Directors' Profiles

Richard Godfrey Battersby (Non-executive Chairman)

Richard has for the last 35 years worked in and around the venture capital industry. Having qualified as a chartered accountant he initially worked for The Royal Bank of Scotland and then joined the development capital subsidiary of the firm. Subsequently, he became part of a management buyout team for a Sheffield based motor distribution group selling buses, coaches, trucks, vans and cars. That company came to the stock market through a reverse take over of a coach manufacturing business. It made several successful acquisitions and after ten years Richard moved to develop his own small venture capital business, mainly using his own capital. He became a director of several listed and unlisted companies in the process. In 1996 Richard moved to Guernsey where he became a director and shareholder in several local businesses as well as retaining interests in the UK and elsewhere in Europe. Richard is a director of Rensburg AIM VCT plc.

James Montford Victor Butterfield (Non-executive Director)

James joined 3i plc in 1969 and, over a ten year period, became an Area Manager and Local Director, in which role he oversaw and managed a portfolio of more than 200 unquoted investments. Since leaving 3i plc, he has, for over 30 years, specialised in advising small to medium sized companies on a range of matters including stock market listings, mergers and acquisitions, fund raising and corporate recovery work. Until October 2009, James was a director of Essentially Group Ltd, an AIM quoted sports marketing and management business, in which he was actively involved in the creation and early development of what is now one of the world's largest Rugby Union and Cricket player management businesses. James resigned as a result of a successful takeover of the business by Chime Communications Plc. James is also a director of AIM quoted Wren Extra Care Group Plc, which specialises in the provision of retirement housing schemes.

Michael Alexander Borrelli (Non-executive Director)

Alex initially studied medicine and then qualified as a chartered accountant with Deloitte, Haskins & Sells, London in 1982. He has subsequently been active within the investment banking sector and has acted on a wide variety of corporate transactions in a senior role for over 20 years, including flotations, takeovers, mergers and acquisitions for private and quoted companies on the Official List, AIM and PLUS. Alex was, until recently, chairman of Ablon Group Limited (formerly listed on the Main Market of the London Stock Exchange and the subject of a successful cash offer in 2013). He is a non-executive director of a number of listed and unquoted companies.