Directorate Change
27 October 2004 - 9:22PM
UK Regulatory
RNS Number:5254E
Music Choice Europe PLC
27 October 2004
Music Choice Europe plc
("Music Choice" or "the Company")
Board Changes
27 October 2004
Music Choice Europe plc, Europe's leading digital audio broadcaster, is pleased
to announce the appointment of two Non-Executive Directors. David Rey and Chris
Stylianou will be joining the Board with immediate effect, replacing Martin
Goswami and Matthew Imi as the BSkyB representatives.
David Rey is the Director of Joint Ventures and Cable at BSkyB and is
responsible for the development of Sky's Joint Ventures and Cable company
relationships. He joined the company in 1996 as Financial Controller in
Commercial Finance, before progressing to Head of Finance in Marketing and
Distribution. He then completed three years as Head of Finance in Sky
Interactive before becoming Head of Programming Finance.
Prior to joining BSkyB, David held a variety of finance and strategy roles at
International Distillers & Vintners, which is now part of Diageo PLC, working at
the company's London headquarters and across continental Europe.
David holds a B.A. in Economics and Statistics from Exeter University and is a
qualified Chartered Management Accountant.
Chris Stylianou is the Director of Commercial Finance for Sky and heads up the
team responsible for all aspects of internal finance and investment appraisal
across Sky's core functions. He joined the company in 1996 as Group Reporting
Accountant before progressing through a number of senior finance positions
within Sky to his current role. Prior to joining Sky, Chris worked at KPMG as a
Manager in the Music and Entertainment Division.
Chris holds a B.S.C. in Physics from Bristol University and is a qualified
Chartered Accountant.
The Board can confirm that there is no relevant information to disclose under
paragraphs 6.F.2 (b) to (g) of the Listing Rules in relation to the appointment
of David Rey and Chris Stylianou.
Martin Goswami and Matthew Imi have resigned from the Board with immediate
effect.
Mike Thomas, Chairman of Music Choice, commented:
"We are delighted to welcome David and Chris to the Board and look forward to
drawing from their wide experiences in the music entertainment industry, which
will be extremely important to Music Choice as we strengthen our position as one
of the leading music file delivery businesses in the world. I would also like to
thank Martin Goswami and Matthew Imi for their invaluable contributions on the
Board."
- Ends -
For further information, please contact:
Music Choice Europe plc 020 7014 8700
Margot Daly, Chief Executive
Dylan Jones
Weber Shandwick Square Mile 020 7067 0700
Louise Robson or Helen Thomas
About Music Choice Europe
Music Choice is Europe's leading digital audio music broadcaster, available in
more than 13 million homes in 18 countries across Europe and the Middle East.
Music Choice provides consumers with non-stop digital-quality music channels,
completely uninterrupted by DJ chat, adverts, VJs or presenters, 24 hours a day,
seven days a week. With no interruptions for advertising, Music Choice's
channels play about 25% more music than the average commercial radio station or
music television channel. Founded in 1993, Music Choice is a public company
listed on the London Stock Exchange (LSE: MUS), with key shareholders including
BSkyB, Warner Music and Sony Corporation.
To find out more about Music Choice visit: http://www.musicchoice.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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