REG - Portmeirion Group - Board Changes update

PortmeirionAnnouncement

28/08/2020 10:30

RNS Number : 4663X
  
Portmeirion Group PLC
  
28 August 2020
  
 

28 August 2020
 
 
 
 
Portmeirion Group PLC
("Portmeirion")
 
Board Changes update
 
Portmeirion, the designer, manufacturer and worldwide distributor of high quality homewares under the Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé brands, is pleased to announce that further to the Board Changes announcement on 4 August 2020, William ("Bill") Robedee will join the Board as President of North America with immediate effect.



Please refer to Annex 1 below for all further disclosure relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.
 
Notes: This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. 
 
ENQUIRIES:
 



Portmeirion Group PLC:




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
Nick Moore


+44 (0) 207 796 4133


ddebelder@hudsonsandler.com
nmoore@hudsonsandler.com


















Panmure Gordon:




(Nominated Adviser and Broker)                 


+44 (0) 207 886 2500








Freddy Crossley / Joanna Langley






Corporate Finance




James Stearns






Corporate Broking



 



N+1 Singer:




(Joint broker)                 


+44 (0) 207 496 3000








Peter Steel / Ben Farrow






Corporate Finance




Rachel Hayes






Corporate Broking



 
 
Annex 1
William ("Bill") Joseph Robedee, 51, is, or has been in the previous five years, a director of the following companies:



Current directorships
 


Previous directorships
 




Portmeirion Group Designs, LLC.
 
Portmeirion Group USA, Inc.
 
Portmeirion Canada, Inc.


Nambé LLC.
 



 
In 2019, Bill filed a voluntary petition as an individual to reschedule certain personal debts in the USA, the functional equivalent of an Individual Voluntary Arrangement ("IVA"). It is expected that all of those personal debts will be paid off under a 5-year plan.
 
There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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