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(RNS)
2009-10-13 07:00
Kiotech Intl plc - Directorate change |
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13 October 2009
The Board of Kiotech is pleased to announce the appointment of David Michael Alexander Bullen, aged 36, as Chief Operating Officer of Kiotech with immediate effect. David has been employed by Kiotech since July 2007 as General Manager of Kiotechagil, responsible for the day to day commercial management of the agricultural business and instrumental in setting up Kiotech's wholly owned subsidiary in China. Previously, David worked for the Animal Health division of Novartis where he was Head of Sales and Marketing for the Benelux region. David will play a key role in the integration process following the acquisition of Optivite. Richard Rose, Chairman, commented `I am delighted to welcome David to the Board, and am confident he will make a significant contribution in helping the team build a successful business in the animal feed additive and nutrition sector.' Under the Group's enterprise incentive scheme and unapproved share scheme Mr Bullen has the right to acquire Ordinary shares as follows: 500,000 at 3.5p 750,000 at 1.38p 6,000,000 at 3.0p There are no further matters to be disclosed under paragraph (g) of schedule 2 of the AIM Rules for Companies.
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