Directorate Change

Westside Acquisitions plc, the AIM listed investment vehicle, is pleased to announce that David Hillel, aged 71, has been appointed as Finance Director and Company Secretary from 31 December 2006. On that date, David Meddings will stand down as Finance Director and Company Secretary to concentrate on his other business interests.

Commenting on the changes to the board, Richard Owen, Chairman of Westside, said 'we are delighted to welcome David Hillel to the board as he brings a wealth of experience which will be invaluable in developing Westside and its underlying investment portfolio. David continues as a director of our subsidiary Reverse Take-Over Investments and has served on the board of a number of the companies in our investment portfolio at the time of their original formation.

After 7 years as Finance Director, David Meddings is to focus on his other business interests and we wish him every success in his new ventures.'

Details of Mr Hillel's present and past directorships and or partnerships are detailed below:

Present Past
Auerbach Hope, Chartered Accountants A&H Insurance Limited
Reverse Take-Over Investments plc ADDleisure PLC
Astek Group plc
Cheerful Scout plc
Dyrham Park Country Club Limited
Messaging International plc
York Pharma PLC

A&H Insurance Limited was placed in members voluntary liquidation which was subsequently converted to a creditors voluntary liquidation in September 2003. A &H Insurance Limited was dissolved in June 2006.

D & M Securities Limited, a company which David Hillel was associated with, was the subject of a winding up order in October 2003 and subsequently joint liquidators were appointed on 5 January 2004. This matter is the subject on ongoing litigation.

Mr Hillel holds 690,909 ordinary shares in the Company (which includes 100,000 ordinary shares held in a family SIPP).

No further information falls to be disclosed under Schedule 2 paragraph (g) of the AIM rules.

 

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Enquiries:    
Richard Owen, Chairman, Westside Acquisitions plc Tel 020 7935 0811
Isabel Crossley, St Brides Media & Finance Ltd Tel 020 7242 4477
Mark Percy/Liam O'Donoghue, Seymour Pierce Limited Tel 020 7107 8000

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