DJ Clean Invest Africa Plc Board Changes

Published on 17/10/2018 • Category:

 
TIDMCIA 
 
17 October 2018 
 
                            CLEAN INVEST AFRICA PLC 
                           ("CIA" or the "Company") 
 
        Appointment of Non-Executive Director and Director Resignation 
 
Clean Invest Africa Plc (NEX:CIA), is pleased to announce the appointment of 
Paul Ryan as a Non-Executive Director of the Company with immediate effect. 
 
Mr Ryan has 20 years of strategy transactional, commercial and regulatory 
experience including with international blue chip entities, during which he has 
been involved in transactions with a value in excess of US$10 billion. 
 
Mr Ryan has over 20 years' experience including at board level. From 2002 to 
2013, he held a variety of board positions with leading mobile operator 
Vodafone and its operating subsidiaries, including Head of Strategy, Regulatory 
and Political Affairs in Brussels and Director of Strategy and External Affairs 
for Vodafone Ireland and Vodafone Ghana. Prior to this, he worked as a 
management consultant in the European telecoms sector, served as a strategic 
adviser at Ofcom, the UK's communication industry regulator, and was a 
solicitor at leading international City law firm Ashurst. He acts as an 
adviser, primarily on strategy and public policy, to a range of clients 
including FTSE100 and Fortune 500 companies largely in the ICT space. Mr Ryan 
is a qualified solicitor in the UK and graduated from Trinity College, Dublin, 
Ireland. 
 
Paul is currently a non-Executive Director at Remote Monitored Systems Plc, an 
AIM quoted survey, inspection and monitoring company. 
 
Paul Benedict Ryan, aged 51, currently holds or has held the following 
directorships and partnerships in the last five years: 
 
Current Directorships and               Past Directorships and 
Partnerships                            Partnerships over the last 5 
                                        years 
 
Remote Monitored Systems  plc           Subsidiaries of Vodafone group 
                                        plc 
 
Warande1970 bvba                        Vodafone Ireland Pension fund 
 
                                        Vodafone Ireland Foundation 
 
Mr Ryan was a director of Circle Network (Europe) Limited (Ireland) that was 
placed into administrative receivership in 2001. The deficit to unsecured 
creditors amounted to approximately GBP500,000. 
 
Paul is a director of Remote Monitored Systems Plc, formerly known as Strat 
Aero plc and the latter was subject to litigation, which was settled as 
outlined in the public announcement of 29 September 2016. 
 
There is no further information that is required to be disclosed pursuant to 
Paragraph 21, Appendix 1 of the NEX Exchange Growth Market Rules for Issuers. 
 
Noel Lyons, Non-Executive Director of the company, commented: 
 
We are pleased to welcome Paul to the board of CIA as Non-Executive Director. 
Paul brings a wealth of strategy, transactional, regulatory and legal 
experience, and will add value to CIA, especially within its current Investment 
Strategy remit. 
 
The Company also announces that Dr. Andrew Matharu has resigned from the 
Company with immediate effect to pursue his other business interests. The Board 
of CIA wishes to thank Andrew for his valuable input since the IPO and wish him 
every success in his future endeavours. 
 
The Directors of the Company accept responsibility for the content of this 
announcement. 
 
ENQUIRIES: 
 
Company 
Clean Invest Africa PLC 
Sam Preece - Executive Director 
Telephone: 020 3130 0674 
 
Corporate Adviser 
Peterhouse Capital Limited 
Guy Miller 
Telephone: 020 7220 9795 
 
 
 
END 
 
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