REG-Matchtech Group PLC Re: Board Change
Released: 09/02/2009
com:20090209:RnsI9725M
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RNS Number : 9725M
Matchtech Group PLC
09 February 2009
9 February 2009
Matchtech Group plc
Board Change
Matchtech Group plc ("Matchtech" or the "Group"), one of the UK's leaders in
specialist technical recruitment, announces that Paul Raine, Resources Director,
has resigned from the Board and has left the company by mutual agreement with
effect from 6 February 2009. His responsibilities for IT, operations, marketing
and legal will be assumed by Adrian Gunn, Group Managing Director and Tony Dyer,
Group Finance Director.
George Materna, Chairman of Matchtech, commented:
"On behalf of the Board, I would like to thank Paul for his contribution to the
development of Matchtech over the past 19 years. Matchtech is a much bigger and
stronger business than the one he joined and he leaves with our thanks and our
best wishes for the future. These are challenging economic times and it is
incumbent on the Board to take the difficult decisions necessary to ensure that
we keep our business as flexible and cost efficient as possible. We will
continue to do so as required."
For further information please contact:
Hogarth Partnership 020 7357 9477
John Olsen / James Longfield
Arbuthnot Securities 020 7012 2000
James Steel / Katie Shelton
Background on Matchtech (AIM: MTEC.L)
Established in 1984, Matchtech specialises in the provision of contract and
permanent staff and has grown organically to become one of the UK's leading
technical and engineering recruitment specialists.
Operating from a single site near Southampton, Matchtech provides predominantly
professionally-qualified candidates to a broad range of clients across the UK in
the Engineering, Built Environment and Support Services sectors.
www.matchtech.com
Cautionary Statement
This announcement is prepared for and addressed only to the Group's shareholders
as a whole and to no other person. The Group, its directors, employees, agents
or advisers do not accept or assume responsibility to any other person to whom
this announcement is shown or into whose hands it may come and any such
responsibility or liability is expressly disclaimed. Statements contained in
this announcement are based on the knowledge and information available to the
Group's Directors at the date it was prepared and therefore the facts stated and
views expressed may change after that date. By their nature, any statements
concerning the risks and uncertainties facing the Group involve uncertainty
since future events and circumstances can cause results and developments to
differ materially from those anticipated. To the extent that this announcemetn
contains any statement dealing with any time after the date of its preparation
such statement is merely predictive and speculative as it relates to events and
circumstances which are yet to occur. The Group undertakes no obligation to
update these forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
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