Esporta PLC
15 May 2001
AGM STATEMENT
At its AGM, John Grieves, the Chairman of Esporta plc, one of the
UK's leading health and fitness club operators, will be making
the following statement:
'The good start we have made to the year, as announced at the
time of our Preliminary Results two months ago, has continued
into March and April. We continue to be particularly pleased by
the progress made in our Continental European operation.
'Total membership now stands at 163,000 (of which 39,000 are
children), an increase of 11% since the year end, and 31% since
April last year. Revenue growth in our core clubs has improved
to show a 6% increase on a comparable basis.
'Esporta has today announced that Mark Beadle will be leaving the
company this summer by mutual agreement, at a date to be
determined. He will be replaced as Finance Director by Michael
Ball, currently Group Finance Director with Filofax Group plc.
Michael has been with Filofax for seven years, originally as
Group Financial Controller and, since 1998, as Group Finance
Director. When he was appointed as Group Finance Director,
Filofax was still fully listed and he continued in this role
during its transition to a wholly-owned subsidiary of Day Runner
Inc.
'We are pleased to secure Michael's services as an executive
director. Michael's experience in an international, customer-
oriented, public listed company will allow him to build upon the
progress made by Mark.
'With its strong management team, Esporta is exceptionally well
placed to fully exploit the opportunities available to it in the
UK and Continental Europe'.
For further details contact:
Graham Coles Esporta 0118 912 3503
William Cullum Brunswick 020 7404 5959
Additional information
The following information is provided in relation to Michael Ball
in respect of his prospective appointment as an Executive
Director, in accordance with UKLA Rules 16.4 and 6.F.2(b) to (g).
In relation to Rule 16.4 (a), from 2nd June 1998, Michael Ball
held the position of Group Finance Director of Filofax Group plc,
which ceased to be publicly quoted on 29th December, 1998.
In relation to Rule 6.F.2(b) to (g), and 16.4(b) there are no
details to disclose in respect of Michael Ball.
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