SeaDragon Limited announced the appointment of Tim Preston to the Board of Directors. The company also announced that Don Gibson has resigned as a Director of the company effective from 14 June 2013. Mr. Preston was a share broker from 1980 until November 2006 and became a full member of the NZX in 1986.

He was a founding member of the NZX Disciplinary committee and a member of the NZ Sharebrokers Advisory Panel. During his 26 years in broking and investment banking, he held several senior management positions, the last being Managing Director of ASB Securities since its inception in August 1999 until his retirement in 2006. Tim remains involved with several private companies and follows the markets with a keen interest.