Plethora Solutions announces Jamie Gibson to its Board of Directors as upcoming CEO

– UK – Plethora Solutions Holdings plc (AIM: PLE) is pleased to announce the appointment of Jamie Gibson, who will join the Board as CEO with effect from 1 January 2014. Mr. Gibson is tasked primarily with driving the Company’s commercialisation of PSD502 in Europe, the United States (subject to regulatory approval) and other selected territories. In addition, Mr. Gibson will lead the Company’s initiatives on its manufacturing strategy and the extension of the Company’s intellectual property platform.

Mr. Gibson has spent most of his professional career working with Jim Mellon for over 17 years at Regent Pacific Group Limited (“Regent Pacific”) specialising in corporate finance and direct equity investments. Mr Mellon co-founded Regent Pacific and is Co-Chairman. Mr. Gibson has led many successful investments and divestures with values in excess of US$500 million, including significant fund raisings over his career with Regent Pacific. Regent Pacific is a diversified mining group focused, primarily, on the Asian Pacific region.

Prior to joining Regent Pacific Group, Mr. Gibson worked at Clifford Chance, Coopers & Lybrand and KPMG. Mr. Gibson has a law degree from Edinburgh University.

Jim Mellon Chairman of Plethora said: “We welcome Jamie whom I have worked with at Regent Pacific for over 17 years; we wish him every success in his new role. We are extremely pleased to have such an experienced team lead our business development activities, which is part of the Company’s disciplined approach to increasing shareholder value through the successful commercialisation of PSD502.”