Optare PLC Directorate Change (4612N)
July 28 2014 - 3:45AM
UK Regulatory
TIDMOPE
RNS Number : 4612N
Optare PLC
28 July 2014
Optare Plc
("Optare" or the "Company")
Board Appointment
The Company is pleased to announce that Mr. T. Venkataraman has
been appointed to the Board as a Non-Executive Director with
immediate effect.
Mr. Venkataraman Thyagarajan, 54, is an Indian citizen and is
currently the Head of Global Bus Business of Ashok Leyland Ltd,
Optare's parent company. Mr. Venkataraman is a Mechanical Engineer
and holds a Master's Degree in Industrial Management. Mr.
Venkataraman has 33 years' experience in the automotive industry
and started his career in 1981 with various organizations such as
Suhail Bahwan & Saud Bahwan Group, Amalgamations Group, McNeil
& Magon and Enfield Motors. Mr. Venkataraman was a Professor at
NITIE, Mumbai for three years and has four publications to his
credit. Mr. Venkataraman joined Ashok Leyland Ltd in April 2010 and
is responsible for the Global Bus Business. He is a Director of the
Ashok Leyland (UAE) LLC and Irizar TVS Ltd.
Welcoming Mr. Venkataraman, Mr. John Fickling the Chairman said,
"We are delighted to welcome Thyagarajan to the Board. He brings a
wealth of experience and will be a great asset to the Company."
Save as disclosed above there are no additional disclosures to
be made in accordance with paragraph (g) of Schedule 2 of the AIM
rules in relation to Mr. Venkataraman.
For further information please contact:
Optare plc Tel: 08434 873 200
Garry Booth
Cenkos Securities plc Tel: +44 (0) 20 7397 8900
Stephen Keys/Mark Connelly
This information is provided by RNS
The company news service from the London Stock Exchange
END
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