Directorate Change

 

TIDMCLEA 
 
RNS Number : 4196F 
Cleardebt Group PLC 
12 January 2010 
 
 
 
 
 
12 January 2010 
ClearDebt Group plc 
("ClearDebt" or the "Company") 
 
 
Directorate Change 
 
 
ClearDebt is pleased to announce the appointment of David Michael Shalom, aged 
42, as Finance Director to the Company with immediate effect.  Mr Shalom was 
ClearDebt's Finance Director at the time of the original admission to aIM of the 
Company and has been acting as Group financial controller to the Company since 
July 2009. 
 
 
David Mond, Chief Executive, commented: "We are delighted to welcome David back 
as a director of ClearDebt and to formalise his appointment. We look forward to 
welcoming him to the Board of ClearDebt." 
 
 
Together with his wife, Gayle Shalom, David Shalom is beneficially interested in 
2,150,000 ordinary shares in ClearDebt, representing 0.7% of the Company's 
issued share capital.  Mr Shalom also has options under the Company's EMI Scheme 
over a further 375,000 ordinary shares in the Company which are ordinarily 
exercisable between 7 October 2012 and 7 October 2019 at a price of 2p each. 
 
 
Mr Shalom is, or has been in the previous 5 years, a Director of the following 
companies: 
+--------------------------+--+----------------------------------------------+ 
| Current                  |  | Previous                                     | 
+--------------------------+--+----------------------------------------------+ 
| Worthington Group plc    |  | Avalon (Europe) Limited                      | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | AJWL 2004 Limited                            | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | A Sindall Limited                            | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Bankside Finance Limited                     | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Blissful Harmony Limited                     | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Bolinten Limited                             | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | BS Dollamore Limited                         | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | ClearDebt Group plc                          | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Coral Products plc                           | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Dunham Forest Golf and Country Club Limited  | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Gardiners of Selkirk Limited                 | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | George Priestley & Sons Limited              | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | GFC Products Limited                         | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Granby Bell Limited                          | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | H Armitage & Co (Eccleshill) Limited         | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Henderson Holmes & Reiss Limited             | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Henry Mason (Shipley) Limited                | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Hind Priestley Limited                       | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Hulme Holmberg Limited                       | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Ilia Limited                                 | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Jerome (1999) Limited                        | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Jerome Group plc                             | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Merrall & Musgrave Limited                   | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Merral Spinning Company Limited              | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | NBC 2004 Limited                             | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Nirvana Holdings Limited                     | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Prize Peach Limited                          | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Quality Textile Exports Limited              | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Solinia Limited                              | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Taskready Limited                            | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | The Avalon Trustee Company Limited           | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | VM Thomas Limited                            | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | West Yorkshire Weavers Limited               | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Wildtime Limited                             | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Buttons Limited                  | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Distribution Limited             | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Fabrics Limited                  | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Holdings Limited                 | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Textiles Limited                 | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Threads Limited                  | 
+--------------------------+--+----------------------------------------------+ 
|                          |  | Worthington Trimmings Limited.               | 
+--------------------------+--+----------------------------------------------+ 
 
 
David Shalom was also a Director of Bridgewater Hospital Limited (formerly 
Manchester Diagnostic and Treatment Centre Limited) from 18 August 2005 until 18 
December 2006.  This company entered administration on 18 December 2006 with a 
shortfall to creditors of GBP170,982 and was placed into creditors' voluntary 
liquidation on 9 December 2007. 
 
 
The Company confirms that there is no other information which is required to be 
disclosed pursuant to Schedule 2 paragraph (g) of the Aim Rules for Companies. 
 
 
 
 
Contacts: 
 
 
For further information, please contact: 
 
 
David Mond       ClearDebt Group plc     Tel: [phone] 
John Cowie       Seymour Pierce Limited       Tel: [phone] 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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