Director Resignation
22 Juillet 2008 - 6:06PM
UK Regulatory
RNS Number : 6502Z
Playgolf (Holdings) PLC
22 July 2008
Playgolf (Holdings) plc
("Playgolf" or "the Company")
Director Resignation
The Board of Playgolf, the developer and operator of advance public access multi-sport facilities in the UK, announces that it has
reluctantly accepted the resignation of Neil McGuinness, Finance Director, with immediate effect, following a dispute between Kilmartin
Property Group Ltd ("Kilmartin") and the Company's bankers concerning its joint venture with Kilmartin at its East Kilbride development. The
conflicts of interest arising from the dispute have left Neil in an untenable position, which has prompted his resignation.
An announcement will follow in due course regarding Neil's replacement.
For further information:
Mike Mealey
Playgolf (Holdings) plc Tel: 01926 422 320
Paul Shackleton
Daniel Stewart & Company plc Tel: 020 7776 6550
Trevor Phillips
Square1 Consulting Tel: 020 7929 5599
This information is provided by RNS
The company news service from the London Stock Exchange
END
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