Quadrant Group Plc - Re Directorate
August 22 1997 - 3:30AM
UK Regulatory
RNS No 0184h
QUADRANT GROUP PLC
22nd August 1997
Quadrant Group plc ("Quadrant")
(The Precision Engineering and Electronics Systems Group)
NIGEL POULTNEY APPOINTED GROUP FINANCE DIRECTOR
Following the recent disposal of Yewlands Engineering Co Ltd
("Yewlands"), Mr Stephen Eldred, who was Managing Director of
Yewlands as well as Finance Director of Quadrant, resigned from
the Board on 21 August 1997. He will be taking up an
appointment in the US.
Mr Nigel Poultney, the Company Secretary and Group Financial
Controller, has today been appointed Group Finance Director.
Lord Rees, the Chairman of Quadrant, said:
"I would like to thank Stephen for the excellent contribution
that he has made during a difficult time for the Group and I
wish him well for the future.
"We are particularly fortunate that Nigel Poultney, who
qualified as a chartered accountant with Deloitte Haskins &
Sells in 1981, will take over Stephen's role whilst remaining
Company Secretary."
For further information contact:
David Coghlan (Chief Executive) 0171 408 1062
Brian Coleman-Smith (Binns & Co. Public Relations)0171 786 9600
END
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