REG-Matchtech Group PLC Re: Board Change

Released : 09/02/09 07:00

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20090209:RnsI9725M
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RNS Number : 9725M  
  
Matchtech Group PLC  
  
09 February 2009  
  
9 February 2009  
  
Matchtech Group plc  
  
Board Change  
  
Matchtech Group plc ("Matchtech" or the "Group"), one of the UK's leaders in 
specialist technical recruitment, announces that Paul Raine, Resources Director, 
has resigned from the Board and has left the company by mutual agreement with 
effect from 6 February 2009. His responsibilities for IT, operations, marketing 
and legal will be assumed by Adrian Gunn, Group Managing Director and Tony Dyer, 
Group Finance Director.  
  
George Materna, Chairman of Matchtech, commented:  
  
"On behalf of the Board, I would like to thank Paul for his contribution to the 
development of Matchtech over the past 19 years.  Matchtech is a much bigger and 
stronger business than the one he joined and he leaves with our thanks and our 
best wishes for the future. These are challenging economic times and it is 
incumbent on the Board to take the difficult decisions necessary to ensure that 
we keep our business as flexible and cost efficient as possible. We will 
continue to do so as required."  
  
For further information please contact:  
  
 
  Hogarth Partnership             020 7357 9477  
  John Olsen / James Longfield                   
                                                 
  Arbuthnot Securities            020 7012 2000  
  James Steel / Katie Shelton                    
  
  
Background on Matchtech (AIM: MTEC.L)  
  
Established in 1984, Matchtech specialises in the provision of contract and 
permanent staff and has grown organically to become one of the UK's leading 
technical and engineering recruitment specialists.  
  
Operating from a single site near Southampton, Matchtech provides predominantly 
professionally-qualified candidates to a broad range of clients across the UK in 
the Engineering, Built Environment and Support Services sectors.  
www.matchtech.com  
  
Cautionary Statement  
  
This announcement is prepared for and addressed only to the Group's shareholders 
as a whole and to no other person. The Group, its directors, employees, agents 
or advisers do not accept or assume responsibility to any other person to whom 
this announcement is shown or into whose hands it may come and any such 
responsibility or liability is expressly disclaimed. Statements contained in 
this announcement are based on the knowledge and information available to the 
Group's Directors at the date it was prepared and therefore the facts stated and 
views expressed may change after that date. By their nature, any statements 
concerning the risks and uncertainties facing the Group involve uncertainty 
since future events and circumstances can cause results and developments to 
differ materially from those anticipated. To the extent that this announcemetn 
contains any statement dealing with any time after the date of its preparation 
such statement is merely predictive and speculative as it relates to events and 
circumstances which are yet to occur. The Group undertakes no obligation to 
update these forward-looking statements.  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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