Photonstar LED Group – Directorate Change

28 March 2012

PhotonStar LED Group plc

Board changes

PhotonStar LED Group plc (AIM: PSL, "PhotonStar" or "the Group"), the British designer and manufacturer of smart LED lighting solutions, has announced that Ceri Jones, Group Chief Financial Officer, has indicated his intention to stand down in order to pursue other interests. He expects to leave the Group after completing a handover in due course. The search for a new Finance Director is underway.

Jonathan Freeman has been appointed to Board as a non-executive director. He will be Chairman of the audit committee and be closely involved in the recruitment of the new Finance Director.

Jonathan has worked within the financial services sector since 1994, including previous roles as a director of Beeson Gregory (now a part of Investec (Frankfurt: A0J32R - news) ) and more recently CEO of Syndicate Asset Management (LSE: GB00B0GR9291.L - news) plc (now Ashcourt Rowan plc). He is currently a non-executive director of Futura Medical (LSE: FUM.L - news) plc and is its senior independent director and chairman of the Audit and Remuneration Committees.

Drew Nelson, Chairman of PhotonStar LED Group PLC, commented

"I would like to thank Ceri for his contribution to PhotonStar's development and to wish him every success for his future endeavours. I also welcome Jonathan to the Board, he brings considerable financial expertise at a key time for the Group's development."

Jonathan David Freeman, aged 46, currently holds, and has held (including all appointments during the five years preceding the date of this announcement), the following directorships and partnerships, other than of the Company:

Current Directorships/Partnerships

Originally posted here:
Photonstar LED Group - Directorate Change