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IP Group PLC — Board/Management Information 2014
Jun 30, 2014
4852_rns_2014-06-30_12167d13-0f89-44cd-9a0c-dd768a08bcf9.html
Board/Management Information
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RNS Number : 9702K
IP Group PLC
30 June 2014
| FOR RELEASE ON | # 30 June 2014 |
IP Group plc - Directorate change
IP Group plc (LSE: IPO) ("IP Group" or "the Company" or "the Group"), the developer of intellectual property based businesses, announces that Francis Carpenter has stepped down as a non-executive
director of the Company on 30 June 2014 following completion of his second three-year term.
Mike Humphrey, the Group's Senior Independent Director, will take over the role of Chairman of the Group's Remuneration Committee from Francis.
Alan Aubrey, Chief Executive of IP Group, said: "I would like to extend the Board's thanks to Francis for his commitment and counsel over the last six years and to wish him all the best for the future."
There is no further information to be disclosed under Listing Rule 9.6.11R to 9.6.15G.
For more information, please contact:
| IP Group plc | www.ipgroupplc.com |
| Alan Aubrey, Chief Executive Officer | +44 (0) 20 7444 0050 |
| Liz Vaughan-Adams, Communications | +44 (0) 20 7444 0062 / +44 (0) 7979 853 802 [email protected] |
| FTI Consulting | |
| John Dineen | +44 (0) 20 7831 3113 |
Notes for editors
About IP Group
IP Group is a leading UK intellectual property ("IP") commercialisation company, developing technology innovations primarily from its research intensive partner universities. The Group offers more than traditional venture capital, providing its companies with access to business building expertise, networks, recruitment and business support.
The Company's portfolio comprises holdings in over 90 companies including Oxford Nanopore Technologies, the DNA sequencing development company, Revolymer, best known for its removable chewing gum and Xeros, which has received many accolades for its revolutionary clothes washing techniques with a much reduced requirement for water.
The portfolio includes early stage to mature businesses and has exposure to five main sectors - Energy & Renewables, Healthcare, Biotech, IT & Communications and Chemicals & Materials.
For more information, please visit our website at www.ipgroupplc.com.
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This information is provided by RNS
The company news service from the London Stock Exchange
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