Statement re resignation of director
20/10/2008 7:00am
UK Regulatory
RNS Number : 1499G
Equable Properties PLC
20 October 2008
Equable Properties plc ("Equable" or the "Company")
Resignation of Director
The Board of Equable announces the resignation of Peter McCann as an executive Director of the Company, to take effect immediately.
Peter joined the board on 29 August 2008, in advance of the proposed and previously announced acquisition by Equable of a business owned
by Peter, which would result in him owning some 77 per cent of the enlarged share capital of Equable.
As work on the proposed acquisition has progressed it has become clear that Peter has a material conflict of interest as a director of
both companies and as a result has not been able to participate fully in the company's affairs. It has therefore been agreed that Peter will
leave the Equable board until such time as the proposed acquisition has completed.
For further information:
Desmond Bloom, Chief Executive Officer Equable Properties plc 07793 125 625
Clive Carver FinnCap 020 7600 1658
This information is provided by RNS
The company news service from the London Stock Exchange
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