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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