Source - RNS
RNS Number : 1459L
Porta Communications PLC
29 September 2016
 

29 September 2016

 

Porta Communications Plc
("Porta" or "the Company")

 

Directorate changes

 

Porta Communications Plc, the AIM quoted international communications and marketing group, is pleased to announce that John Foley has today joined the board as a Non-Executive Director.

The Company announces that Brian Blasdale will be stepping down from the board with effect from 30 November 2016.

Commenting, David Wright, Chief Executive of Porta said:

"We thank Brian for his valued contribution to the Company in his time as a director and wish him well for the future."

"We welcome John to the board. John brings a wealth of board experience having over 27 years of continuous involvement on various public company boards as either Chairman, CEO, CFO or Non-Executive Director."

Further information on John Foley

John is a co-founder and Chairman of AIM quoted niche services provider, Premier Technical Services Group Plc. John is also Chairman of Servoca Plc, the AIM quoted staffing solutions and outsourcing provider. He was previously Chief Executive of MacLellan Group plc ("MacLellan"), a facilities services company, from 1994 until it was acquired by Interserve plc for an enterprise value of £130 million in June 2006. At the time of John's appointment, MacLellan was loss making, with a turnover of circa £5 million and 50 employees. When it was sold to Interserve, MacLellan had a turnover of circa £250 million and a profit before tax of circa £9 million, with 13,500 employees. MacLellan grew through a series of acquisitions and organic growth. John is a Chartered Accountant and barrister.

John holds a beneficial interest in 965,079 ordinary shares of 1 pence each in the capital of Porta, representing 0.3 per cent. of the entire issued share capital.

John Robert Foley, aged 60, is, or has been, a director or partner of the following companies or partnerships during the past five years:

 

Current directorships and partnerships

 

Past directorships and partnerships

Premier Technical Services Group Plc

Twenty20 Media Vision Limited

Servoca Plc

Monex Europe Limited

Penta Consulting Holdings Limited

Hat Pin Plc

Guardian Cradle Maintenance Ltd

 

Ensco 835 Limited

 

PTSG Steeplejacks Limited

 

PTSG Steeplejacking Limited

 

Coomspeck Limited

 

Penta NC1 Limited

 

PTSG Access and Safety Limited

 

Penta Consulting Limited

 

Penta Ultimate Holdings Limited

 

  

On 13 May 2008, Hat Pin Plc, of which John Foley was a director, was placed into administration. Hat Pin Plc was subsequently placed into creditor's voluntary liquidation on 6 May 2009. The liquidation is now complete and Hat Pin Plc was dissolved on 27 February 2015.

On 24 August 2003, John Foley resigned as a director of Elequip Holdings Limited. On 10 October 2003, Elequip Holdings Limited was placed into administrative receivership with an estimated deficit as regards creditors of approximately £3.5 million. The underlying trade and assets of the Elequip Holdings Limited group were sold by the administrative receiver and the company was dissolved on 2 December 2008.

There is no further information required to be disclosed in respect of the above appointment pursuant to Schedule 2 (g) of the AIM Rules for Companies.

- ends -

 

Enquiries

 

Porta Communications Plc

 

 

David Wright, Chief Executive

Gene Golembiewski, Finance Director

 

 

+44 (0) 20 7680 6500

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett

Samantha Harrison

Daniel Bush

+44 (0) 207 383 5100

 

N+1 Singer

(Broker)

 

James Maxwell

Lauren Kettle

 

+44 (0) 20 7496 3000

 

Redleaf PR
(Media Enquiries)

 

 

Charlie Geller

Sam Modlin

 

 

+44 (0) 20 7382 4769

 

Notes to Editors:

 

Porta has two divisions:

 

•       Communications - financial, corporate and consumer public relations, public affairs and research;

•       Marketing & Advertising - multi-capability marketing, brand and creative communications.

 

The Group has offices in Abu Dhabi, Beijing, Brisbane, Bristol, Canberra, Cardiff, Edinburgh, Hong Kong, London, Manchester, Melbourne, Singapore and Sydney.

The brands and companies it owns are: Newgate Communications, PPS Group, Redleaf Communications, Publicasity, 13 Communications, Newgate Sponsorship, 2112 Communications and Summit Marketing Services.

Porta Communications' corporate website is - www.portacomms.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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