Directorate Change
30 September 2003 - 10:21PM
UK Regulatory
RNS Number:3462Q
Staffing Ventures PLC
30 September 2003
Staffing Ventures plc ('Staffing' or the 'Company')
30 September 2003
Directorate Change
As stated in the final results announcement released at 7.00am this morning, the
Company is today announcing the departure of Steve Wilden, Group Chief Executive
and the subsequent appointment of Gavin Mark Kaye, aged 40, into this position,
with immediate effect.
Gavin Kaye currently holds, and in the past five years has held, the following
directorships and are or was a partner of the following partnerships:
Current Directorships Previous Directorships
Alga Associates (a partnership) Blissful Harmony Limited
Autono-med Limited Butterfly Textiles Limited (in liquidation)
Butterfly Group Limited Casebray Limited (Dissolved)
Butterfly Investments (UK) Limited Jerome Group plc
Drylining Depot Limited Kersen Trimmings Limited
Games Central Limited Longpause Limited (Dissolved)
GMK Consulting Limited Pang Education Limited (Dissolved)
Health Media Group plc Pang Health Limited (in liquidation)
Internet Direct Limited Pang Media Limited (Dissolved)
Pang Management Limited Pang Medics Limited (Dissolved)
Pang Medical Communication Limited Pang Technology Limited (Dissolved)
TGM Solutions Limited Principal Commerce Limited
Prize Peach Limited
Property Connections plc (Dissolved)
Shareelite Limited (in administration)
Solinia Limited
Swaymist Limited (Dissolved)
Taperealm Limited (Dissolved)
T F Associates Limited
Union 4U Limited
Union 221 Limited
Union Group Limited
V M Thomas Limited
Worthington Buttons Limited
Worthington Group plc
Worthington Holdings Limited
Gavin Kaye was appointed to the board of directors of Property Connections plc
(a start up) as a non-executive director on 15 August 1997. On 27 July 1999,
following trading difficulties, the company went into a creditors' voluntary
liquidation. The deficiency as regards creditors was #738,000.
Mr Kaye was appointed to the board of Butterfly Textiles Limited as a
non-executive director on 25 January 2000. On 15 November 2002 the Company went
into a creditors' voluntary liquidation. The deficiency as regards to creditors
is not yet determined. Mr Kaye was appointed to the board of a related company,
Kersen Trimmings Limited, as a non-executive director on 1 August 2001. On 6
August 2002, the Company went into a creditors' voluntary liquidation. The
deficiency as regards creditors was approximately #500,000.
Mr Kaye was appointed to the board of Pang Health Limited as an executive
director on 6 March 2000. On 20 September 2002, following the sale of the
business to Shareelite Limited, the Company went into a creditors voluntary
liquidation. The deficiency as regards creditors, including inter-company
indebtedness of #1.1million, was #2.2 million. Mr Kaye was appointed to the
board of Shareelite Limited as an executive director on 2 December 2002,
resigning his position on 30 June 2003.. As from 15 August 2003 the company has
been in administration. The deficiency as regards creditors is not yet
determined and at this stage it is not possible to give an estimate.
Save for the above there is no further information required to be announced
pursuant to Schedule 2 paragraph (f) of the AIM Rules.
END
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