Board Changes update

RNS Number : 4663X

Portmeirion Group PLC

28 August 2020

 

28 August 2020

Portmeirion Group PLC

("Portmeirion")

Board Changes update

Portmeirion, the designer, manufacturer and worldwide distributor of high quality homewares under the Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé brands, is pleased to announce that further to the Board Changes announcement on 4 August 2020, William ("Bill") Robedee will join the Board as President of North America with immediate effect.

Please refer to Annex 1 below for all further disclosure relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Notes: This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

ENQUIRIES:

Portmeirion Group PLC:
Mike Raybould Chief Executive	[phone]	[e-mail]
David Sproston Group Finance Director	[phone]	[e-mail]
Hudson Sandler:
Dan de Belder Nick Moore	[phone]	[e-mail] [e-mail]
Panmure Gordon:
(Nominated Adviser and Broker)	[phone]
Freddy Crossley / Joanna Langley		Corporate Finance
James Stearns		Corporate Broking

N+1 Singer:
(Joint broker)	[phone]
Peter Steel / Ben Farrow		Corporate Finance
Rachel Hayes		Corporate Broking

Annex 1

William ("Bill") Joseph Robedee, 51, is, or has been in the previous five years, a director of the following companies:

Current directorships	Previous directorships
Portmeirion Group Designs, LLC. Portmeirion Group USA, Inc. Portmeirion Canada, Inc.	Nambé LLC.

In 2019, Bill filed a voluntary petition as an individual to reschedule certain personal debts in the USA, the functional equivalent of an Individual Voluntary Arrangement ("IVA"). It is expected that all of those personal debts will be paid off under a 5-year plan.

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

END

 

 

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