Proposed Directorate Change (0603E)

TIDMMSS

RNS Number : 0603E

Managed Support Services PLC

24 May 2012

Managed Support Services plc

("MSS" or the "Company")

Board appointment

Further to the announcement (RNS no 9162C) and circular sent to shareholders on 8 May 2012 the Company is pleased to announce, that subject to all resolutions being passed at the General Meeting of the Company, to be held tomorrow, 25 May 2012, at 11:00 a.m. at the offices of Morrison & Foerster (UK) LLP, Citypoint, One Ropemaker Street, London, EC2Y 9AW, Christopher Yates will be appointed to the board as a Non Executive Director.

Christopher has been a corporate financier for nearly 30 years involved mainly with smaller quoted companies. He qualified as a chartered accountant in 1978 and, following a secondment to the London Stock Exchange, joined the corporate finance department of Laing & Cruickshank (which became Credit Lyonnais Securities). He worked on flotations, fund raisings, take-overs, acquisitions and disposals for small quoted companies including a number of investment companies. In January 2003 he joined Corporate Finance Partners Limited, a small corporate finance advisory firm of which he is still a director. In October 2010, he became finance director and company secretary of Oak Holdings plc. Following the termination of two critical agreements by a local authority, he worked through a CVA for that company which has become the investment company, Pires Investments plc and continues as director and company secretary. Christopher is a non-executive director of two unquoted companies, Culver Holdings plc and Phoenix Administration Services Ltd. From 1999 until 2006, he was a member of the Corporate Governance Committee of the Quoted Companies Alliance (and chairman between 2001 and 2006).

A further announcement will be made post the General Meeting of the Company.

The Directors of the issuer accept responsibility for this announcement.

--ENDS--

 
 FOR FURTHER INFORMATION, PLEASE CONTACT: 
 
  Managed Support Services plc: 
 Simon Beart, Chief Executive       07710 444 370 
  Piers Wilson, Finance Director     020 7280 0953 
 
  Cenkos Securities plc: 
 Nick Wells / Stephen Keys          020 7397 1949 
 
  Rivington Street Corporate Finance Limited: 
  Jon Levinson / Tom Stockton 020 7562 3365 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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