Management Changes (Qonnectis)

Date : 10/08/2008 @ 2:00AM
Source : UK Regulatory (RNS and others)
Stock : Qonnectis Plc (QTI)
Quote : 0.350  0.0 (0.00%) @ 2:49AM
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Management Changes (Qonnectis)

    RNS Number : 3184F
  Qonnectis plc
  08 October 2008
   


    Qonnectis plc ("Qonnectis" or the "Company")

    Management Changes

    Due to the current ill health of Chief Executive Michael Tapia the Board announces that
Guy Chant, currently a Non Executive Director of
the Company will act as interim Chief Executive with immediate effect during this period.

    Guy has had extensive experience within the European utilities industry, at both senior
management and Board levels. Between 1994 and
1999 he was Managing Director of Thames Municipal Products Ltd ("TMP"). Between 2000 and 2004
he was Commercial Director of Thames Water
Utilities Ltd and External Affairs Director of Thames Water plc. More recently, Guy was
Executive Director at Berlinwasser Holding AG (a
joint venture between Land Berlin, RWE/Thames Water ("RWE") and Veolia Environnement S.A.),
the main water utility serving the city of
Berlin.

    The Board is pleased to announce that Barbara Spurrier has been appointed finance director
with immediate effect.

    Barbara is a qualified certified accountant with over 25 years experience in financial and
accountancy roles. She is a founder and
Director of Cambridge Equity Partners Ltd., a consultancy business focussing on corporate
finance projects, where she has worked with
numerous companies to develop strategic business plans and objectives. Barbara has experience
in assisting companies to secure capital from
institutions and private investors in order to facilitate expansion and development, and has
undertaken full business reviews to identify
and provide action on key issues.

    As previously announced the Company expects to release its preliminary announcement of the
results for the year ended 30 June 2008, in
November 2008.

    Enquiries:

    Qonnectis plc                            01932 788299 
    Guy Chant
    Barbara Spurrier

    Finncap                                     0207 600 1658
    Clive Carver


    Appendix

    In accordance with Schedule Two, paragraph (g) of the AIM Rules for Companies, the
following information in relation to the appointment
of Barbara Spurrier to the Board is disclosed:

    Full name:                 Barbara Joyce Spurrier
    Previous names:        Barbara Joyce Huxley-Parlour
                                    Barbara Joyce Gagg
    Age:                         52

    Barbara Spurrier currently holds or has held the following directorships and partnerships
in the last five years.

 Current Directorships and           Directorships held in the last five years
 Partnerships
 Cambridge Equity Partners Ltd.      CBIOS Ltd.
 Cambridge Financial Partners LLP    Cellexus Biosystems Inc. 
                                     Cellexus Biosystems Plc.
                                     DCM Incontrol Ltd.
                                     Fair 2 U Ltd.
                                     Freshbourne Ltd 
                                     OxLoc Ltd.
                                     Renewable Energy fuels Worldwide Ltd.
                                     Rototek Ltd
                                     SG32 Ltd
                                     Stribbons Ltd.
                                     TDLP Associates Ltd.

    Barbara Spurrier has been a director of the following:

    Cellexus Biosystems Plc which was put into administrative receivership on 3 March 2008.

    Strathcarron Sports Cars plc which was put into voluntary creditors liquidation on 21
November 2001 with an estimated deficiency as
regards creditors of £2,633,000.

    J. A. Gagg & Sons Limited which became insolvent under receivership rule 3.32 and was
dissolved on 18 November 1997.

    There are no further disclosures to be made in relation to Barbara Spurrier pursuant to
Schedule Two, paragraph (g) of the AIM Rules for
Companies.



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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