Resignation of Director

 

TIDMCRK 
 
RNS Number : 5435O 
Clerkenwell Ventures PLC 
09 March 2009 
 

 
 
Clerkenwell Ventures PLC 
 ("Clerkenwell Ventures" or the "Company") 
 
 
 
 
Resignation of Director 
 
 
 
 
Following the completion of the Proposals and the subsequent reduction of the 
Company's net assets, Clerkenwell Ventures announces that Stefan Borson, 
Corporate Development Director, has resigned from the Board with immediate 
effect and will leave the Company in April 2009. 
 
 
The Board would like to thank Stefan for his diligent work and valuable 
contribution in seeking and evaluating potential investments for the Company 
since joining in August 2007. David Page, Chairman commented "Stefan's detailed 
evaluation of potential investments and his stance on valuation in the face of a 
tough trading environment and uncertain outlook proved to be eminently sensible. 
The Board wishes him success in his future projects." 
 
 
There is no intention to replace Stefan at this stage and the Company's 
Non-executive Directors and its advisers will continue to evaluate potential 
investments for the Company. 
 
 
All capitalised terms in this announcement have the meanings set out in the 
Company's Circular dated 9 January 2009. 
 
 
 
 
For further information please contact: 
 
 
Clerkenwell Ventures PLC Tel: [phone] 
David Page, Non-Executive Chairman 
Nick Wong, Company Secretary 
 
 
Seymour Pierce Limited          Tel: [phone] 
Richard Feigen 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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