30 March 2007
Cashbox PLC (AIM: CBOX), the AIM listed independent Automated Teller Machine (“ATM”) deployer and operator, is pleased to announce that it has strengthened its Board of Directors with the appointment of William Hughes CBE as a Non Executive Director.
William is currently the Chairman of Fairfax I.S. PLC, an investment bank and Member of the London Stock Exchange.
William was the Chairman of Grampian Holdings PLC from 1985 to 1998 having previously been Chief Executive from 1976. Grampian Holdings PLC was an industrial holding company with both UK and International interests employing over 5,000 staff.
He was Non Executive Chairman of Aberforth Smaller Companies Trust PLC for 15 years. Joining upon inception in 1990 with £13m under management, the Company had a market capitalisation of just over £500m at the time of his retirement in 2005.
William is a Trustee of the Prince’s Trust UK, and a Trustee of The King George Jubilee Trust. He is also the Chairman of the Prince’s Trust ( Scotland).
In addition, he has been a Director of the Foundation for Accountancy and Financial Management representing the Scottish Institute of Chartered Accountants and served as the Chairman of the CBI ( Scotland).
William Young Hughes, aged 66, is currently a director of Fairfax I.S. PLC, The Prince's Scottish Youth Business Trust Limited and Strathcarron Hospice, and within the last five years was a director of Aberforth Smaller Companies Trust Plc, Develica Management Limited and Savoy Asset Management Plc.
For further information:
| Cashbox PLC Anthony Sharp, Executive Chairman |
+44 (0) 1256 441000 |
| Threadneedle Communications Josh Royston/Graham Herring |
020 7936 9606 |
Seymour Pierce Ltd |
020 7107 8000 |
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