BIP Biofutures

TIDMBIP

RNS Number : 1593Z

Biofutures International plc

10 January 2011

10 January 2011

Biofutures International plc

("Biofutures" or "the Company")

Board Appointment

The Board of Biofutures International plc (AIM: BIP.L), a UK investment company which invests in the energy and utility sectors and their related infrastructures in Europe, Asia and the Middle East, is pleased to announce the appointment of Clive Robert Purdy as Finance Director of the Company, with immediate effect. Mr Purdy was appointed Company Secretary of Biofutures in June 2010.

Clive (51) studied at the University of Kent where he was awarded a Bachelor of Arts degree in Accounting in 1980. He trained at Peat Marwick Mitchell (now KPMG) where he qualified as a Chartered Accountant in 1983. In 1984 Clive then joined Rowland Hall & Co where he was a junior partner for 7 years, before joining Mudd & Co as a senior partner in 1991. In 1996 Clive qualified as a Licensed Insolvency Practitioner which he later utilised in his role as an Insolvency Director in 2000 at Morrison Stoneham (subsequently taken over by Tenon Group Plc). He is currently a director and a fifty per cent. shareholder of DeVines Accountants Limited, previously known as West-Webbe & Co.

Commenting on Clive's appointment, David Yeoh, the Executive Chairman said:

"We are delighted to welcome Clive to the Board where his skills and experience will assist the Company to further develop its strategy and streamline its operations".

For further information, please contact:

 
 Biofutures International    Tel: + 6012 315 0626 
  plc 
 Joe Wong, Chief Executive 
  Officer 
 www.biofuturesplc.com 
 
 Daniel Stewart & Company    Tel: + 44 (0) 20 7776 
  plc                         6550 
 Oliver Rigby/Antony 
  Legge (Nomad) 
  Colin Rowbury (Broker) 
 www.danielstewart.co.uk 
 

Additional Disclosures

Clive holds, or has held, the following directorships and partnerships within the past five years:

Current directorships / partnerships:

DeVines Accountants Limited

Orsett Masonic Hall Limited

Atherton Bailey LLP

Past directorships / partnerships:

West-Webbe Limited

Save for the information disclosed above there is no other information to be disclosed under schedule two, paragraph (g) of the AIM Rules.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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