Appointment of Non-Executive Director

RNS Number : 5922I

Walker Greenbank PLC

27 November 2018

 

For immediate release

27 November 2018

WALKER GREENBANK PLC

("Walker Greenbank" or the "Company")

Appointment of Non-Executive Director

Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, announces the appointment of Vijay Thakrar, a highly experienced adviser to small and mid-cap companies, as a Non-Executive Director. He will join the Board and become Chairman of the Audit Committee on 27 November 2018.

Vijay Thakrar is a qualified accountant who became a partner at EY in 1999. He moved to Deloitte as a partner in 2009, where his roles included advising brand-based businesses in the consumer sector on issues such as licensing, international expansion and multi-channel strategies.

In 2012, whilst the head of Deloitte's practice for small and mid-cap companies, he became a non-executive director of the Quoted Companies Alliance ("QCA"), which provides corporate governance and other guidance to AIM-quoted and other companies. In 2016, he left his full-time role at Deloitte to focus on non-executive positions at public and private businesses and not-for-profit organisations.

Vijay Thakrar is currently a non-executive director of Philippines-based food group Monde Nissin, which owns Quorn Foods, and UK-based irrigation company Briggs as well as the MK Dons Football Club Sports & Education Trust. Earlier this month, he stepped down as a non-executive director of the QCA after completing six years.

Christopher Rogers, Interim Executive Chairman of Walker Greenbank, said: "I am delighted to welcome Vijay Thakrar to Walker Greenbank's Board. He brings a wealth of experience to the Company in areas including corporate governance, business strategy and risk management. In addition, he has particular experience of working with businesses in the consumer sector, having advised many well-known UK brands on aspects of their strategic development."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Vijay Champaklal Thakrar ("Vijay") (aged 56 years) has been a director or partner of the following companies during the five years preceding the date of this announcement:

Current directorships		Past directorships
Monde Nissin (UK) Ltd Monde Nissin (Australia) Pty Ltd MK Dons Football Club Sports & Education Trust Briggs (UK) Limited ITS Designs Limited Pandd Properties Limited		The Quoted Companies Alliance Methodist Homes

There is no further information to be disclosed pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information:

Walker Greenbank PLC	[phone]
Christopher Rogers, Interim Executive Chairman
Mike Gant, Chief Financial Officer Caroline Geary, Company Secretary
Investec Bank plc (Nominated Adviser and Broker)	[phone]
David Anderson / Alex Wright - Corporate Finance
Henry Reast / Richard Short - Corporate Broking
Buchanan	[phone]
Mark Court / Sophie Wills / Catriona Flint

Notes for editors:

About Walker Greenbank

Walker Greenbank PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives significant licensing income from the use of its designs on a wide range of interior products such as bed linen, rugs and tableware.

Walker Greenbank's brands include Sanderson, Morris & Co, Harlequin, Zoffany, Scion, Clarke & Clarke and Studio G.

The Company has a strong UK manufacturing base, comprising a wallpaper factory in Loughborough and a fabric printing factory in Lancaster. Both factories manufacture for the Company and for other wallpaper and fabric brands.  

Walker Greenbank employs more than 600 people and its products are sold in more than 85 countries worldwide. It has showrooms in London, New York, Chicago, Paris, Amsterdam, Moscow and Dubai along with a partnership showroom in Shenzhen, China.

Walker Greenbank trades on the AIM market of the London Stock Exchange under the ticker symbol WGB.

For further information please visit: www.walkergreenbank.com     

 

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