Board Changes
April 30 2009 - 2:01AM
UK Regulatory
TIDMATCG
RNS Number : 4117R
AT Communications Group Plc
30 April 2009
ATCG.L
AT Communications Group plc
("AT Communications" or the "Company")
ATC is an award-winning supplier of Information and Communication Technology
("ICT") solutions
Board Changes - Chairman and New Non-Executive Director Appointed
The Board of AT Communications announces the following changes to its
composition, which will enable it to better meet the challenges it faces over
the short and medium term.
John Standen recently appointed as a Non-Executive Director and prospective
Chairman has been confirmed as ATC's new Chairman with immediate effect. This
follows on from Gerry Spencer, the Group's former Chairman, recently announcing
his intention to step down from the Board. Although it was intended that Gerry
would step down at the AGM, the Board felt that the change would be more
effective if brought forward.
In addition, Michael Norris has been appointed as a Non-Executive Director.
Michael, who qualified as a Chartered Accountant with Price Waterhouse, has
significant senior management, banking and venture capitalist experience and has
worked extensively with both quoted and unquoted companies.
Finally, Richard Carter, the Managing Director of the recently disposed Rocom
division will step down from the Board with immediate effect.
The executive directors have opted to waive their bonus entitlement for 2008 and
the Remuneration Committee will be reassessing executive remuneration for 2009,
by benchmarking the group against comparable public companies.
Commenting on the Board changes, John Standen Chairman of AT Communications,
said:
"Following the sale of Rocom and the resulting repositioning of the business and
Gerry's wish to retire from his position, we have taken the opportunity to
review and restructure the Board and ensure it has the appropriate balance and
representation for the business going forward. The Board would like to take this
opportunity to thank Gerry and Richard for their contributions and welcome
Michael."
Save as disclosed below there are no additional disclosures to be made in
accordance with paragraph (g) of Schedule 2 of the AIM rules for Michael Norris
Michael Norris has held the following directorships during the last five years:
Belisize Holdings Ltd
Brittania Living Group Ltd
Countdown International Group Ltd
Spaform Ltd
AIS Countdown Ltd
Applied Chemicals Ltd
AC Realisations Ltd
Slappman Ltd
Peanor Ltd
Medixmaster Ltd
Envirochem Ltd
Ernest F Moss & Co Ltd
Gramos Applied Ltd
Gramos Chemicals International Ltd
Walterisation Ltd
Manorpeach Ltd
Applied Chemicals Netherlands BV
Gramos Chemicals India Private Ltd
Applied Chemicals Scandinavia Ltd
Eropean Golf Brands Holdings Ltd
European Golf Brands Ltd
Powakaddy International Ltd
HillBilly Ltd
Jamtiln Ltd
Fabrikat Holdings Ltd
Fabrikat Nottingham Ltd
Critical Environmental Solutions Ltd
City Lofts (Sheffield) Ltd
City Lofts (Half Tide dock) Ltd
Bay Pointe Ltd
City Lofts (St Vincent street) Ltd
Half tide dock Ltd
St Pauls Management (Sheffield) Ltd
Enquiries:
+--------------------------------------------------+--------------------+
| AT Communications Group plc | 01279 638123 |
+--------------------------------------------------+--------------------+
| John Standen, Chairman | |
+--------------------------------------------------+--------------------+
| www.atcommunications.co.uk | |
+--------------------------------------------------+--------------------+
| Cenkos Securities plc | 020 7397 8924 |
+--------------------------------------------------+--------------------+
| Stephen Keys | |
+--------------------------------------------------+--------------------+
| www.cenkos.com | |
+--------------------------------------------------+--------------------+
| Biddicks | 020 7448 1000 |
+--------------------------------------------------+--------------------+
| Shane Dolan | |
+--------------------------------------------------+--------------------+
About AT Communications Group plc
Following the disposal of Rocom ltd, ATC now consists of three divisions:
ATC Solutions:
A leading business systems integrator, ATC Solutions is accredited at the
highest level with leading ICT manufacturers and continues to craft
best-of-breed solutions, supported by in-house service capabilities, to SME and
corporate customers directly. ATC Solutions' customer base now totals over
10,000 and includes the majority of the Times 500 companies.
www.atc.co.uk
Servassure:
Servassure is a fully independent third party service provider to channel
partners in the UK ICT market. Servassure targets and supplies large channel
partners, including network operators such as BT and Colt and systems
integrators such as Siemens who require a more customised level of service and
support than a traditional, smaller channel.
www.servassure.co.uk
Your Network Services (Previously Rocom Network Services)
Your Network Services is a leading provider of voice and data connectivity for
channel partners. Through the divisions's industry leading portal
(yourbrilliantportal.co.uk) channel partners are able to seamlessly connect,
bill and manage their customers' networks. YNS's scale, in addition to its
supplier agreements enables it to deliver competitive and innovative products to
channel partners of all sizes.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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