Board Changes

Released : 16.02.2016 08:39

RNS Number : 1850P
Zamano PLC
16 February 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

FOR IMMEDIATE RELEASE

 

zamano plc ("zamano" or the "Company")

 

ISE: ZAZ                                LSE: ZMNO

 

Board Changes

 

The Board is delighted to announce the appointment of Fergal Scully as a non-executive director of zamano, effective immediately.  Mr. Scully will replace Peter Furlong on the Board who has elected to resign as a director and from the Board with immediate effect, in order to devote more time to his other business interests.

 

Mr. Furlong has been a director of the company since 29 February 2012.  John Rockett, non-executive chairman of zamano commented that "Peter has been one of the Company's most active and committed directors since joining the Board.  He has brought considerable energy to the development of the Company's longer term strategy as well as providing strong assistance to the wider Board and management team.  It is with some regret that we accept Peter's resignation and, on behalf of the whole Board, I would like to thank Peter for his contributions and dedication".

 

Mr. Scully is currently Managing Director of Heritage Capital Limited, a privately owned investment business and CFO of Investi, an Irish property investment company.  He has extensive experience in portfolio management and corporate finance having worked with Barclays Capital, Deephaven Capital Management, Merrill Lynch, Goodbody and Pageant Holdings over the past 18 years. Mr. Scully holds a BComm and MBS in Financial Services from UCD Dublin and is also a Chartered Tax Adviser in Ireland.

 

Commenting on the appointment, Ross Conlon, CEO of zamano, said: "We welcome Fergal to the Board of zamano. His extensive experience further strengthens the Company and will be invaluable as we move towards realising the potential of the Company."

 

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Mr. Scully, aged 41 years, has been a director of the following companies during the five years preceding the date of this announcement:

 

Current directorships:         

 

Heritage Capital Ltd

Strategic Asset Holdings Ltd

Waterloo Asset Management Ltd

 

Mr. Scully holds no ordinary shares in the Company.

 

 

For further information please contact:

zamano plc

Ross Conlon, Chief Executive Officer

Tel: + 353 1 554 7313

Michael Connolly, Chief Financial Officer

Tel: +353 1 554 7261

 

Investec Corporate Finance

Shane Lawlor/Conor Murtagh

Tel: + 353 1 4210000

 

Cenkos Securities (Nominated Adviser & Broker)

Derrick Lee/Neil McDonald

Tel: + 44 (0) 131 220 6939

 

Media Enquires:

 

MCOMM Communications Consultants

Richard Moore

Tel:   +353 1 661 9428

Mob: +353 87 241 4751

Email: ir@zamano.com

 

 


This information is provided by RNS
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