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TRANSIT CEASED PUBLICATION IN JUNE 2010

Stanley to step down from Optare board

30 July 2009
Entrepreneur Stanley will remain as the largest shareholder in Optare
Entrepreneur Stanley will remain as the largest shareholder in Optare

 

Blackburn-based bus manufacturer Optare has announced that Roy Stanley, its principal shareholder and former chairman, is to step down from the board. He will not be seeking re-election.

Stanley was the creator of today’s Optare business when he reversed Darwen Group, formed from the collapsed East Lancs business, into Optare in June 2008. He will remain as the company’s largest shareholder, but has decided to step down from the board in order to avoid any potential future...

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