RNS Number:2446Y
Aquilo PLC
13 June 2007
Aquilo plc
Appointment of Director
The Directors of Aquilo plc ("Aquilo" or the "Company") wish to announce the
appointment of Arthur Rackstraw as Executive Director to the Company, with
effect from 12 June 2007.
Arthur Rackstraw, aged 58, has been working at Aquilo since November 2005 as
Managing Director of Aquilo Inspection & Reinstatement Services Limited ("AIRS")
before his appointment as Executive Director. He began his career as a surveyor
and loss adjuster with a number of major adjusting companies. Positions have
included Partner, Group Operations Director and Managing Director for Toplis
Harding Group (formerly Trundle Heap & Baker), Associate Partner for Ashworth
Mairs Group and Special Projects Director for GAB Robins UK Ltd. In 2000,
Arthur led the start up and development of GAB Robins' building repair network,
Sergon BRM Limited, which was sold in December 2004 for #11.4 Million.
Commenting on the appointment, Chris Langridge, Chairman of Aquilo, said: "I am
delighted that the Aquilo Board will be able to benefit from Arthur's great
experience of insurance claims handling. His experience will be of benefit to
the entire Aquilo group and as a result, he has been promoted to Chief Operating
Officer."
"The management skills that Arthur has applied to the AIRS operation have made
it a great success story; it has broken even although trading only commenced
last year. Arthur has already applied his skills to other operations in the
Company. I look forward to working closely with Arthur and the Board to drive
Aquilo forward."
For further information please contact:
Chris Langridge, Chairman, Aquilo plc Tel: 020 3008 5511
Crispin Burdett, Company Secretary, Aquilo plc Tel: 020 3008 5515
Alasdair Robinson, Noble & Company Limited Tel: 0131 225 9677
Appendix:
In accordance with Schedule 2(g) of the AIM Rules, Arthur Gerard Rackstraw's
directorships and partnerships in the past five years are set out below:
Current directorships and partnerships:
Aquilo Inspection & Reinstatement Services Limited
Past directorships and partnerships during the preceding five years:
Sergon BRM Limited
There are no further disclosures with respect to Schedule 2(g) of the AIM rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAGUUPUQUPMGMP
|