Appointment of Non-Executive Director

RNS Number : 4964B

Science in Sport PLC

31 January 2020

 

31 January 2020

SCIENCE IN SPORT PLC

("Company" or "Group")

Appointment of Non-Executive Director

Science in Sport plc (AIM: SIS), the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community, announces the appointment of Roger Mather as an independent Non-Executive Director and chair of the Audit Committee with immediate effect.

Roger has broad business experience gained first in audit at PwC, in London and Hong Kong, and then in executive positions in consumer and distribution businesses in the UK, Asia Pacific and North America.

He was Chief Financial Officer of Mulberry Group plc, the AIM-quoted fashion brand and manufacturer, from 2007 to 2016, a period of rapid growth at Mulberry during which time he established international sales channels and implemented the business's digital strategy. Prior to Mulberry, he worked for more than 10 years at Otto Group, a privately owned multi-national distribution business, first as Group Finance Director of the sourcing division based in Hong Kong and then as Managing Director of a UK division.

From 2017, Roger has focused on non-executive and part-time roles. He is currently a Non-Executive Director of Quiz plc, the AIM-quoted omni-channel fast fashion brand, and chair of its audit and remuneration committees. He is also a pro bono director of The Berkshire Golf Club Limited and of Beaudesert Park School Limited.

On 1 October 2019, the Company announced that Raymond Duignan, Non-Executive Director and the Company's Audit Committee chair, intended to step down from the Board once a new Non-Executive Director had been appointed. Accordingly, Raymond will step down from the Board with immediate effect.

In a futher change to Board committees, existing Non-Executive Director Tim Wright will become chair of the Company's Remuneration Committee.

John Clarke, Science in Sport's Non-Executive Chairman, commented:

"On behalf of the Board, I am delighted to welcome Roger Mather to Science in Sport as a Non-Executive Director and chair of the Company's Audit Committee. Roger brings a substantial amount of corporate governance and commercial experience to the Company as we continue aggressively to pursue our growth, scale and profit objectives.

"Roger's knowledge of global branded goods operations, including supply chain, working capital, customer service, distribution management and financial systems, will be of significant value to the Company going forwards. In addition, he brings a familiarity with both e-commerce and traditional retail.

"I would also like to reiterate the Board's gratitude to Raymond Duignan, who has served as a Non-Executive Director since 2015. We thank him for his input to the Company and wish him well for the future."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Roger Thomas Mather (54 years of age) has been a director or partner of the following companies during the five years preceding the date of this announcement:

Current directorships	Past directorships
Berkshire Golf Club Limited (The)	Mulberry Group PLC
Quiz plc	Mulberry (UK) Limited
Beaudesert Park School Trust Limited	Mulberry Company (Design) Limited
	Mulberry Company (Europe) Limited
	Mulberry Company (Holdings) Limited
	Mulberry Company (Shoes) Limited
	Mulberry Fashions Limited
	Mulberry Leathers Limited
	Mulberry Company (Sales) Limited

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:

Science in Sport plc Stephen Moon, Chief Executive Officer James Simpson, Chief Financial Officer	[phone]
Liberum Nominated adviser and broker Bidhi Bhoma James Greenwood Will Hall	[phone]
Buchanan Communications Financial PR Mark Court Vicky Hayns Tilly Abraham	[phone] [e-mail]

Notes to Editors

About Science in Sport plc

Science in Sport plc is a leading sports nutrition business that develops, manufactures and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts and the gym lifestyle community. The Company has two highly regarded brands: PhD Nutrition, a premium protein brand targeting gym lifestyle and sports enthusiasts, and SiS, a leading brand among elite athletes and professional sports teams.

The two brands are sold internationally through multiple retail channels, both traditional and online, including major supermarkets and high street chains, specialist sports retailers and e-commerce sites including Amazon and the brands' own websites. They enable the Company to address the full breadth of the performance nutrition market currently estimated at approximately £10 billion worldwide.

PhD is one of the UK's leading protein brands with a reputation for high quality and product innovation. The brand has grown rapidly, based on its core protein powders, since launch in 2005. The range now comprises powders, bars, flapjacks, drinks and other products including the high protein, low sugar range, PhD Smart. PhD is the exclusive sports nutrition supplier to David Lloyd Clubs and its brand ambassadors include rapper Bugzy Malone, WBA international champion Jordan Gill and Team GB Olympic sprinter Asha Philip.

SiS, founded in 1992, has a core range comprising gels, powders and bars focused on energy, hydration and endurance. SiS is the official sports nutrition supplier to many professional cycling teams and organisations including Team INEOS, British Cycling, Cycling Australia, USA Cycling and USA Triathlon. SiS supplies more than 80 professional football clubs in the UK and is an official partner to British Triathlon and the Rock 'n' Roll Marathon Series. SiS brand ambassadors include Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Adam Peaty MBE.

Science in Sport is headquartered in London. Its shares joined the AIM market of the London Stock Exchange in August 2013 and trade under the ticker symbol SIS.

For further information, please visit www.scienceinsport.com

 

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