Directorate Change

RNS Number : 8664U

SIG PLC

02 April 2019

 

2 April 2019

SIG plc

Directorate Change

Retirement of Non-Executive Director

LEI: 213800VDC1BKJEZ8PV53

SIG plc (the "Company"), announces that Cyrille Ragoucy, a Non-Executive Director of the Company, who was appointed interim CEO of Balta Group NV ("Balta") with effect from 27 August 2018 has today been appointed CEO of Balta in a permanent capacity with immediate effect.

In light of this appointment, Mr Ragoucy has today informed the SIG Board that he will retire as a Director of the Company when a replacement has been appointed and the Company has today commenced the search for a new Non-Executive Director.  It is intended that any new Director will not be appointed before the Company's forthcoming AGM on 8 May 2019 and therefore Mr Ragoucy will be seeking election at the forthcoming Annual General Meeting as set out in the Notice of Meeting which was sent to shareholders on 28 March 2019.

Andrew Allner, Chairman of SIG plc, said: "On behalf of the Board, I would like to thank Cyrille for his contribution to SIG plc and wish him every success in his role as CEO of Balta Group NV."

Enquiries
SIG plc
Andrew Allner, Chairman	0114 285 6300
Meinie Oldersma, Chief Executive Officer	0114 285 6300
Katharine Baxter, Group Communications	0114 285 6300
FTI Consulting
Richard Mountain / Susanne Yule	020 3727 1340

 

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