Ekay plc, (AIM: EKY.L), a leading regional advertising and marketing agency, is pleased to announce the appointment on 1 July 2008 of Stephen Latter ("Steve") to the Board of Directors as Group Financial Director.
Steve (aged 51) has worked for twenty years in the international media sector, primarily within the Aegis Group, occupying both domestic and central Chief Financial Officer roles within Asia and Europe focussing on mergers and acquisitions, regional development, regional management and international client servicing.
The Company further announces that Michael Lording, Financial Director has, with immediate effect, resigned from the Board and will leave the Company on 31st July. The Company wishes him well for the future.
Michael Richards, Chief Executive Officer, commented:
"I am delighted to welcome Steve to the Company. He brings a wealth of practical experience and will undoubtedly be a great asset to the Board of Ekay as we continue to grow the business and seek to create value for shareholders. His appointment will ensure that we continue to take advantage of the many opportunities that we see ahead and the Board feels sure that his contribution will prove invaluable."
Director Shareholding:
Steve currently holds no ordinary shares in the Company but following his appointment he has been granted 1,000,000 Options in the Company at an exercise price of 6p per Ordinary Share and which will vest on 1 July 2010.
Stephen Latter holds or has held the following directorships within the past 5 years:
Current Directorships:
None
Previous Directorships by country
UK:
Vizeum Limited - now Vizeum Global Management Limited
Aegis Media Global Brand Management Limited
Carat Global Management Limited
Carat Media Services Asia Pacific Limited
MJP Media Services Limited
Australia:
Carat Aust. Pty Ltd
Carat Australia Media Services Pty Ltd
Carat Media Pty Ltd
Carat Melbourne Pty Ltd
Singapore:
Carat Media Services Singapore PTE Ltd
Malaysia:
Media Base Advertising SDN BHD
Thailand:
Carat Media Services (Thailand) Co Ltd
India:
Carat Media Services India Pvt. Ltd
Carat Integra Pvt Ltd
Taiwan:
Carat United Media Services (Taiwan) Limited
New Zealand:
Carat New Zealand Limited
Indonesia:
PT Carat Indonesia
There are no other disclosures pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies.
