Board Changes
20 June 2007
Mobile Credit Baltic plc is pleased to announce the appointment of Philippe Duleyrie to the Board of Directors as a Non Executive Director. Mr. Duleyrie was one of Mobile Credit Baltic's founding investors in May 2006 and brings substantial experience to the Company.
Mr. Duleyrie (aged 50) is the Principal at The Rye Group LLC, a strategic advisory firm in global money transfer, electronic payments and pre-paid cards. Previously his roles have included President of Americas at Polar Electro Inc, SVP Marketing and VP of Worldwide Business Development at MoneyGram and, Director of Business Development at Western Union.
Mr Duleyrie replaces on the Board Dennis Malamatinas who has resigned as Non Executive Director with effect 19 June 2007 in order to concentrate his time on Marfin Investment Group where he was recently appointed Chief Executive Officer.
The following information is given in relation to Mr. Duleyrie as required by paragraph (g) Schedule 2 of the AIM rules for Companies.
Mr. Philippe Duleyrie, age 50, is or has been a director of the following companies during the previous five years.
Current directorships:
Visible Assets Inc.
Mr. Duleyrie has a direct holding of 100,000 shares in Mobile Credit Baltic plc representing 0.71 % of the share capital. Additionally, through his holding in MCB Holding, Mr Duleyrie has an indirect holding of 319,211 shares in Mobile Credit Baltic plc representing 2.27% of the share capital.
No further information to be disclosed under paragraph (g) Schedule 2 of the AIM rules for Companies.
Enquiries
Rami Ryhänen |
+358 50 550 0262 |
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Peter Curtain / James Madsen |
+44 (0) 20 7307 5330 |