Appointment of Administrators and Board Changes
Hat Pin plc Appointment of Administrators and Board Changes Mr Bob Morton was appointed non-executive chairman on 4 March 2008
following the resignation of Terry Hitchcock, and he resigned on 2
May 2008. Mr Peter Walker, a non-executive director of the company,
also resigned from the board on 2 May 2008.
The board announces that on 13 May 2008 Geoffrey Rowley and Nicholas
O'Reilly from accountants Vantis were appointed as joint
administrators to the company.
The subsidiaries of Hat Pin plc have not been placed into
administration and continue to trade in the normal course of their
business.
The joint administrators will be undertaking a review of the
company's assets with a view to realising value in due course for the
company's creditors.
Enquiries: Geoffrey Rowley or Nicholas O'Reilly
Vantis Group Limited
PO Box 2653
66 Wigmore Street
London W1A 3RT Arden Partners plc
Steve Douglas
+44 (0)121 423 8900 - ---END OF MESSAGE---
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