Board Appointment (7966R)
November 09 2011 - 7:28AM
UK Regulatory
TIDMNGP
RNS Number : 7966R
Niche Group (The) PLC
09 November 2011
The Niche Group plc
("Niche" or "the Company")
Board Appointment
The Directors of Niche (AIM: NGP), the investment company with
interests in oil and gas exploration and development activities in
onshore Turkey, are pleased to announce the appointment of Mr
Stuart James Thomas as a non-Executive Director of the Company,
with immediate effect.
Stuart (aged 51) is the founder and Chief Executive Officer of
Spring Capital Limited, an investment company specialising in the
energy sector, where he has been instrumental in building the
business into a profitable enterprise.
He has also held the position of Chief Executive Officer of
Spring Seafoods Ltd, a diversified seafood production company.
Prior to this appointment, Stuart was an oil and gas research
analyst and holds a BSc. in Petroleum Geology from Imperial
College, London. He is also an Associate of the Royal School of
Mines.
Commenting on the appointment of Stuart, Nigel Little, Chairman
of Niche, said:
"We are delighted to welcome Stuart to the Board of the Company.
Stuart brings a vast amount of sector experience, combined with
extensive industry knowledge. We look forward to his contribution
towards the continued growth and performance of the Company".
The following information, pursuant to AIM Rule 17, Schedule
Two, paragraph (g) is disclosed in respect of Mr Stuart J
Thomas:
Current Appointments:
Spring Capital Finance Limited
Teshka Aviation LLP
Spring Capital Limited
Previous Appointments:
Spring Villas LLP
Artemis Records Limited (Dissolved)
Thomas Lindh Limited (Dissolved)
Stuart is beneficially interested in a total of 29,851,903
ordinary shares of 1p each ("Ordinary Shares"), representing
approximately 4.32 per cent. of the Company's issued share capital.
Of this total, 7,232,857 Ordinary Shares are held personally and
22,619,046 Ordinary Shares are held by Spring Capital Ltd, a
company of which Stuart is a director and a majority
shareholder.
Save as disclosed above, there are no further disclosures in
respect of this appointment.
Contact:
The Niche Group Plc
Nigel Little, Chairman
Tel: + 44 (0) 20 7399 4371
www.nichegroupplc.co.uk
Daniel Stewart & Company Plc - Nominated Adviser & Joint
Broker
Oliver Rigby/David Hart
Tel: + 44 (0) 20 7776 6550
Canaccord Genuity - Joint Broker
Charles Berkeley/Henry Fitzgerald O'Connor
Tel: + 44 (0) 20 7050 6500
M: Communications - PR
Patrick d'Ancona/Ben Simons
Tel: + 44 (0) 20 7920 2340
This information is provided by RNS
The company news service from the London Stock Exchange
END
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