Directorate Change

RNS Number : 9212J

Begbies Traynor Group PLC

07 July 2011

 



Begbies Traynor Group plc

("the Group")

Directorate Change

Begbies Traynor Group plc, the specialist professional services consultancy, announces the appointment of Mark Fry to the board as Head of Insolvency and Restructuring with immediate effect.

Mark, 43, a qualified insolvency practitioner, joined the Group in August 2005 as a Partner in its Insolvency and Restructuring division when the Group acquired his Southend based insolvency practice.  Since this time Mark has progressed to become both the Managing Partner of the Group's London office and the Group's Regional Managing Partner for London and the South East region. High profile cases on which Mark has recently worked include the financial restructuring of Hull City Football Club, providing advice to a listed plc in relation to the restructuring of its property portfolio, the financial restructuring and sale of Georgina Goodman (a high-end shoe retailer), as well as acting in an advisory capacity for 45 of the landlords of the care homes provider, Southern Cross.  

Mark's appointment is intended to ensure that the Group is able to take full advantage of the opportunities to develop its core business across the UK and into overseas insolvency and restructuring markets.

Commenting on Mark's appointment, Ric Traynor said:

"I am delighted that Mark has agreed to take on this new role and I look forward to his contribution as we focus on growing our core business.

"His appointment follows the Group's recent decision to focus on its core skills relating to insolvency and pre-insolvency, restructuring and corporate finance, together with developing its complementary global risk partners business."

The information required by Rule 17 Schedule 2 (g) of the AIM Rules regarding Mr Fry is as follows: (i) Mark Robert Fry, aged 43; (ii) Partnerships and directorships within the past 5 years: (Current) Begbies Traynor (Central) LLP, Messrs Taylor Fry (Partnership) 1991, William Nelson Limited, Taylor Fry Investments Limited, Taylor Gotham Fry Limited, Ski Chalet Morzine Limited, Archive Facilities Limited, Archive Facilities (Southend) Limited, Redwing Limited, Insolvency Practitioner Association; (Non-current directorships) TGF (Corporate Finance) Limited (Dissolved); (Non-current partnerships) Begbies Traynor (South) LLP, Messrs Taylor Gotham Fry; and (iii) - (viii) Nothing to disclose.

Enquiries please contact:

Begbies Traynor Group PLC                                        0161 837 1700

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

Collins Stewart Europe Limited                                   020 7523 8350

(Nominated Adviser and Joint Broker)

Mark Dickenson / Bruce Garrow

Shore Capital                                                              020 7408 4090

(Joint Broker)

Andrew Raca  

MHP Communications                                                 020 3128 8100

Reg Hoare / Katie Hunt

Information on Begbies Traynor Group can be accessed via the Group's website at www.begbies-traynorgroup.com

 

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