Hume Capital Securities PLC Director Change (5358G)
May 08 2014 - 2:02AM
UK Regulatory
TIDMHUME
RNS Number : 5358G
Hume Capital Securities PLC
08 May 2014
8 May 2014
Hume Capital Securities Plc
(the "Company" or "Hume")
Resignation of Nitin Parekh
The Board announces the resignation of Mr Parekh as Chief
Executive Officer of the Company and the appointment of Jonathan
Freeman, a non-executive director of the Company, as Interim Chief
Executive Officer with immediate effect.
The Board is currently undertaking a review of the Company, and
in particular, is looking to ensure that the Company's financial
resources are adequate to fund the business for the foreseeable
future. In this regard, the Board is in advanced discussions with a
group of investors who have indicated that they are willing to
provide funding into the company should this be necessary in either
the short or medium term.
The Board will make further announcements regarding this in due
course.
Enquiries:
Hume Capital Securities Plc
Peter Middleton (Chairman)
Jonathan Freeman (Interim CEO)
+44 (0)20 3693 1470
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / Melanie Frean / Jamie Barklem
+44 (0)20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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