The Company announces the resignation of the Chairman, David Mahony, with immediate effect. David is resigning in order to spend time concentrating on his other business ventures. The Board would like to thank him for his contribution to the Company and wish him every success for the future.
Gordon Watt, currently Finance Director, will assume the role of non-executive Chairman, relinquishing day to day control of the finance function to a newly appointed finance controller, Bob Tallantire, formerly a partner in RSM Robson Rhodes.

For further information please contact:

Michael Bushell, PipeHawk, 01420 590990
Fiona Kindness, Grant Thornton, 0870 991 2520