Board Appointment
05 Septembre 2005 - 9:45AM
UK Regulatory
RNS Number:8129Q
MKM Group PLC
05 September 2005
5 September 2005
MKM GROUP PLC
Board Appointment
The Board of MKM Group plc ("the Company") is pleased to announce the
appointment of David Emanuel Merton Mond as a non-executive director with
immediate effect.
David Mond, aged 59, qualified as a chartered accountant in 1971. Since that
time, he has been in practice as a chartered accountant specialising in
insolvency and turnaround situations. He is a senior partner of Hodgsons
Chartered Accountants. For 10 years, David served on the Council of the
Association of Business Recovery Professionals (formerly SPI), retiring in April
2003. He has been a director of Carrwood plc, an AIM quoted company, since
1989.
David is also a director or partner of the following companies or partnerships:
Briskloom Limited
ClearDebt Limited
Dunham Forest Golf & Country Club Limited
Fads (Trading) Limited
Leveys (Fads) Limited
Leveys Limited
Park Court Management Company (Southport) Limited
Portcullis Securities Limited
Texstyle World (Fads) Limited
Strategic Retail Plc
Hodgsons
Within the last five years, he has been a director or partner of the following
companies or partnerships:
Casebyte Limited
Croftrush Limited
Downtex plc
Pearlteam Limited
RMCB Limited
Strategic Retail plc
David was a director of Casebyte Limited when it was placed into receivership in
October 2001. He was also a director of Downtex plc and RMCB Limited when these
companies were placed into administration in July 2004 and March 2005,
respectively.
On 20 May 2004, Appeal Committee of the Association of Chartered Certified
Accountants (one of David Mond's recognised professional bodies) upheld the
findings of the decision of the Disciplinary Committee which on 14 January 2004
had issued a severe reprimand to David Mond in respect of breaches of technical
and professional standards in relation to a 1996 matter concerning a company of
which David Mond was previously the supervisor. David Mond sought a judicial
review in respect of the decision, the judgement in which was handed down on 28
July 2005 and an order given (inter alia) that the decision of the Disciplinary
and Appeal Committees be quashed and the proceedings be remitted to a
differently constituted Disciplinary Committee..
As at 5 September 2005, Sound Financial plc, a company of which David Mond is a
director and shareholder, held 11,000,000 ordinary shares of 0.5p each in the
capital of the Company, representing approximately 27.0% of its issued ordinary
share capital.
There are no additional disclosures required under Schedule 2(g) of the AIM
Rules.
Mark Koch, commenting on David's appointment, said "We are delighted that David
is joining the Board. His experience will be of great value to the Company."
For further information please contact:
Mark Koch (Chief Executive) 0161 606 0733
David Youngman (W.H. Ireland Limited) 0161 832 2174
This information is provided by RNS
The company news service from the London Stock Exchange
END
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