Directorate Change

RNS Number : 4658C

Medsea Estates Group PLC

01 September 2008

 



                                                              Medsea Estates Group plc

                                                            ('Medsea' or 'the Company')

                                            NON-EXECUTIVE DIRECTOR RESIGNATION

Due to increasing business commitments, Ken Burrage has resigned his position as non-executive director of Medsea Estates Group plc (AIM:MEA)  as from August 31st 2008. 

Says Burrage: 'In the current circumstances, and with growing demands on my time, I do not feel that I can continue to make a meaningful contribution to the Company. However I have great confidence in Medsea's future. I wish them well and will certainly be retaining my 400,000 shares.'

Chairman Tony Gatehouse says: ' We are sorry Ken feels he has to resign but fully understand that he has other business commitments. The Board of Medsea would like to thank him for the valuable contribution he has made.'

                            Ends  

For further information:

Medsea Estate Group plc

Tony Gatehouse, Chairman                                                          Tel: [phone]

Juan Carlos Rodriguez Martinez, Chief Executive

HB Corporate

Edward Hutton                                                                                  Tel: [phone]

Media Enquiries

Threadneedle Communications                                                 Tel: [phone]

 

END

 

 

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