Directorate Change-Replacemnt
26 Giugno 2003 - 4:36PM
UK Regulatory
RNS Number:8317M
Cape PLC
26 June 2003
Amendments have been made to the Current and Past Directorships of the
announcement which was released today at 12.48 under RNS number 8255M. The
full and amended announcement is below.
Cape Plc announces that Martin May, at present the Group Managing Director of
Cape Plc has been appointed as Chairman of the Company, with effect from 24 June
2003.
Cape Plc also announces that Ian Widdowson, Group Finance Director, has resigned
from the Company with effect from 24 June 2003. The Board would like to thank
Mr Widdowson for his work on behalf of the Company and wish him well for the
future.
Cape Plc further announces that Michael Thomas Reynolds, aged 44, has been
appointed as Group Finance Director in succession to Ian Widdowson on 24 June
2003. He has worked for the Cape group for eleven years, most recently as
Finance and Commercial Director of the Industrial Services business.
Mr Reynolds' current directorships and past directorships held within the last
five years are as follows:
Current Directorships Past Directorships
Aspectallow Limited Altitude Scaffolding Limited
Cape Contracts International (W.A.) Pty Ltd Cape Calsil Limited
(Australia) Cape East (Thailand) Ltd
Cape Contracts Limited Cape East Philippines Inc.
Cape East E.C. (Bahrain) Cape East Malaysia Sdn. Bhd.
Cape East Limited Cape Industrial Services (Scotland) Limited
Cape East Pte (Singapore) Cape Painting Contractors Limited
Cape Hire Limited Cape Pension Trustees Limited
Cape Industrial Services Limited Joseph Nadin Scaffolding Limited
Cape Industrial Services Europe Limited Kennedy's Scaffolding Limited
Cape Industrial Services Group Limited United Cape Modern Pty Ltd (Australia)
Cape Modern Pty Ltd (Australia)
Cape Offshore Services Limited
Cape Overseas Limited
Cape Public Limited Company
Cape Scaffolding Limited
Cape Specialist Coatings Limited
CISG Limited
Darlington Insulation Company Limited
Maintenance Insulation Limited
Predart Limited
R.B. Hilton Limited
Somewatch Limited
Somewin Limited
Mr Reynolds does not hold shares in Cape Plc but has been granted the following
options over Cape Plc shares:
Earliest Exercise Expiry Exercise Number of Shares
Date Date Price
Executive Share Option Scheme 5 April 1999 5 April 2006 167p 15,000
1996
Executive Share Option Scheme 2 July 2001 2 July 2008 153.5p 25,000
1998
Savings Related Scheme 1 July 2004 1 January 2005 68p 2,779
There are no further details concerning Mr Reynolds to disclose pursuant to
paragraph (f) of Schedule 2 of the AIM Rules.
Cape Plc was informed on 25 June 2003 that, on the same day, Martin May
purchased 20,000 shares in the Company at a price of 29p per share. Mr May's
total interest in the shares of the Company is now 30,000 shares, representing
approximately 0.06% of the issued ordinary share capital of the Company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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