REG - Croma Sec. Sol. Grp - Directorate Change

Croma Security SolutionsAnnouncement

04/04/2023 07:00

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RNS Number : 2021V  Croma Security Solutions Group PLC  04 April 2023

 

FOR IMMEDIATE RELEASE
 
4 April 2023

 

 

Croma Security Solutions Group Plc

("Croma", "the "Company" or the "Group")

Appointment of Non-Executive Chairman

 

 

Croma Security Solutions Group plc (AIM:CSSG), the security services provider
is pleased to announce the appointment of Barbara Joanne Haigh Rosser, known
as Jo Haigh, as non-executive Chairman with immediate effect. Nick Hewson,
will step down as Chairman with immediate effect and remain on the board as a
non-executive director, as part of a handover period, until 1 May 2023.

 

Jo Haigh is an experienced businesswoman and entrepreneur. Currently, she is
Chairman of fds, provider of corporate finance services, with a focus on
supporting companies develop, expand and then ultimately secure successful
exits.  Alongside her M&A advisory work, Jo provides specialist director
training services and is a regular presenter at major business events on both
corporate governance and M&A across the UK and Europe. In 2018 she founded
OnBoarding Officers, an exclusive community for exiting military officers to
help them transfer their skills into the commercial world and become
world-class business leaders. A published business author and commentator she
has written extensively on a wide range of commercial issues and has won
numerous business awards.

 

Jo Haigh is currently non-executive chairman for the following companies:
Cambridge Healthcare Research Limited, Fresh Start Waste Services Limited and
Fundamentals Limited.

 

Commenting Roberto Fiorentino, Chief Executive Officer, said "On behalf of the
Board, I would like to thank Nick for his many years of service and valuable
contribution to the Group. We wish him well for the future. Separately, I am
delighted to welcome Jo to the Board who I know will bring significant
boardroom experience and commercial rigour to our team. Her arrival comes at a
key time in our development, as we seek to focus on our cash generative Locks
and Systems business and pursue the roll-out of our security store network."

 

The following information is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with
the appointment of Barbara Joanne Haigh Rosser aged 65, to the Board of the
Company:

 Current directorships              Past directorships held within the last five years
 Cambridge Healthcare Research Ltd  Hallowed Ltd
 Fundamentals Ltd                   The Orange Square Company Ltd
 FDS Employee Ownership Trust Ltd   Reveles Energy Ltd
 Onboarding Group Ltd               Marketing with Passion Ltd
 Fresh Start Waste Services Ltd     Convivia Ltd
 FDS Director Services Ltd          Solid Sheds Ltd

 

Barbara Joanne Haigh Rosser was a director of Reveles Energy Limited, which
entered into Administration on 1 November 2021, the administration proceedings
are ongoing but as at 30 November 2022 (being the latest Administrators
progress report),  Reveles Energy Limited had in excess of £2.3m secured
creditors and £3.98m unsecured creditors with the estimated deficiency yet to
be determined.

 

There are no other matters under paragraph (g) of Schedule 2 of the AIM Rules
to be disclosed.

 

For further information visit www.cssgplc.com or contact:

 

Croma Security Solutions Group
Plc
Tel: +44 148 956 6100

Roberto Fiorentino (CEO)

 

WH Ireland
Limited
Tel: +44 (0)207 220 1666

(Nominated Adviser and Broker)

Mike Coe

Sarah Mather

 

Novella
Tel: +44 (0)203 151 7008

Tim Robertson

Claire de Groot

 

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