Unreserved Apology given by Stephen Mangham and Robert Gaxiola

24 April, 2013

This statement is made by Stephen Mangham and Robert Gaxiola following settlement of the proceedings commenced against them and their agency Mangham Gaxiola in the High Court in Singapore by Ogilvy Singapore. The terms of settlement are confidential, but this statement is given to apologise unreservedly for our involvement in this matter.

We accept that Ogilvy Singapore had no option but to take legal action against us to protect their business interests and were justified in doing so. We accept that our conduct in setting up Mangham Gaxiola over stepped the mark. In particular, we should not have approached Ogilvy clients whilst Stephen was subject to contractual restrictions during garden leave and he should not have placed himself in a position of conflict whilst still an Ogilvy employee. We regret that this litigation was necessary and hope that with this settlement and apology we can put this matter behind us.

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