REG - McBride PLC - Directorate Change

McBrideAnnouncement

31/05/2023 17:45

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RNS Number : 2392B  McBride PLC  31 May 2023

31 May 2023

 

McBride plc

 

Directorate Change

 

 

McBride plc (the "Company") announces that Igor Kuzniar will step down as a
Non-Executive Director of the Company with effect from 31 May 2023.

 

Igor joined the Board in June 2019, following constructive discussions with
Teleios Capital Partners LLC, a European-focused investment firm, regarding
Board composition and governance considerations.  During his tenure, Igor
became a member of the Nomination Committee and participated as an observer on
both the Remuneration Committee and the Audit and Risk Committee.

 

Teleios is currently the largest shareholder in McBride with a shareholding of
24.90% of the issued share capital of the Company.

 

Jeff Nodland, Chairman of McBride, commented:

 

"The Board extends its thanks and appreciation to Igor for the commitment and
contribution he has provided to McBride and its committees throughout his four
years' service as a director. His insights and perspectives were invaluable as
the Company charted a new direction with Programme Compass and navigated the
challenges created by the current external environment. Igor leaves McBride
with confidence in the Board and leadership to continue their good work in
delivering the Company's strategy supported by a strong corporate governance
framework."

 

Igor Kuzniar, Founding Partner of Teleios Capital Partners, commented:

 

"I am grateful to Jeff Nodland and the rest of the directors for the
constructive collaboration over the past four years.  I am stepping down from
the Board today confident that McBride is equipped with the right strategic
vision, governance framework and a strong leadership team, positioning it well
to continue the implementation of Programme Compass."

 

 

This notice is given in fulfilment of the obligations under paragraph 9.6.11
of the Listing Rules.

 

 

 McBride plc
 Jeff Nodland, Chairman  0161 203 7570
 Chris Smith, CEO

 

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