Change of Name
October 23 2007 - 2:03AM
UK Regulatory
RNS Number:1722G
Public Recruitment Group plc
23 October 2007
23 October 2007
Synarbor PLC
Change of Name, AIM Rule 26 Compliance and Director Resignation
Change of Name and AIM Rule 26 Compliance
Synarbor PLC (the "Company") is pleased to announce that, subsequent to approval
by shareholders on 18 October 2007, its name has changed from Public Recruitment
Group PLC with immediate effect, and in compliance with AIM Rule 26, details of
the Company are now available on the website address www.synarbor.com.
Resignation of Director
The Company today also announces that as part of the groups' restructure and new
direction, it has been resolved by mutual agreement that Matt Ellis will step
down from the board and leave the group with immediate effect.
Background
Synarbor is a leading provider of qualified teachers and social workers to the
UK public sector. The name change is aimed at exploiting internal synergies
within the Company following the amalgamation of the education and social work
divisions in 2006. It also mirrors the Government's restructuring of the
Department for Education and Skills (DfES) to the Department for Children,
Schools and Families (DfCSF).
Commenting on the changes, Dean Kelly, CEO of Synarbor said:
"It is clear that there is a growing need for a coherent support services
offering to the educational and social care sectors that goes beyond recruitment
and human resourcing to include procurement and learning services. And we have
repositioned and restructured the Company to make sure it has the optimum
structure to be able to reflect these changing needs."
For further information please contact:
Synarbor PLC
Dean Kelly - Chief Executive Officer
Daniel Urmson - Group Finance Director
0114 283 4925
Moorgate Group
Robert Kelsey
020 7953 7772
Landsbanki Securities (UK) Limited
James Wellesley Wesley
Claes Spang
020 7426 9000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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