Board Update

RNS Number : 9187F

Genus PLC

15 October 2008

 



For immediate release                                                                           15 October 2008   

Genus plc

('Genus' or 'the Company')

Board Update

Genus, a world leading animal genetics company, is pleased to announce that Richard Wood, Chief Executive, has accepted the Board's proposal that he continues to lead the Company on a rolling contract basis terminable on 12 months notice by either party. 

The Board believes that this contract extension will ensure operational stability for the Company's challenge of delivering planned growth, particularly in the emerging markets.

For further information please contact:

Genus plc                                          Tel: [phone]

John Hawkins, Chairman

Buchanan Communications              Tel: [phone]

Charles Ryland

Suzanne Brocks

Christian Goodbody

 

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