Appointment of Non-Executive Chairman (6099N)
06 September 2011 - 8:00AM
UK Regulatory
TIDMCLS
RNS Number : 6099N
Cheerful Scout PLC
06 September 2011
cheerful scout plc / Index: AIM / Epic: CLS / Sector: Media
FINAL
cheerful scout plc ('cheerful' or 'the Company')
New Non-executive Chairman
cheerful scout plc, the AIM-traded multi-media specialist
focussed on delivering innovative corporate communications
solutions, announces the appointment of Mr. Michael Hale as
Non-executive Chairman with immediate effect. Mr. Hale has a 21.05%
interest in cheerful held through The Hale Agency Superannuation
Fund (see announcement dated 20 August 2011). His extensive
marketing and advertising experience with blue-chip companies, both
in the UK and Australia, will be highly beneficial to the Company's
plans for growth and expansion.
Mr. Hale has spent most of his career in the marketing and
advertising sectors. His roles have included Chairman and CEO of
Young and Rubicam Australia, Chairman and CEO of FCB Australia and
Board Director of Saatchi and Saatchi UK. He also established his
own eponymous agency which he built into one of Australia's leading
independent agencies and which he sold before relocating to
London.
Mr. Hale said, "Having reviewed numerous companies in the UK
communications area, I identified cheerful as the stand out
business in its sector for a number of reasons. I believe it has
significant potential for organic growth and expansion into related
areas; it has a strong management team with an enviable record of
delivering highly creative, results driven and award winning
products, on time and on budget; it has a loyal and growing
blue-chip client base; and it benefits from a healthy balance sheet
with no debt and substantial cash in the bank. I am therefore
delighted to be part of the team and a major shareholder."
cheerful CEO, Peter Litten, said "Over the last few years
cheerful has grown into an established company with cutting edge
products and an award winning team. I am looking forward to working
closely with Michael and building on our success as we continue to
deliver innovative and value-added corporate communication
solutions for our clients as well as overall improved bottom line
performance."
Michael Bernard Hale, 66, is or has been a director of the
following companies during the previous five years:
Current Directorships: eBet Ltd
Gailforce Marketing & PR PTY Ltd
MHGD PTY Ltd
MBPH PTY Ltd (formerly The Hale
Agency PTY Ltd)
Old Gatsby PTY Ltd
------------------------------ ----------------------------------
Directorships held within the None
previous five years:
------------------------------ ----------------------------------
Mr. Hale has an interest in 1,650,000 ordinary shares in the
Company representing 21.05% of the issued share capital of the
Company.
There are no other matters, which are required to be announced
with regard to the appointments under paragraph (g) of Schedule 2
of the AIM Rules.
** ENDS **
For further information visit www.cheerfulscout.comor
contact:
Gary Fitzpatrick cheerful scout plc Tel: 020 7291
0444
Mark Percy/Catherine Seymour Pierce Tel: 020 7107
Leftley 8030
Elisabeth Cowell St Brides Media & Finance Tel: 020 7236
Ltd 1177
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCKELBBFKFFBBF
Cheerful Scout (LSE:CLS)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Cheerful Scout (LSE:CLS)
Historical Stock Chart
Von Dez 2023 bis Dez 2024