Directorate Change

RNS Number : 0679K

CPPGroup Plc

23 December 2015

 



CPPGroup plc

23 December 2015

DIRECTOR APPOINTMENT

CPPGroup plc (CPP or the Group), the international assistance business, is pleased to announce that, following receipt of regulatory approval, Abhai Rajguru has been appointed as a Non-Executive Director of the Group. It is also intended that Abhai will be appointed as Chairman of the Audit Committee.

Abhai has extensive experience at a senior level in the financial services sector.  He is currently an Independent Member of the Audit Committee of Her Majesty's Treasury, Chairman of Alexander Rosse and Director of DBV Finance.

Roger Canham, Non-Executive Chairman, commented:

"I am delighted to welcome Abhai to CPP and believe his broad experience will enable him to make a significant contribution to the Board as it continues to develop the Group's future strategy."

Enquiries

CPPGroup Plc 

Lorraine Beavis, Group Company Secretary

Tel: [phone]

Media

Powerscourt Group: Justin Griffiths

Tel: [phone]

Nominated Adviser and Broker

Numis Securities Limited: Stuart Skinner; Charles Farquhar

Tel: [phone]

Further information

Abhai Rajguru, 51, is or has been a director in the following companies.

Current directorships:

Alexander Rosse Limited

Pravara Capital LLP

Arcadium Capital Partners LLP

DBV Finance Limited

HM Treasury

Previous directorships:

Leeds Building Society

Leeds Building Society Staff Pension Scheme Limited

Kettering General Hospital NHS Foundation Trust

Simplyhealth Group

The Board confirms that Abhai Rajguru has all of the requisite regulatory approvals. There are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the proposed appointment of Abhai Rajguru to the Board of CPPGroup Plc.

Notes to Editors

CPPGroup Plc (CPP or the Group) is an international assistance business operating in the UK and overseas. CPP primarily operates a business-to-business-to-consumer (B2B2C) business model providing products and services to customers through Business Partners and direct to consumer. The Group's core assistance products help to provide security and are designed to make everyday life easier to manage.

For more information on CPP visit www.cppgroupplc.com

REGISTERED OFFICE

CPPGroup Plc

Holgate Park

York

YO26 4GA

Registered number: 07151159

 

END

 

 

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