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Equable Properties (EQU)

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Friday 29 August, 2008

Equable Properties

Directorate Change

RNS Number : 2938C
Equable Properties PLC
29 August 2008
 

Equable Properties plc ('Equable' or the 'Company')


Appointment of Director


The Board of Equable announces the appointment of Peter McCann as aexecutive Director of the Company, to take effect immediately.


Peter, a property developer based in Dublin, Ireland, has accepted the appointment to assist with appointing new professional advisors for the Company and with the proposed acquisitions and fundraising announced on 2 July 2008.  The terms of his service are still to be agreed.



For further information:


Desmond Bloom, Chief Executive Officer


Equable Properties plc

07793 125 625

Clive Carver

FinnCap 

020 7600 1658



Appendix


If the proposed acquisition is approved, Peter McCann, through his company Kelford Estates, will be interested in 77 per cent. of the enlarged Equable.  


In accordance with Schedule 2(g) of the AIM Rules, the following information in relation to the appointment of Peter McCann to the Board of Equable is disclosed:


Full name:        Peter McCann

Age:                 54


Peter McCann holds and has held within the five preceding years the following directorships and partnerships:


Current directorships:


Redwood Investments Ltd

Lance City Ltd

Irvine Estates Ltd

Lance Scotland Ltd

Port Dundas Properties and Developments Ltd


Save as set out above, there is no further information to be disclosed in respect of Schedule 2(g) of the AIM Rules.



This information is provided by RNS
The company news service from the London Stock Exchange
 
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