Directorate Change

RNS Number : 7300T

LMS Capital PLC

09 December 2011

 



9 December 2011

Directorate Change

LMS Capital plc ("LMS" or "the Company") announces that, given the change in strategy, Glenn Payne has decided that LMS is not where he wants to continue his career, that he is going to seek other opportunities and that there has been an amicable parting of the ways by mutual consent. Glenn's employment will end on 31 December 2011 and he has stepped down from the Board with immediate effect. Nick Friedlos will take the role of General Manager.

ENDS

For further information please contact:

LMS Capital plc                                                                                 020 7935 3555

Robbie Rayne, Chairman

Tony Sweet, Chief Financial Officer

Brunswick Group LLP                                                                      020 7404 5959

Simon Sporborg

Fiona Micallef-Eynaud

About LMS Capital

LMS Capital is an investment company focused on small to medium sized companies in our preferred sectors of consumer, energy and business services.  Following a General Meeting on 30 November 2011, the Company is undertaking a realisation strategy which aims to achieve a balance between an efficient return of cash to Shareholders and optimising the value of the Company's investments.

 

END

 

 

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