RNS Number:1709M
Loftus Road PLC
13 June 2000 LOFTUS ROAD PLC
BOARD CHANGE
Loftus Road PLC, the AIM listed Queens Park Rangers and
London Wasps sports Group, announces that chief executive
Simon Crane has resigned from the Board to take up a new
position as Head of Marketing of Jaguar Racing, the
Formula One arm of the Ford Motor Company.
Simon will be replaced by David Davies, who joins Loftus
Road from Ogden Entertainment, one of the world's largest
venue management groups where he has been director of
European operations since April 1998. He moved to Ogden
from Contemporary Leisure Plc in 1994. Ogden was recently
acquired by SMG Management Group.
David had day to day responsibility for all Ogden
Entertainment Services interests in the UK and Europe
including the management and financial development of:-
the Manchester Evening News Arena, the largest and
busiest indoor arena in Europe, the Telewest Arena,
Newcastle, the Oberhausen Arena in Germany, Bridgwater
Hall, the Manchester Storm Ice Hockey team, and numerous
high profile sporting and musical concerts and events.
It is expected that Simon will leave on the 2nd July and
David will start on 1 August
2000.
Chairman, Chris Wright, commented: "We thank Simon for his commitment and hard work at
Loftus Road and hope that he has a successful future
career. We are delighted that David has agreed to join
us, he has an impressive record of success with Ogden as
a manager of leading national and international leisure
facilities and brands. We look forward to benefiting
from his experience, enthusiasm and ideas."
For further information please contact: Chris Wright, Chairman, Loftus Road - tel no:
020 7221 2213 Mark Edwards, Buchanan Communications - tel no:
020 7466 5000
Notes: The current directorships in other companies held by
David Davies and those held during the previous five
years are as follows: Current directorships
Hallogen Ltd
Ogden Entertainment Services (UK) Ltd
Ogden Ice Hockey Ltd
Park Arena Ltd
Manchester Storm Ltd
Ice Hockey Superleague Ltd Past Directorships
Association of Facility Development Managers David Davies: (i) has no unspent convictions in relation to indictable
offences; (ii) has not been bankrupt nor the subject of an
individual voluntary arrangement; (iii)has not been an executive director of any
company which, while he was an executive director or
within 12 months after he ceased to be an executive
director, had a receiver appointed or went into
compulsory liquidation, creditors' voluntary liquidation,
administration or company voluntary arrangement or made
any composition or arrangement with its creditors
generally or with any class of its creditors; (iv) has not been a partner of any partnership which,
while he was a partner or within 12 months after he
ceased to be a partner, went into compulsory liquidation,
administration or partnership voluntary arrangement or
had a receiver appointed to any partnership asset; (v) has not had any public criticism by statutory or
regulatory authorities (including recognised professional
bodies); and (vi) has not been disqualified by a court from acting as
a director of a company or from acting in the
management or conduct of the affairs of any company.
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