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Alpha Returns Group plc (ARGP)

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Friday 18 October, 2013

Alpha Returns Group plc

Alpha Returns Group plc : Directorate change

Alpha Returns Group plc : Directorate change

Alpha Returns Group PLC
("Alpha Returns" or the "Company")
18 October 2013

Board Changes

Alpha Returns, the AIM traded investing company focusing on investments in high-growth Asian economies, announces the resignation of chairman Angus Forrest who has been a director of the Company since 2004, latterly as non-executive chairman.  He successfully oversaw the transition of the Company from a trading entity to an investing company and through the recent Company Voluntary Arrangement.  He is leaving to concentrate on a new executive role.  The Board would like to thank him for his contribution over many years. He is replaced by existing executive director Chan Cheong Yee ("Quattro") as Interim Chairman.

The Company is also pleased to announce the appointment of Anthony Charles Drury ("Tony"), aged 66, as an additional non-executive director.  Tony is a Fellow of the Chartered Institute of Bankers (FCIB) and a Member of the Chartered Institute for Securities and Investment (MISI).  He founded St. Helen's Capital Plc in 1998 building it into one of the then leading PLUS market corporate advisory firms and brings with him a wealth of corporate finance experience.

Tony holds no shares in the Company and is now or has been within the last 5 years a director of the following companies:

Present:
Axiom Capital Limited, City Fact Limited, City Fiction Limited, Globe Capital Limited, Megan's Game Production Limited, The Plus Fund Limited.
Previous:
Acre Equity Investments Plc (formerly St Helen's Finance Limited), Clean Technology Limited, DTT Plc, Innovative Software Direct Plc, London Asia Capital Plc, Sansui Holding Limited, SDF Productions Limited, Sunity Plc, Sunrise Biotech Holdings Limited, Sunrise New Energy Group Limited, The Book Booster Limited.

He was a director of DTT plc when it was placed into creditors' voluntary liquidation in 2008.

There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.

For further information:

Alpha Returns Group plc
Christopher Neo, Executive Director        020 3286 6788

ZAI Corporate Finance Limited (Nomad)        020 7060 2220
Peter Trevelyan Clark / Wei Wang

Peterhouse Corporate Finance (Broker)        020 7469 0935
Jon Levinson




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information contained therein.

Source: Alpha Returns Group plc via Thomson Reuters ONE

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