Directorate Change
January 09 2004 - 4:26AM
UK Regulatory
RNS Number:0413U
Angus & Ross PLC
09 January 2004
ANGUS & ROSS PLC
New board Director, Director's shareholdings
and change in registered office
1. Appointment of Finance Director
Angus & Ross PLC ("Angus & Ross" or the "Company"), the gold exploration group,
announces today that Julian Cronk has resigned as Company Secretary and as a
non-Executive Director as a result of increased business commitments at Coral
Eurobet Limited.
Axel Werner Francis Steenberg, aged 36, has been selected as the new Finance
Director and Company Secretary and has joined the Board of the Company
immediately. At present, he will carry out his responsibilities on a part-time
basis. Axel brings extensive investment banking experience of capital raisings,
mergers and acquisitions as well as his experience as a director in growth
companies.
Axel was Finance Director and Company Secretary of TEAMtalk Media Group plc from
April 2000 (when it was listed on the London Stock Exchange) until July 2002
(when it was acquired by ukbetting plc). He is currently a Director of
Steenbergs Limited, an organic products business. He trained as a chartered
accountant with Ernst & Young in London, before moving into investment banking
where he worked for 7 years in corporate finance at Westdeutsche Landesbank, SG
Hambros and KPMG.
Robin Andrews, Chairman of Angus and Ross PLC, commented:
'The Board is pleased that Axel Steenberg has agreed to join the Board. He
brings extensive knowledge of the financial challenges of emerging companies,
capital raising and acquisitions, which will be essential as the Group continues
its growth path. I would also like to pass on the Board's thanks to Julian Cronk
for his valuable contribution to Angus and Ross in its early years."
Save as disclosed above and in the following paragraphs, there are no
disclosures relating to Axel Steenberg under paragraph (f) (ii) - (viii) of
Schedule 2 of the AIM Rules for Companies:
(i) Axel Werner Francis Steenberg currently holds the following
directorships and has held the following directorships within the 5
years prior to this announcement:
*Current directorships: Steenbergs Limited;
*Past directorships: TEAMtalk Media Group plc, TEAMtalk.com Limited,
TEAMtalk Broadcast Limited, TEAMtalk GmbH (incorporated in Germany),
TEAMtalk Deutschland GmbH (incorporated in Germany), TEAMtalk Media
Limited, TEAMtalk Satellite Limited, TEAMtalk Satellite, Inc.
(incorporated in USA), TEAMtalk Sverige AB (incorporated in Sweden),
TEAMtalk, Inc. (incorporated in USA), RacingOne.com, Inc. (incorporated
in USA), Rapid Raceline Limited, Radio Tara Limited (incorporated in the
Republic of Ireland), TTC2 Limited, TTC3 Limited, TTC4 Limited, TTCX
PLC.
(ii) On 18 April 2002, TEAMtalk Sverige AB was placed into voluntary
liquidation and was solvent on liquidation. On 12 September 2002,
TEAMtalk GmbH was placed into voluntary liquidation and is anticipated
to be solvent on liquidation.
2. *Directors' shareholdings
The Company was informed today that Axel Steenberg purchased today 100,000
ordinary shares of 1p each in the Company, representing 0.21% of the issued
share capital of the Company, at 9p per share.
3. Change of registered office
The Company has changed its registered office to St Chad's House, Piercy End,
Kirkbymoorside, York YO62 6DQ.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAIIFFALSIAIIS