Appointment of Chief Executive

RNS Number : 3721W

Hornby PLC

26 April 2016

 

Hornby PLC

Appointment of Chief Executive

Hornby Plc, the international models and collectibles group, is pleased to announce that it has appointed current Group Finance Director Steve Cooke as its new Chief Executive. He commences the role immediately. The Company is looking to appoint an Interim Finance Director in the near term.

Roger Canham, the Executive Chairman, will continue in his role for the time being but will resume his Non-Executive role by the end of 2016.

Roger Canham, Executive Chairman said,

"I am delighted to announce that Steve will be Hornby's new Chief Executive.  He has made a significant contribution to the group since he joined and I am confident that he will lead the recovery in the financial performance and delivering value for our shareholders."

Steve Cooke, the new Chief Executive commented,

"Hornby has an excellent portfolio of much loved brands.  I am excited by the prospect of leading the business and I am looking forward to the challenge of driving Hornby forward, building on the progress that has already been made in transforming and modernising the group."

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Date: 26 April 2016

For further information contact:

Hornby Plc                                                                      

Roger Canham, Chairman          

Steve Cooke, Chief Executive                                                 

01843 233500                                                                   

Web: www.hornby.com

Numis Securities

Oliver Cardigan (Nomad)

Tom Ballard

020 7260 1000

Capital Access Group 

Simon Courtenay

020 3763 3400

 

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