Appointment of Patrick Shanley as Chairman

Released : 29/10/15 07:02

RNS Number : 7878D
Matchtech Group PLC
29 October 2015

29 October 2015

Matchtech Group plc


Directorate Change -


Appointment of Patrick Shanley as Chairman



As also announced in today's Preliminary Results for the year to 31 July 2015, Matchtech Group plc ("Matchtech", the "Group") is pleased to announce the appointment of Patrick Shanley as Non-Executive Chairman with effect from the end of the Annual General Meeting on 2 December 2015.


As foreseen at the time of his appointment as Interim Chairman on 28 January 2015, Ric Piper will resume his previous role of Senior Independent Director with effect from 3 December 2015.


Patrick, 61, is currently Chairman of AIM-listed Accsys Technologies plc. He has extensive board room experience, having previously been Chief Financial Officer of Courtaulds plc and Acordis bv, Chief Executive Officer of Corsadi bv, Chairman of Cordenka Investments bv. and Chairman of Finacor bv.


Patrick began his career working for British Coal where he qualified as a Chartered Management Accountant.


Ric Piper, Interim Chairman, said:


"I am very pleased that Patrick has agreed to join Matchtech as our Chairman.


Some six months after the acquisition of Networkers International plc, this is a very exciting time for Group. The Board looks forward to Patrick's skills and extensive commercial experience in helping accelerate Matchtech's development and performance."


Patrick Shanley said:


"I am delighted to be joining Matchtech and look forward to working with the Board to deliver further success to the Group."


Patrick holds or has held directorships/partnerships in the five years preceding his appointment at the Company as follows:


Current directorships

Accsys Technologies plc

Acetate Products Limited

Derwent Cogeneration Limited

Nomi Associates Limited


Previous directorships

Finacor BV

Cordenka BV


There are no other details to disclose under Schedule 2 paragraph (g) of the AIM Rules.


For further information please contact:


Matchtech Group plc

01489 884330

Brian Wilkinson, Chief Executive Officer


Tony Dyer, Chief Financial Officer




Numis Securities Limited

0207 260 1000

Michael Meade (NOMAD) / James Serjeant




Newgate - Financial PR

0207 653 9850

Andrew Jones / Ed Treadwell



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