CHA Concha

RNS Number:5113G
Hot Tuna (International) plc
20 July 2006


Press Release                                                       20 July 2006

                          Hot Tuna (International) PLC

                         ("Hot Tuna" or "the Company")

                               Directorate Change


Hot Tuna (International) PLC (AIM:HTT), a lifestyle apparel brand with authentic
surf heritage, announces that Marcus Gracey has offered his resignation, for
personal reasons, from the Board of Hot Tuna. In line with Marcus Gracey's
contract, he will remain working for the Company until 30 July 2006.

Ranjit Murugason, Chairman of Hot Tuna, said: "Marcus has given excellent
service to Hot Tuna since he joined us and the Board would like to thank him for
his valuable contribution. Hot Tuna remains on track to take a significant
market share in the surf lifestyle market and I am confident that our current
management team is capable of fulfilling the Company's ambitions."


                                    - Ends -


For further information:
Hot Tuna (International) PLC
Ranjit Murugason, Chairman                           Tel: +44 (0) 20 7372 9378
ranjit_murugason@hottunaplc.com

Seymour Pierce Limited
Sarah Wharry / Parimal Kumar                         Tel: +44 (0) 20 7107 8000
parimalkumar@seymourpierce.com                       www.seymourpierce.com


Media enquiries:
Abchurch
Chris Lane / Laura Riascos de Castro                 Tel: +44 (0) 207398 7700
chris.lane@abchurch-group.com                        www.abchurch-group.com
                                                        

                                Notes to Editors

Hot Tuna International PLC (AIM: HTT) owns the rights to the Hot Tuna brand, a
progenitor of global youth fashion, born in Australia with a heritage of
authentic surf culture.

Hot Tuna is one of the world's most iconic names in surf lifestyle and can trace
its roots back to 1969 when it was founded by a surfer and his fashion designer
wife. The label has not been actively marketed over for the last decade, but has
maintained an organic cult status among the core surf and sports enthusiasts.

In June 2005, Hot Tuna International PLC purchased the 'Hot Tuna' brand from a
consortium of investors, listed it on AIM in September 2005, and has since
started to aggressively market the brand and reinvigorate the business. The
Company now owns all intellectual property rights to its name and related
iconography, and has in place key management drawn from the executive ranks of
Quiksilver, O'Neill and Ocean Pacific, among others.

While headquartered in the UK, Hot Tuna operates its design, manufacturing,
marketing and distribution hub in the USA. Hot Tuna sells product, which it
directly manufactures in facilities in the USA, the European Union and in China.

Hot Tuna maintains offices in Sydney, Los Angeles and London.




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

END
BOAPUUWWMUPQGCU

Concha (LSE:CHA)
Historical Stock Chart
From Jun 2024 to Jul 2024

Concha (LSE:CHA)
Historical Stock Chart
From Jul 2023 to Jul 2024