Directorate Change
June 02 2010 - 5:33AM
UK Regulatory
TIDMRPL
RNS Number : 9297M
Renewable Power and Light Plc
02 June 2010
Renewable Power & Light plc ('the Company')
Board Changes
2 June 2010
Further to the announcement made by the Company 13 May 2010 the board confirms
that Timothy Hunstad resigned on 1 June 2010 as a director of the Company.
The announcement of 13 May 2010 referred to a contractual payment to be paid to
Mr Hunstad on 2 June 2010. The Company has advised Mr Hunstad that it considers
that at least part of this payment may have been made in breach of section 215
of the Companies Act 2010 and has served a notice on him requesting that he
provide an undertaking to the Company to hold any sums received under the
Contractual Payment on trust for the Company until the full facts surrounding
the payment can be reviewed.
** ENDS **
For further information visit www.rplplc.com or contact:
+-----------+-----------+-------------+
| Duncan | Renewable | Tel: |
| Soukup, | Power & | +33 |
| Executive | Light plc | (0) 6 |
| Chairman | | 78 63 26 89 |
+-----------+-----------+-------------+
| Liam | Cairn | Tel: |
| Murray, | Financial | +44 |
| Nominated | Advisers | (0) 20 |
| Adviser | LLP | 7148 7903 |
+-----------+-----------+-------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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