February 20, 2009
eg solutions plc (“eg solutions” or “the Company”; LSE-AIM: EGS), the operations management software company, announces a restructuring of the finance function.
Violetta Parylo, currently Finance Director, has resigned from this position and will leave the Company by mutual consent with effect from 20 March 2009 to take up a position in a larger organisation. The Board would like to thank Violetta for her contribution whilst at eg solutions.
Given the current size of eg solutions, it has become apparent to the Board that the role of Finance Director does not warrant a full-time executive position. Accordingly, the Company has decided that the position of Finance Director will become a part-time position supported by the current Financial Controller and accounts staff.
Andy McRae, currently a non-executive Director of the Company and a qualified UK Chartered Accountant, will assume the position of part-time Finance Director until such time as a suitable replacement with public company experience has been appointed.
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CONTACTS
eg solutions plc
Elizabeth Gooch, Chief Executive Officer
Tel +44 (0) 1785 715772
Bankside
Steve Liebmann, Simon Bloomfield or Andy Harris
Tel +44 (0) 207 367 8888
Brewin Dolphin Ltd (Nominated Adviser)
Mark Brady, Director Corporate Finance
Tel +44 (0) 845 213 4748
