Appointment of Non-Executive Director

RNS Number : 3507O

Fevertree Drinks PLC

17 May 2018

 

17^th May 2018

Fevertree Drinks plc

 ("Fever-Tree" or the "Company")

Appointment of Non-Executive Director

Fever-Tree, the world's leading supplier of premium carbonated mixers, is pleased to announce the appointment of Domenico ("Domenic") De Lorenzo as Non-Executive Director of the Company and Chairman of the Audit Committee with immediate effect.

A qualified chartered accountant, Domenic (aged 54) brings with him a wealth of financial management experience having spent 20 years at SABMiller, the former FTSE 100 beverage company, focusing on strategy and corporate development before reaching the position of Chief Financial Officer. During his time at SABMiller he was involved with more than 100 global transactions, acquisitions and disposals, prior to its sale to ABInBev in 2016.

Bill Ronald, Chairman of Fever-Tree, comments: "I am delighted to welcome Domenic to the Board of Fever-Tree. As a former FTSE 100 CFO, with significant beverages experience gained over 20 years at SAB Miller, he has valuable experience of building global premium brands and of scaling already significant businesses and I have no doubt he will further strengthen our Board's capabilities."

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For further information:

Fevertree Drinks plc Tim Warrillow, Co-founder and CEO Andy Branchflower, Finance Director Oliver Winters, Communications & IR Director	[phone]
FTI Consulting - Financial PR Jonathon Brill Georgina Goodhew Fiona Walker	[phone] [e-mail]
Investec Bank plc - Nominated Adviser and Broker Garry Levin Alex Wright David Anderson	[phone]

Notes to Editors:

Fever-Tree is the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, with distribution to over 60 countries worldwide. Based in the UK, the brand was launched in 2005 to provide high quality mixers which could cater to the growing demand for premium spirits, in particular gin, but also increasingly for vodka, rum and whisky. The Company now sells a range of carbonated mixers to hotels, restaurants, bars and cafes ("On Trade") as well as selected retail outlets ("Off Trade").

Regulatory Disclosures

The following disclosures are required regarding Domenico John De Lorenzo's appointment pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies:

Current directorships and partnerships:

Kard Investments (Pty) Limited

Bounty Brands Holdings Limited

Drioglann Shliabh Liag CGA

The Lothian Square Group LLP

Exclusive Access Trading 821 (Pty) Limited

Lothian Square (SFR) Limited

Past directorships and partnerships held over the last 5 years:

MillerCoors LLC

SABMiller Holdings Inc.

SABMiller Limited (formerly SABMiller PLC)

Domenic has no direct or indirect interest in the Company's ordinary shares.

No further disclosure is required pursuant to AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules for Companies.

 

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