Board Appointment

22 September 2014

Concha PLC ("Concha" or the "Company"), the AIM listed investment company focused on the media, technology, sport and social media sectors, is pleased to announce the appointment of Peter Read FCA as a Non- Executive Director of the Company with immediate effect.

Mr Read began his career with KPMG in 1976, becoming a Partner in 1990 and Head of Transaction Services for the Telecoms, Media, Technology ("TMT") Practice in 1998 and Head of the TMT Practice in 2003.

In 2008, Mr Read was appointed Chairman of KPMG's TMT Practice and Chairman (EMA) of the global Japanese Practice. He held these positions until retiring from KPMG in 2013. Over this six year period he was also the lead Partner for key TMT clients including WPP, IBM, Informa and DMGT and European sub-groups of Japanese clients, including Sony, Sumitomo, Mazda and Hitachi.

Mr Read's current non-executive roles include Quayle Munro Holdings, the Professional Cricketers' Association, The Royal Automobile Club where he is also Chairman of the Audit Committee and The Motor Sports Association.

Commenting on Peter Read's appointment, Concha Chairman Chris Akers said:

"We are delighted to welcome Peter to the Concha team. His wealth of international TMT, sports and financial experience will assist us greatly in Concha's active pursuit of exciting global investment opportunities across our chosen areas".


For further information, please contact:

Concha plc
Chris Akers, Executive Chairman
SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady
+44 (0) 203 368 3550
Buchanan (Financial PR)
Mark Edwards
+44 (0) 207 466 5000


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