Srl Concateno North Limited Concateno plc Concateno Scandinavia AB Concateno South Limited Concateno UK Limited Cozart Limited CPL International Services Limited Euromed Limited Marconova AB Mecom Advisory Services Limited Mecom Group plc Mecom Holdings Ltd Mecom Media Scandinavia Holdings 1 Limited Mecom Media Scandinavia Holdings 2 Limited Mecom UK Management Company Limited Medscreen Holdings Limited Nemesis Scientific Limited Spinreact SA

As at the date of his appointment, Mr Elton was interested in no ordinary shares of 1p each in the Sagentia share capital.

No further disclosures are required to be made in relation to Neil Elton under Schedule 2 (g) (iii) - (viii) of the AIM rules.

 

END

 

 

BOAURANRRNABOAR