| Wed 23 Jan 2008, 15:30 | | IPS - IPSA Group Plc - Appointment of Director |
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IPS
IPSA
IPS - IPSA Group Plc - Appointment of Director
IPSA GROUP PLC
(Incorporated and registered in England and Wales)
(Registration number 5496202)
AIM Share Code: IPSA & ISIN: GB00B0CJ3F01
JSE Share Code: IPS & ISIN: GB00B0CJ3F01
(`IPSA` or `the Company`)
Appointment of Director
IPSA is pleased to announce the appointment of Michael Neill Cox, Partner
at Price Firman, as the Finance Director of the Company with immediate
effect.
Michael started his career as a stockbroker for Brewin Dolphin at the
London Stock Exchange in 1972. He became a Member of the Institute of
Chartered Accountants in England and Wales in 1980 whilst working for Geo.
Little Sebire & Co. Since then he has had Financial Directorship roles at
Acco-Rexel Group Holdings Plc until 1994, a European office products
manufacturer with 230m turnover, and Lake & Elliot Group Ltd until 1996.
Since May 2000, Michael has been a Partner with Price Firman, Chartered
Accountants.
Michael does not currently have an interest in the share capital of the
Company.
For further information please contact:
Peter Earl, CEO, IPSA Group PLC 020 7793 5600
John Llewellyn-Lloyd/Jamie Boyd,
Noble & Company Limited 020 7763 2200
Allan Piper, First City Financial 07736 064 982
020 7436 7486
Sean Lunn, Hichens,
Harrison (South Africa) Ltd 2721 950 2711
Jacques de Bie,
College Hill (South Africa) 2711 447 3030
Additional information
In accordance with Schedule 2 (g) of the AIM Rules, the following
information in relation to the appointment of Michael Cox (age 56) as a
director of IPSA is disclosed:
Current directorships and partnerships:
Price Firman, Partner
Where to Go Limited, Director
Digitalbrain Limited, Director
Digitalbrain LM Services Limited, Director
Pullman Rail Private Hire Limited, Director
Golf Solutions Limited, Director
Directorships and partnerships held in the past five years:
What`s on in London Limited, Director
Shaw`s Car Buyer Limited, Director
Precision Partners Limited, Director
Clayton Precision Engineering Company Limited, Director
Clayton (Twickenham) Precision Engineering Company
Limited, Director
Waterman Railways Northwest Limited, Director
Bright Orange Limited, Director
Company Voluntary Arrangement:
Where to Go Limited is currently undergoing a company voluntary
arrangement, which has resulted in 0.50 in the 1 recently being paid out to
the company`s creditors. Michael Cox became a director of Where to Go
Limited at the request of a lawyer who was an executor of the estate which
owned (following the death of the 99.5% shareholder) the shares with the
intention to wind-up the company. Where to Go Limited has no subsidiaries.
Save for the information disclosed above there is no other information
falling to be disclosed under Schedule 2(g) of the AIM Rules.
23 January 2008
Sponsor
Standard Bank
AIM nominated advisor
Noble & Company Limited
Date: 23/01/2008 15:30:01 Produced by the JSE SENS Department.
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