Directorate Change
July 31 2003 - 3:03AM
UK Regulatory
RNS Number:1667O
Ringprop PLC
31 July 2003
For release 31 July 2003
RingProp Plc Announcement of Board Change
Johnny Townsend has decided, with effect from today, to step down as Chairman
and Director of the Company to pursue his other interests. Denis Mulhall,
currently a non-executive director, has been appointed non-executive Chairman.
This change reflects the progress made by the company since its flotation last
November, bringing to a close the early financing of the company and marking the
beginning of the manufacturing stage with the signing of the agreement with the
JLFrench group.
Mr. Townsend said "RingProp has now progressed beyond the start up stage and
with the signing of this significant contract this is an appropriate time for me
to hand over the responsibilities of Chairman to someone with far reaching
industrial experience The Board wishes to thank Johnny Townsend for his
contribution to the business and wishes him every success in his future
endeavours."
For further information
RingProp plc
Denis Mulhall
Chairman 020 89429238 / 07767 353160
Binns & Co PR Ltd
Paul Vann
Emmie Peryer 020 7 786 9600
Notes to the Editor
Denis Mulhall, 51, is a qualified accountant and an MBA. He has held a variety
of board positions including with Oxford GlycoSciences plc and Enodis
(Berisford) plc, both listed companies, and Metzeler Automotive Profile Systems,
a private company.
This information is provided by RNS
The company news service from the London Stock Exchange
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