Board Changes

[Guest RIFC PLC RNS]

Market News alert Rangers Int. Football Club PLC

 

Read the London Stock Exchange announcement...

[Zappa 0]

RNS Number : 4112N

Rangers Int. Football Club PLC

25 July 2014

 

Rangers International Football Club plc

("Rangers" the "Club" or the "Company")

 

Board Changes

 

 

Philip Nash has been appointed to the Board of Rangers ("Board") with immediate effect. Mr Nash has acted as Consultant to the Club since January 2014, initially to assist the Board with undertaking the Business Review announced on 25 April 2014 and subsequently on financial and operational matters.

 

His role has expanded such that the Board believes that it is appropriate for Mr Nash to serve as a Director of the Company. It is not currently envisaged that he will remain with the Company on a permanent basis.

 

Mr Nash, aged 42, was a senior executive at Arsenal FC from 2001 to 2008 and then joined Liverpool FC as Chief Financial Officer, serving as a board director for three of his five years at the club. At Arsenal he delivered the financial strategy surrounding the club's relocation from Highbury to the Emirates Stadium and during his tenure at Anfield he played a leading role in both safeguarding the financial stability of the football club and its subsequent growth.

 

He began his career in accountancy at Kidsons Impey in 1993 before joining merchant banker Hambros four years later.

 

 

Further information concerning Mr Nash

 

Philip Tudor Nash's directorships (current and within the previous 5 years) are as follows :

 

Current

 

Lingur Consulting Limited

Rangers Retail Limited

Garrion Security Limited

The Rangers Football club Limited (formerly known as Sevco Scotland Limited)

 

Past

 

Stanley Park Company Limited

The Liverpool Football Club and Athletic Grounds Limited

Anfield Arena Limited

Liverpool FC.TV Limited

L.F.C. Leisure Limited

L.F.C Limited

L.F.C Properties Limited

L.F.C. Services Limited

L.F.C. Television limited

L.F.C TV Limited

L.F.C Financial Services Limited

L.F.C Travel Limited

Liverpool Football Club Limited

Liverpool Limited

Liverpool Ladies Football Club Limited

Liverpool F.C. Limited

Liverpool F.C. Foundation Trading Company Limited

KOP Football Limited (Previously known as Alnery No. 2655 Limited)

KOP Football (Holdings) Limited (formerly known as Alnery No. 2656 Limited)

The Liverpool Football Club and Athletic Grounds Limited (formerly known as Liverpool Football Club and Athletic Grounds)

 

Mr Nash is currently beneficially interested in 0.27 per cent of the issued share capital of the Company.

 

There is no further information required relating to Philip Nash to be disclosed under paragraph (g) of Schedule 2 of the Aim Rules.

 

For further information please contact:

 

Rangers International Football Club plc

Graham Wallace ..... Tel: 0141 580 8647

 

Daniel Stewart & Company plc ..... Tel: 020 7776 6550

Paul Shackleton / David Coffman

 

Newgate Threadneedle ..... Tel: 020 7148 6143

Graham Herring / Roddy Watt / John Coles

 

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12030650

[Stimpy 0]

No mention of remuneration. Is our intrepid FS on the case?

[chilledbear 16]

No doubt he wasn't making enough money as a consultant.

[Ser Barristan Selmy 222]

Certainly the most inconsequential news I have heard all day.

[Zappa 0]

The fact that he's been working as a consultant for almost 7 months and then they appoint him as a director, but they also say "It is not currently envisaged that he will remain with the Company on a permanent basis" might suggest there's a significant reason for the timing of this.

[the gunslinger 3,366]

Hopefully he can be allowed to do his job properly

[chilledbear 16]

The fact that he's been working as a consultant for almost 7 months and then they appoint him as a director, but they also say "It is not currently envisaged that he will remain with the Company on a permanent basis" might suggest there's a significant reason for the timing of this.

 

What are you thinking ?

[BrahimHemdani 1]

This is a very positive, if short term move, on behalf of the Board; his credentials are excellent.

[buster. 5,257]

The fact that he's been working as a consultant for almost 7 months and then they appoint him as a director, but they also say "It is not currently envisaged that he will remain with the Company on a permanent basis" might suggest there's a significant reason for the timing of this.

 

 

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