14 October 2004
DAVID MCMANUS JOINS CAPE PLC AS A NON-EXECUTIVE DIRECTOR
Cape PLC is pleased to announce the appointment of David McManus as a
non-executive director with effect from 3rd November 2004.
David McManus (51) was, until recently, Executive Vice President with BG Group,
where he was responsible for all matters relating to exploration, petroleum
engineering, project engineering management, information management, procurement
and commercial and operational functions. Prior to this David was responsible
for BG's Eastern Hemisphere with major operations in seven countries.
He was previously President of ARCO Europe until ARCO's merger with BP in 2000.
Prior to ARCO, David gained extensive technical and commercial experience with
LASMO, Ultramar, Shell and Fluor Daniel.
David graduated with a 1st Class Honours Degree in Civil Engineering from
Heriot-Watt University in 1975.
Commenting on his appointment, Martin May, Cape's Chairman said:
'We are delighted that David is joining our board. He has extensive experience
in the energy sector and, in particular, in the Middle and Far East, which will
be of enormous value to Cape as it continues its growth in those regions in line
with its strategy of developing and building on existing relationships with
major industrial clients.'
Cape also announces the resignation of Sean O'Connor who retires as a
non-executive director of Cape, a position he has held since 1996. Martin May
'Sean's contribution to the fundamental progress seen at Cape PLC over the last
eight years has been substantial and has created real and sustainable value for
all of our stakeholders. I along with the rest of the Board wish him well in all
that he does in the future.'
For further information, please contact:
Martin May, Chairman +44 (0) 1924 876 276
Bell Pottinger Corporate & Financial
Nick Lambert +44 (0) 207 861 3232 or +44 (0) 7811 358 764
As required under the AIM Rules, Cape PLC discloses the following additional
information in relation to David McManus.
David McManus holds/has held the following directorships in the past five years:
BG Egypt SA (Cayman )
BG Energy HoldingsLtd
BG Great Britain Ltd
BG International Ltd
BG International (CNS) Ltd
BG Iran Ltd
BG Karachaganak Ltd
BG Gas Marketing Ltd
BG North Sea Holdings Ltd
BG South East Asia Ltd
BG Thailand Ltd
British Gas Trinidad and Tobago Ltd
British Gas Tunisia Limited
First Gas Pipeline Corporation (Phil)
Hydrocarbons Offshore Services Ltd
BG Rosetta Ltd
There are no other matters which are required to be announced in relation to
David McManus pursuant to Rule 15 and Schedule 2 of the AIM Rules.
This information is provided by RNS
The company news service from the London Stock Exchange