Ecovista Plc

September 30, 2014 04:41 ET

Appointment of Director



Ecovista  PLC  ("Ecovista" or the "Company") announces the appointment of Kenneth ("Ken")  Jones  as  chief
executive officer as of 30 September 2014.

Ken  has been practicing as an Architect as Partner or Sole Practitioner since 1977 and for the latter half
of  that  period  has  also  been  involved in property development as a Director  or  Project  Manager  of
development companies.

Ken  was  Architect and Project Manager for a number of projects started in Manchester in the late  1980's,
converting several historic 19th C cotton mills and warehouses to 750 apartments and other mixed uses  with
a  total value of GBP75m. These projects were instrumental in kick starting the redevelopment of the  inner
city  area  that  has  transformed Manchester. In the same period, he designed  and  provided  key  project
management support for a 1,000 bedspace student accommodation project. The scheme was 400,000sq.ft. mix  of
new  build  and mill conversion with a budget of GBP22m, completed in 13 months and GBP3m under budget.  He
also obtained GBP3.6m of government grant support for the scheme.

Ken  subsequently  developed Cavendish Mill in Ashton-under-Lyne, converting the  mill  to  174  flats  for
Sanctuary  Housing Association using BES funding. This led to the formation of a development  company  that
developed a number of mill conversion projects, including Victoria Mill in Miles Platting, 250,000sq.ft. of
mixed  use space with a GBP10.5m budget and for which he obtained a grant of GBP3.5m, completed on schedule
and GBP1m under budget.

Ken  has also been involved in developing affordable housing schemes in the Baltic States, where he  was  a
partner  in  a  development  company  that bought seven sites with planning  for  2,400  homes.  The  first
development was about to kick off in 2007 when the credit crunch hit.

Ken  has  since  specialised in small scale housing schemes in the UK, both new build and  conversions  and
providing  consultancy  services on larger schemes involving listed buildings. He  is  currently  providing
development  consultancy  services  for  several  overseas  housing  developments  including  First  Nation
communities  in  Canada, 2,500 bedspace worker accommodation in North Dakota and a  retirement  village  in

Kenneth Jones has held the following directorships during the past five years:

Director     Current directorships:           Previous directorships:

Kenneth      Heat 42 (North West)Limited      Sites & Projects Limited
Jones                                         Reeach Limited
                                              Heating Projects Limited

In  February  1997  Mr Jones entered into an Individual Voluntary Arrangement. Mr Jones  defaulted  on  the
payments  required  under  the  Individual Voluntary Arrangement and was ultimately  declared  bankrupt  in
November 2002, with GBP 28,000 owing to creditors.

There are no other matters which are required to be announced pursuant to Paragraph 21 of Appendix 1 of the
ISDX Growth Market "Rules for Issuers".

The Directors of the Issuer accept responsibility for this announcement.


Luca Tenuta
Ecovista Plc
Tel: 07900 242 769

Nick Michaels
Alfred Henry Corporate Finance Limited
Tel: +44 (0)20 7251 3762

30 September 2014

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