Tikit Group plc has announced the retirement of Tony Pearson, Group Finance Director and the appointment of Paul Giuffredi ACA, as Tikit Group Finance Director with effect from 1st July 2006.

Paul Giuffredi, age 40, trained with KPMG and spent four years at Costain Group and a further four years with a division of GE (USA), before gaining valuable experience as Finance Director at a number of other companies. In line with previous announcements, Tony Pearson retires as Group Finance Director. He had been with the business since 1996 and was instrumental in the public listing of Tikit Group in 2001. He will remain contracted to the company for a further 6 months on a consultancy basis of 4 days per month.