REG - Portmeirion Group - Board Appointment

PortmeirionAnnouncement

01/06/2023 07:00

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RNS Number : 2394B  Portmeirion Group PLC  01 June 2023

 

 

1 June 2023

 

 

 

Portmeirion Group PLC

(the "Group" or the "Company")

 

Board Appointment

 

 

Portmeirion Group PLC, the owner, designer, manufacturer and omni-channel
retailer of leading homeware brands in global markets, announces that Jeremy
Wilson has been appointed as a Non-executive Director with immediate effect.

 

Jeremy is a highly experienced professional at both executive and board level,
having held several positions as Chief Financial Officer including at
Focusrite plc from 2014 to 2021.  His expertise in performance management,
business transformation and international growth will support in the delivery
of the Group's strategy.

 

On appointment, Jeremy will also become a member of the Audit, Remuneration
and Nomination Committees.

 

Commenting on the appointment, Dick Steele, Non-executive Chairman said:

 

"I am delighted to welcome Jeremy to Portmeirion Group as a Non-executive
Director.  Jeremy's broad expertise and deep industry experience will be
extremely valuable. His appointment will further strengthen our independence
and the experience of the Board. The Board looks forward to working with
Jeremy."

 

Please refer to Annex 1 for all further disclosure relating to Rule 17 or
paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

 

ENQUIRIES:

 

 Portmeirion Group PLC:
 Dick Steele, Non-executive Chairman     +44 (0) 1782 743 443
 Mike Raybould, Chief Executive          +44 (0) 1782 743 443   mraybould@portmeiriongroup.com
 David Sproston, Group Finance Director  +44 (0) 1782 743 443   dsproston@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

 

 Singer Capital Markets

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

 

ANNEX 1

Regulatory Disclosures (in accordance with Rule 17 and Schedule Two paragraph
(g) of the AIM Rules for Companies)

 

Save for the information set out above and below, there are no further
disclosures to be made in accordance with Rule 17 and Schedule Two paragraph
(g) of the AIM Rules for Companies in respect of the appointments of Jeremy
Michael Charles Wilson, aged 56. Mr Wilson does not hold any beneficial
interest in the Company's share capital.

 

Jeremy Wilson, is, or has been in the previous five years, a director of the
following companies:

 

 Current directorships   Previous directorships
 Summerisle Finance Ltd  Crikey Bikey Ltd

                         Focusrite Audio Engineering Limited

                         Focusrite Australia Pty Ltd

                         Focusrite Group US, Inc (formerly Focusrite Novation, Inc)

                         Focusrite Novation Asia Limited

                         Focusrite plc

                         Martin Audio Limited

                         Optimal Audio Group Limited

                         Pro Audio Beteiligungs Gmbh

 

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

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