SPSM Stallion Resour

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RNS Number : 0548V

Sports Stars Media plc

09 December 2013

9 December 2013

Sports Stars Media plc

("Sports Stars" or the "Company")

Directorate Change

Sports Stars Media plc ("Sports Stars"), the Portuguese based sports animation and media company, announces that Lyndon Chapman and Miguel Mascarenhas have joined the board with immediate effect as Non-Executive Chairman and Non-Executive Director respectively. In addition Carlos Amaro, previously Non-Executive Chairman, will assume the role of Joint Chief Executive Officer alongside Ruben Dias.

Mr Chapman, aged 63, has considerable experience with small cap publically listed companies. During that time he has held a number of senior positions including executive and non-executive roles. Most recently he spent 9 years up to 2012 with VSA Capital plc where at different times he held the role of CEO, Chairman and Non-Executive Chairman. Latterly he has focused on the corporate finance aspects of IPO's, fund raisings and acquisitions.

Mr Mascarenhas, aged 54, has over thirty years of business experience across a number of different sectors having been involved in retail, real estate and construction companies, as well as founding a number of businesses such as MVVD, a promotional gifting group.

Commenting on the appointments Ruben Dias, joint CEO of Sports Stars, said "I am delighted with the addition of Lyndon Chapman and Miguel Mascarenhas to our board. Their vast business experience will greatly enhance the Group's strategic vision and awareness in the market. Jointly sharing the CEO role with Carlos Amaro, will enable the Company to develop its business opportunities quicker and more effectively"

For further information:

 
 Sports Stars Media plc 
 Ruben Dias (Chief Executive Officer)      Tel: +1604 902 
                                            2214 
 Sanlam Securities UK Limited (Nominated 
  Adviser and Broker) 
 Lindsay Mair / Katie Shelton              Tel: +44 (0) 207 
                                            628 2200 
 Newgate Threadneedle (Financial PR) 
 Josh Royston / Heather Armstrong          Tel: +44 (0) 207 
                                            653 9850 
 

The following information is required to be disclosed in accordance with Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies.

Mr Lyndon Douglas Chapman, aged 63:

 
 Current directorships                Past directorships held in 
                                       the past 5 years 
 Griffin Corporate Finance (Lisbon)   VSA Capital plc 
  Ltd 
 Colin Chapman Sports Cars and        Panda Security UK Ltd 
  Classics Ltd 
 
 

Mr Miguel Maria Pinto Mascarenhas Cardoso Oliveira, aged 54:

 
 Current directorships                   Past directorships held in 
                                          the past 5 years 
 Pinto Mascarenhas II - Sociedade        Central M - Management, Lda 
  de Investimentos, Lda 
 Pinto Mascarenhas - Imobiliária, 
  Lda 
 Pinto Mascarenhas - Produtos 
  Alimentares, Lda 
 

Mr Mascarenhas is beneficially interested in 51,422,500 ordinary shares of Sports Stars Media plc, representing 11.92% of the issued share capital.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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