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PUG Public Rec.

34.00
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Public Rec. LSE:PUG London Ordinary Share GB00B00LM737 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

EGM Notice & Director Change

25/09/2007 8:06am

UK Regulatory


RNS Number:4103E
Public Recruitment Group plc
25 September 2007

Change of Name and Director Resignation

Change of Name

Public Recruitment Group PLC ("PRG" or the "Group"), the public sector
recruitment and services group announces that it proposes to change its name to
Synarbor PLC.



PRG is a leading provider of qualified teachers and social workers to the UK
public sector. It was the first consultancy to amalgamate its education and
social work divisions, a strategic move that helped to exploit internal
synergies, and one that was recently mirrored by the Government's restructuring
of the Department for Education and Skills (DfES) to the Department for
Children, Schools and Families (DfCSF).



This unique position has highlighted new opportunities and bolstered the plan
for diversification, while fostering the Group's strategy to provide a service
support delivery system that will reposition the enterprise among its peers.



As part of this repositioning the board believe that it is appropriate for the
company to be rebranded.

The change of name is subject to shareholder approval. A circular convening an 
EGM of the Company, which will take place on 18 October 2007, is being sent to 
shareholders.


Resignation of Director

The Company today also announces that Darren McLaney has tendered his
resignation as a non-executive director of the Company with immediate effect.



As part of the board restructure in April 2007 Darren became a non-executive
director to facilitate a smooth hand-over to the new Chief Executive, Dean
Kelly.  This process has now been completed.  The Board would like to take this
opportunity to thank Darren for his valued contribution to the Company and to
wish him every success for the future.

Commenting on the change of name, Luke Johnson, Chairman said:



"PRG has become a leading innovator within its chosen sectors - not least in its
amalgamation of the education and social work sectors. In this respect the
company pre-empted the Government's own restructuring of its delivery of
relevant services in these areas. And just as the Government's restructuring
engendered a renaming of the Department for Education & Skills to the Department
for Children, Schools and Families, PRG also feels it appropriate to rename and
rebrand its offering to better reflect its new positioning and appeal. Yet this
renaming heralds more than a simple correction for accuracy's sake. I am
confident it is the beginning of an exciting period in the company's development
- as it seeks to exploit the new opportunities available from a deepened and
broadened service support offering to the sectors where PRG has developed a
leading edge. I, therefore, fully support this resolution"





For further enquiries:

                        Dean Kelly/Daniel Urmson
                        Public Recruitment Group PLC
                        (0114 283 4925)
                        Robert Kelsey
                        Moorgate Group
                        (0207 953 7772)



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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