RCS - Hornby PLC - Correction to the Annual Financial Report

HornbyAnnouncement

28/09/2018 10:15

RNS Number : 3191C
Hornby PLC
28 September 2018
 


 
Hornby PLC
28 September 2018

PRESS RELEASE
 
28 September 2018
This announcement is further to the Final Results announcement released on 19 June 2018 under RNS Number 7571R and corrects an error in the Directors' Remuneration within the Director's Report and Key Management compensation in Note 24. The error is as a result of bonuses paid in the year ended 31 March 2018 being included in the disclosure for the year ended 31 March 2018, however these related to the year ended 31 March 2017, and a misclassification between compensation for loss of office and basic salary.
The full amended text is shown below: 




AUDITED


 


 


 




Year ended 31 March 2018




 


Basic salary, allowances and fees £'000


Pension contributions £'000


Total salary and pension contributions £'000




 




 




L Davies (Appointed 5 October 2017)


100


-


100




K Gould (Appointed 4 January 2018)


34


6


40




J Wilson (Appointed 1 August 2017)


-


-


0




J Stansfield (Appointed 4 January 2018)


9


-


9




S Cooke1,4 (Resigned 3 October 2017)


153


25


178




D Mulligan2 (Resigned 31 December 2017)


153


26


179




M George (Appointed 22 December 2016)


49


-


49




R Canham3 (Resigned 21 June 2017)


25


-


25




D Adams (Resigned 31 December 2017)


49


-


49




C Caminada (Resigned 22 December 2016)


-


-


-




Total


572


57


629




 


 


 


 




1 - excluded from within this amount is compensation for loss of office totalling £233,152




2 - excluded from this amount is compensation for loss of office totalling £184,193




3 - excluded from this amount is compensation for loss of office totalling £25,000




4 - Highest paid director


 


 


 




 
 
 
Enquiries:
 
Hornby plc                                                          01843 233500
Lyndon Davies, CEO
 
Liberum                                                               020 3100 2222
Andrew Godber
Richard Bootle
Neil Patel
 
Capital Access Group                                        020 3763 3400
Scott Fulton




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