REG - Portmeirion Group - Appointment to the Board

PortmeirionAnnouncement

01/10/2024 07:00

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RNS Number : 3219G  Portmeirion Group PLC  01 October 2024

1 October 2024

 

PORTMEIRION GROUP PLC

('the Group')

 

Appointment to the Board

 

Portmeirion Group PLC, the owner, designer, manufacturer and omni-channel
retailer of leading homeware brands in global markets, announces that further
to the announcement on 6 September 2024, Jonathan Hill, Group Finance
Director, has today been appointed to the Board following completion of the
required regulatory checks.

 

Further information in accordance with Rule 17 and paragraph (g) of Schedule
Two of the AIM Rules for Companies (the "AIM Rules") is set out at the end of
this announcement.

 

ENQUIRIES:

 

 Portmeirion Group PLC:
 Mike Raybould, Chief Executive          +44 (0) 1782 743 444   mraybould@portmeiriongroup.com
 Jonathan Hill, Group Finance Director   +44 (0) 1782 743 444   jhill@portmeiriongroup.com

 Hudson Sandler:
 Dan de Belder                           +44 (0) 207 796 4133   portmeirion@hudsonsandler.com
 Nick Moore

 Emily Brooker

 Shore Capital:                          +44 (0) 207 408 4090

 (Nominated Adviser and Joint Broker):
 Patrick Castle                          Corporate Advisory

 Lucy Bowden
 Malachy McEntyre                        Corporate Broking

 Isobel Jones

 

 Singer Capital Markets

 (Joint Broker):         +44 (0) 207 496 3000
 Peter Steel             Investment Banking
 Asha Chotai

 

NOTES TO EDITOR:

Portmeirion Group PLC is a leading, omni-channel British ceramics manufacturer
and retailer of leading homeware brands.

 

Based in Stoke-on-Trent, United Kingdom, the Group owns six unrivalled
heritage and contemporary brands, with 750+ years of collective heritage;
Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé.

 

The Group serves markets across the world, with global demand driven by
diversified international markets including the key geographies of the US, UK
and South Korea.

 

Portmeirion Group has a proven capital-light, well developed and self-funded
growth strategy focused on building a wider customer base and growing the
sales footprint of its brands, through:

·    Building and growing international sales markets

·    Developing online sales channels in core markets

·    Designing and launching new product to widen appeal and take market
share

·    Leveraging brands and extensive product ranges

 

 

Appendix - AIM Rule 17

 

Save for the information set out in the announcement dated 6 September 2024
"Appointment of Group Finance Director", as well as the information below,
there are no further disclosures to be made in accordance with Rule 17,
Schedule Two (g) of the AIM Rules in respect of the appointment of Jonathan
"Jon" Charles Hill , aged 52. Jon does not hold an interest in the Company's
share capital.

 

Current Directorships

 

Nil

 

Past Directorships in the last 5 years

 

 Coleman Milne Limited
 Cormar (Exports) Limited
 Greenwood & Coope Limited
 JM Engineering (Scarborough) Limited(1)
 Mellor Coachcraft Limited
 Mersey Carpet Co., Limited (The)
 Promech Technologies Limited(1)
 TB Realisations 2023 Limited(1)
 Trinity BidCo Limited(2)
 Trinity MidCo Limited(2)
 Trinity TopCo Limited(2)
 Tunstead Needlefelt Company Limited
 Vehicle Conversion Specialists Limited(1)
 Villmount Limited
 WN Vtech Holdings Limited(1)
 WN Vtech Limited(1)
 Woodall Nicholson Trustee Limited

Footnotes

 

The companies referenced in the footnotes below were all related to the same
group, being WNVT Group:

( )

(1) Jon Hill was appointed as Chief Financial Officer on 12 July 2023 and
resigned with immediate effect on 4 December 2023. On 20 November 2023, these
companies entered into administration.

 

(2) Jon Hill was appointed as Chief Financial Officer on 12 July 2023 and
resigned with immediate effect on 4 December 2023. Creditors voluntary
liquidation commenced on 31 May 2024.

 

 

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