REG - Benchmark Hlgs PLC - Board and Management Changes

Benchmark HoldingsAnnouncement

21/07/2025 12:00

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RNS Number : 8949R  Benchmark Holdings PLC  21 July 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

21 July 2025

Benchmark Holdings plc

("Benchmark" or the "Company")

Board and Management Changes

The Company is pleased to announce the following proposed board changes, each
intended to take effect from the later of (i) date of the De-Listings,
currently anticipated to be on or around 15 August 2025 and (ii) 31 August
2025:

·      Patrick Waty to join as Chief Executive Officer succeeding Trond
Williksen, who will step down from his role as Chief Executive Officer upon
Patrick's appointment;

·      Pierre Hugo to join as Chief Financial Officer of the Company,
succeeding Septima Maguire who stepped down from her role as Chief Financial
Officer on 30 June 2025;

·      Therese Log Bergjord to join as Non-Executive Director succeeding
Marie Danielsson who will resign from her role as a Non-Executive Director
upon Therese's appointment;

·      Torgeir Svae will step down as the Board representative of Kverva
AS and will be replaced by Frode Sandmark acting as a Non-Executive Director;

·      Kristian Eikre will step down as the Board representative of FERD
AS and will be replaced by Frida Lillebøeacting as a Non-Executive Director;
and

·      Jonathan Esfandi will step down as the Board representative of
JNE Partners LLP and will be replaced by Michael Zhang acting as a
Non-Executive Director.

As set out in the circular posted to Shareholders on 23 May 2025 (the
"Circular"), Nathan "Tripp" Lane, Chairman of the Company, will also step down
from his role on the date of the De-Listings.

Patrick Waty and Pierre Hugo will not become directors of the Company.

The resignations of Marie Danielsson, Torgeir Svae, Kristian Eikre and
Jonathan Esfandi alongside the appointments of Therese Log Bergjord, Frode
Sandmark, Frida Lillebøe and Michael Zhang represent changes to the
disclosures made in the Circular in relation to the intention statement
regarding Board composition.

Capitalised terms used but not otherwise defined in this announcement have the
meanings set out in the Circular.

The Circular is available on the Company's website
at https://www.benchmarkplc.com/investors/delisting
(https://protect.checkpoint.com/v2/r06/___https:/www.benchmarkplc.com/nsAjxytwxdijqnxynsl___.ZXV3MjpuZXh0MTU6YzpvOjI0NTc5MGI1YWJiNDk3MWNjNWVjOWI5YTVkM2Q2NDYyOjc6NTBjNDphZWQ4MDVhMWRiZWM0MWI5ZWNkMjUwMDMzODZiZjAxMjc5NmYzZTI3ODIwOGM3OGIxYjVkM2FiYzVmNzVmYjdiOnA6RjpU)
 

Enquiries

 Benchmark Holdings plc                                                benchmark (mailto:benchmark@mhpgroup.com) @ (mailto:benchmark@mhpgroup.com) mh

Trond Williksen, CEO                                                 (mailto:benchmark@mhpgroup.com) pg (mailto:benchmark@mhpgroup.com) roup.com

                                                                     (mailto:benchmark@mhpgroup.com)
 Ivonne Cantu, Investor Relations

 Strand Hanson Limited (Nominated & Financial Adviser and Broker)      +44 (0) 20 727409 3494

 Christopher Raggett

 James Dance

 Matthew Chandler

 Rob Patrick

 MHP Group (Press Enquiries)

 Katie Hunt                                                            +44 7831 406117

 Reg Hoare                                                             benchmark (mailto:benchmark@mhpgroup.com) @ (mailto:benchmark@mhpgroup.com) mh

                                                                     (mailto:benchmark@mhpgroup.com) pg (mailto:benchmark@mhpgroup.com) roup.com
                                                                       (mailto:benchmark@mhpgroup.com)

The person responsible for arranging the release of this announcement on
behalf of the Company is Ivonne Cantu, Investor Relations.

MAR

The information contained within this announcement is considered by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR"), and the UK version of MAR which is part
of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as
amended.  Upon the publication of this announcement via a Regulatory
Information Service and Newspoint, this inside information is now considered
to be in the public domain.

ABOUT BENCHMARK

Benchmark is a market leading aquaculture biotechnology company.  Benchmark's
mission is to drive sustainability in aquaculture by delivering products and
solutions in advanced nutrition and health which improve yield, growth and
animal health and welfare. Find out more at www.benchmarkplc.com
(https://protect.checkpoint.com/v2/___http:/www.benchmarkplc.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzplOTlhMGVjNTMxOTEwZmU4Y2FjOTBkMGQyYmE5MmJkMjo2OjUyMmY6M2UxNTA5ZWZhMDljNWM0YzliZDMxMDgzMmRiNGU2YWEwZDk0NmUyNDRiZTk5ZDkxYjQ1OTEwNWMxNmI4YmM0MjpwOlQ6Tg)

PUBLICATION ON A WEBSITE

A copy of this announcement will be made available
at https://www.benchmarkplc.com/
(https://protect.checkpoint.com/v2/___https:/www.benchmarkplc.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo1ZTc4ZjRiZDQzODBmMDFlMDhkMTM4ZDAyNmEzZmIyOTo2OmQ4MDk6MGZiY2I3ZGIwNDg5ODQ2N2Q2OWQyYTRkYTgzZWRmZGRiZWE2NWJkN2Q3ODc4NWU0MzkyMGI4MjBmNjQ5MTZmNzpwOlQ6Tg)
 no later than 12:00 noon (London time) on 22 July 2025 (being the next
business day following the date of this announcement) in accordance with Rule
26.1 of the Takeover Code.  The content of the website referred to in this
announcement is not incorporated into and does not form part of this
announcement.

 

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