RNS Number:7290D
LHP Investments PLC
30 May 2006
LHP INVESTMENTS PLC
("LHP" or the "Company")
Directorate Change
The Company announces today the appointment of Stephen Vaughan Oakes to the
Board.
Stephen (50) has over 30 years experience in financial markets and is a Fellow
of the Securities Institute. He began his career with stockbrokers Vickers da
Costa Ltd, becoming a Member of the Stock Exchange in 1984. In 1985 he joined
the then James Capel & Co (now HSBC Investment Bank plc) as a portfolio manager.
Increasing management responsibility culminated in the position of Chief
Executive Officer, HSBC Investment Management, firstly in respect of the
international business and subsequently as acting CEO of the combined UK and
international operations. He left HSBC in December 2002 and in October 2003 he
joined Alfred Henry Corporate Finance Limited. He is Chairman of Timestrip plc
and a director of Alltrue Investments plc, Beaufort International Group plc and
SBS Group plc, companies whose shares are traded on AIM.
Stephen will replace Patrick Claridge, who has decided to pursue his own
personal projects.
Commenting on the Board change, Leo Knifton said, Chairman said:
"I am delighted that Stephen has agreed to join the Board of LHP, and look
forward to working with him here, as we have had a successful track record
together of delivering shareholder value at our other AIM listed companies
Timestrip plc and Alltrue Investments plc. We wish Patrick every success in his
new venture."
Stephen Oakes holds or has held the following directorships within the last five
years:
Current Directorships: Previous Directorships:
Alltrue Investments Plc Aspartus Plc
Atollison Limited HSBC Private Bank (UK) Limited (formerly
Beaufort International Group PLC HSBC Republic Bank (UK) Limited)
Beaufort Nominees Limited Internet Music and Media Nominees Limited
Bulawayo PLC SBS Nominees Limited
Falcon Securities (UK) Limited
Falcon Securities Holdings Limited
Invent Easy PLC
Laurence PLC
LP Hill Investments Plc
SBS Group Plc
Timestrip Plc
No further information is required to be disclosed under Schedule 2 (g) of the
AIM rules.
Enquiries:
LHP Investments Plc
Leo Knifton Tel: +44 (0) 207 251 3762
This information is provided by RNS
The company news service from the London Stock Exchange
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