Springfield Properties PLC

Board/Management Information • Dec 17, 2013

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RNS Number : 7792V

C.A.Sperati (The Special Agency)PLC

17 December 2013

17 December 2013

C. A. Sperati (The Special Agency) PLC

("CAS" or the "Company")

Director Appointment and other Board Changes

CAS is pleased to announce the appointment of Nilesh Jagatia to the board of the Company, as Finance Director, with immediate effect.

Nilesh currently serves as Finance Director of AIM quoted Inspirit Energy Holdings plc and Clear Leisure plc and was Finance Director of Media Corporation plc for a period of 5 years until July 2012. Nilesh has over 20 years' experience including senior financial roles in divisions of both Universal Music Group and Sanctuary Group Plc. He served as a Finance Director for an independent record label that expanded into the US. Nilesh is a qualified accountant and holds a degree in finance from the University of North London.

Nilesh Jagatia, FCCA (aged 46), has held the following directorships over the past five years:

Current	Previous
Clear Leisure plc*	Media Corporation plc*
NKJ Associates Ltd Ascend Capital plc	Flight Comparison Limited Result Online Limited
Inspirit Energy Holdings plc* Online Flightcomparison Ltd Limitless Ventures Plc

*publically quoted companies

Nilesh Jagatia does not currently hold any shares in the issued share capital of CAS.

Richard Woodbridge stepped down from the position of Finance Director on 12 December 2013 to pursue other interests.  The Board would like to thank Richard for the contribution which he has made to CAS and wish him well in his future endeavours. 

In preparation for the Company's move to trading on AIM, a market operated by the London Stock Exchange plc, Jason Drummond, who is currently the Non-Executive Chairman, will become the Executive Chairman of the Company and Oliver Fattal, who is currently the Chief Executive Officer, will become a Non-Executive Director of the Company. These board changes are effective as of 17 December 2013.

Jason Drummond, commented; "We are delighted to welcome Nilesh to the Board as we concentrate on bringing the Company to AIM and we would like to thank Richard for the contribution which he has made to the Company."

There are no disclosures to be made under paragraph 9.6.13R of the listing rules.

Contacts:

Jason Drummond, CAS - 020 8858 7069

Roland Cornish / Emily Staples, Beaumont Cornish Limited - 0207 628 3396

This information is provided by RNS

The company news service from the London Stock Exchange

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