RNS Number:2594T
Western & Oriental plc
28 April 2008
28 April 2008
Western & Oriental plc
Executive Director Changes
Western & Oriental plc, the specialist luxury travel group, announces today two
changes to the Board of Directors.
Raj Kumar is leaving the Board, on 30 April 2008 to pursue other interests. Raj
joined the Board of Western & Oriental at the time of the acquisition of
Key2holidays in July 2007 and over the last 9 months has helped successfully
integrate Key2holidays into the group's tour operating division, and assisted in
the development of the group's new tour operating business mid-office system.
With the integration complete, Raj has decided to leave the group to concentrate
on his personal property business based in Dubai. Raj is interested in
4,761,905 ordinary shares in the company, representing 2.09 per cent. of the
company's issued share capital. His shareholding will remain unaffected and
existing restrictions on the disposal of ordinary shares remain in effect.
The company is pleased to announce the appointment of Kerry Elizabeth Golds,
aged 40, to the Board with effect from 29 April 2008. Kerry joined Western &
Oriental in January 2007 and is now Director of Tour Operations responsible for
management of all the group's tour operating businesses. Kerry previously held a
number of positions with Travel2Travel4 between June 1985 and February 2006,
playing a key senior management role throughout the development of that
business.
David Howell, Chairman of Western & Oriental plc said:
"I am delighted that Kerry has agreed to join the Board. Kerry has done an
excellent job integrating our tour operating brands and implementing a standard
operating environment and procedures across all our brands. This successful
integration has positioned the group to gain operating synergies across the tour
operating brands as we continue to grow. Kerry's strong tour operating
experience will be a valuable contribution to the Board.
I would like to thank Raj for the successful work he has done to integrate
Key2holidays, into our Central London offices and the Board wishes Raj every
success in pursuing his personal business interests."
In addition to the directorship of the Company, Kerry Golds holds or has held
the following directorships, and is or was a member of the following
partnerships, over or within the past five years:
Current Directorships/partnerships Previous Directorships/ partnerships
Made to Measure Holidays Limited Travel 2 UK Limited
Ranch America Limited Saspio Limited
Regent Holidays (UK) Limited
South American Experience Limited
Villa Select Limited
Villa Select (Flights) Limited
Western & Oriental Travel Limited
In accordance with Schedule Two paragraph (g) of the AIM rules, there are no
additional disclosures to be made.
Enquiries:
Western & Oriental plc
David Howell, Chairman 020 7821 4078
Collins Stewart
Adrian Hadden 020 7523 8353
Temple Bar
Tom Allison/Caroline Merrell 020 7002 1080
About Western & Oriental plc
Western & Oriental is a specialist luxury travel group focused on leading the
consolidation of the niche luxury travel & conference and incentive sectors.
The company was admitted to trading on AIM under the ticker symbol WEST in March
2006. The Group acts as a tour operator, travel agent and conference and
incentive organiser offering a premium service for tailor-made and specialist
packaged holiday programmes to destinations worldwide.
For more information on Western & Oriental and its individual luxury travel
brand websites, go to www.westernorientalplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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