Appointment of Group Finance Director

Wynnstay Group PLC

23 August 2023

 

AIM: WYN

Wynnstay Group Plc

("Wynnstay" or the "Group" or the "Company")

Appointment of Group Finance Director

Wynnstay, the agricultural and specialist merchanting group, is pleased to announce the conclusion of its recruitment process for the role of Group Finance Director, following Paul Robert's decision to retire from the Company after many years of outstanding service, as announced on 3 July 2023.  Rob Thomas will be joining the Group on 2 October 2023 as Group Finance Director Designate and as a Director of the Board of Wynnstay. Rob will take up the role of Group Finance Director on 2 January 2024 with Paul Roberts stepping down from the Board on the same day. Paul will remain with the Company in a consultancy role for a period thereafter to assist with the year end audit process and ensure a smooth handover.

Rob Thomas, FCA, has significant financial and commercial experience in senior roles, including in the agricultural and the supply chain sectors. He joins from EFS Global Limited, the UK-based logistics provider, where he was Group Finance Director. Before that, he worked at NWF Group plc, the specialist distributor of fuel, food and feed, for eight years until 2022. For the majority of his time there, he was Finance Director of the feeds division, NWF Agriculture Limited, which manufactures and supplies animal feeds to livestock farmers across the UK. He has significant experience of M&A and strategic planning.

Rob's earlier career was in accountancy with PwC, both in the UK and overseas.   

Further information in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies (the "AIM Rules") is set out at the end of this announcement.

Steve Ellwood, Chairman of Wynnstay Group plc, commented:

"We are delighted to welcome Rob Thomas to Wynnstay as Group Finance Director, and at the same time to acknowledge Paul Robert's outstanding contribution during his long tenure with the Group.

"On behalf of the Board and all his colleagues, I would like to thank Paul for his hard work and astute counsel over many years and to wish him all the very best in his retirement. It is typical of his commitment that he remains available to us as Rob establishes himself. 

"Rob is an excellent fit, bringing financial and commercial experience of our sector, and we look forward to working with him."

Enquiries:

Wynnstay Group Plc	Gareth Davies, Chief Executive Paul Roberts, Finance Director	T: 020 3178 6378 (today) T: 01691 827 142
KTZ Communications	Katie Tzouliadis, Robert Morton	T: 020 3178 6378
Shore Capital (Nomad and Broker)	Stephane Auton, Henry Willcocks, Tom Knibbs, Rachel Goldstein	T: 020 7408 4090

Regulatory Disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules)

Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules in respect of the appointment of Robert ("Rob") John Thomas, aged 44. Mr. Thomas does not hold any beneficial interest in the Company's share capital.

Current Directorships AFI UK Limited Andante Freight Limited Ardenwell Limited Austin Park Holdings Limited Austin Wilkinson & Sons Limited Austin Wilkinson (Holdings) Limited Brad Trans International Limited Caistor Distribution Limited Carolbank Holdings Limited Courier Connections (Scotland) Limited C.S. Brunt (Freight Services) Limited Ecosse Transport Logistics LTD EFS Boss LTD EFS Global Limited EFS Investments Limited EFS Logistics LTD EFS Traction Limited EFS Transport LTD Eminence Transport Limited Euro.SDB Limited Euro-Tran Despatch Limited Evidale Consulting Limited Express Freight Solutions LTD Floryn Limited F W D Freight Services Limited Gees Haulage Limited ILS Holdings Limited Independent Logistic Solutions Limited Jones Metcalf LTD Pegasus Express Limited Red Scar Tyres Limited Sussex Pallet Services LTD Thomas Harwood & Son Limited Tom Moorhouse & Son Limited Tooles Transport Holdings Limited Tooles Transport Limited Tyneside Express Transport Limited

Past Directorships (within 5 years) NWF Agriculture Limited Jim Peet (Agriculture) Limited

 

END