Directorate Change (0165M)
09 August 2011 - 8:15PM
UK Regulatory
TIDMPEG
RNS Number : 0165M
Petards Group PLC
09 August 2011
9 August 2011
PETARDS GROUP PLC
(AIM: PEG)
Directorate change
Petards Group plc ("Petards" or "the Company"), announces that
for personal reasons Bill Conn will relinquish his duties as Chief
Executive on 31 December 2011.
From that date the Company will continue to benefit from Bill's
experience as he will remain on the board as a non executive
director. Bill joined the Board in February 2005 and was appointed
Chief Executive in June 2006.
An announcement concerning Bill's successor will be made in due
course.
Tim Wightman, chairman, said "On behalf of the board I would
like to thank Bill for his dedication and contribution over five
years as CEO in reducing the cost base and successfully focusing
the Company on its security products within the rail transport,
defence and security markets. We are pleased that he will continue
to contribute to the Company's success in a non-executive
capacity."
Contacts:
Petards Group plc www.petards.com
Tim Wightman, Chairman +44 (0) 191 420 3000
WH Ireland Limited www.wh-ireland.co.uk
Mike Coe / Marc Davies +44 (0) 117 945 3470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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