West 175 Media Group Inc
15 December 2000
WEST 175 MEDIA GROUP INC:
West 175 Media Group Inc ('West 175'), the media group listed on AIM,
announces that Charles Sebag-Montefiore has been appointed to the Board as a
non-executive Director, with immediate effect.
Age 51, Mr. Sebag-Montefiore, MA, FCA, FSA, is a qualified accountant with 24
years of corporate finance experience in stockbroking and investment banking.
His principal activity is at IDJ Limited, a London-based independent corporate
finance house established in 1972. He joined in March 1999. He is also a
non-executive Director of Govett European Enhanced Investment Trust PLC, an £
80m split capital investment trust, since its flotation in July 1999 and is
Deputy Chairman of publisher Harvill Press Limited since 1995 after arranging
an MBO from Harper Collins. Since 1994, he has also been a member of the
advisory board of two unit trusts within the HSBC Fund Management Group.
Mr. Sebag-Montefiore began his career in the City in 1971 at Touche Ross,
qualifying three years later there as a Chartered Accountant.
In 1976, he entered stockbroking at Joseph Sebag & Co, which later became
Carr, Sebag & Co and for 12 years was at Grieveson Grant and Kleinwort Benson
Since leaving stockbroking in 1994, he was a non-executive director of
Euclidian plc until 1999, when that Company went private. He was also a
director of Elderstreet Corporate Finance Limited during part of that period
in corporate finance, but resigned when it re-directed itself to become a pure
venture capital house, investing its new managed funds.
At IDJ, Mr. Sebag-Montefiore provides independent corporate finance and
advisory services to UK, continental European and US listed and unlisted
client companies on mergers, acquisitions, disposals, fund raising, and
takeovers of public companies (offeror and offeree side). IDJ also acts for
vendors of owner managed companies. (It was established by John Incledon, a
founding director of the venture capital affiliate of NM Rothschild & Sons).
Commenting on the appointment, Rohan Courtney, Chairman of West 175, said:
'Charles has been known to the Board for several years and has given us advice
from time to time. He has an extensive background in corporate finance and a
strong international perspective, both of which will benefit the company. We
are delighted he is joining our Board.'
Mr. Sebag-Montefiore joins two other non-executive Directors: Sir David
Frost, OBE in the UK and Douglas M. Neistat based in the US. There are four
executive directors: Rohan Courtney, Group Chairman; John McEwen, Group Chief
Executive Officer; Paul Burton, Group Finance Director; and Jeffrey Green,
Executive Director, New Zealand operations.
Mr. Sebag-Montefiore is interested in 307,115 West 175 shares (0.78% of West
175 shares in issue), of which he is beneficially interested in 163,564, and
has options over a further 32,870 West 175 shares.
West 175 Media Group Inc Binns & Co PR Ltd
Rohan Courtney, Chairman Peter Binns
Tel: 020 8398 7175 or 01584 856608
Mob: 07879 498 544 Tel: 020 7786 9600
West 175 Media Group Inc.
West 175 Media Group Inc. is a worldwide media company specialising in all
aspects of broadcasting, programme production, merchandising, publishing and
live events. Its activities are concentrated in the United States, UK and New
Zealand and it employs some 230 people worldwide.
The Company's activities extend from the production of corporate and public
live events, television and consumer programme production and broadcasting to
product fulfillment, merchandising, publishing, e-commerce and Internet
CHARLES ADAM LAURIE SEBAG-MONTEFIORE'S DIRECTORSHIPS
Part 1 - Current Directorships
Company Number Company Name Appointed
1052827 IDJ Limited June 1999
2984094 The Harvill Press Limited 1995
3789931 Govett European Enhanced Investment Trust PLC July 1999
Part 2 - Other Directorships During the Last Five Years
Company Number Company Name Appointed Resigned
3057805 Elderstreet Corporate Finance Ltd 1997 1999
2981015 Euclidian plc 1994 1999
Save as disclosed above there are no further disclosures to be made in
accordance with rule 16.8(e) of the AIM rules.