REG - Real Good Food PLC - Directorate Change

Real Good FoodAnnouncement

21/12/2022 15:15

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RNS Number : 5211K  Real Good Food PLC  21 December 2022

21 December 2022

 

Real Good Food plc

 

("RGF" or "the Group")

 

Directorate Change

 

Real Good Food plc (AIM:RGD), the food manufacturing business specialising in
cake decoration, announces that Andy Richardson has been appointed as a
non-executive director with effect from January 2023. Andy has a wealth of
expertise across a range of organisations at CEO, Chair and non-executive
levels, including having been Chairman of Rubicon Partners, CEO of Arc
Specialist Engineering Limited and CEO of Metalrax Group Plc. He has a strong
track record in business transformation, scale-up and international
development in quoted, private equity and family office ownership structures.

 

 

Andy has a particular interest and expertise in manufacturing transformation,
which will be highly relevant to the radical reform programme which is
underway within the Group. Andy will take over as Chair of The Remuneration
Committee and may undertake some manufacturing consultancy should the need
arise.

 

Andy holds a Master of Arts and a Master of Engineering degree from Cambridge
University.

 

As previously announced, Gail Lumsden is stepping down from the Board to
dedicate time to her other non-executive commitments. Gail will leave on 31
December 2022.

 

The AIM Rules paragraph (g) of Schedule Two disclosures relating to Andy
Richardson are set out at the end of the announcement.

 

Mike Holt, Executive Chairman, commented:

 

"On behalf of the Board, I am delighted that Andy Richardson is joining Real
Good Food. We wanted an independent director with transformational change
management experience and skills to support the business; Andy's expertise in
leading manufacturing transformations is very relevant and I am confident that
he will be able to help support the business in successfully delivering on its
radical reform programme."

 

 

 

Enquiries:

 Real Good Food plc                                Tel: 0151 541 3790

 Mike Holt, Executive Chairman

 finnCap Limited (Nomad and Broker)                Tel: 020 7220 0500

 Carl Holmes / Abigail Kelly (Corporate Finance)

 MHP (Financial PR)                                Tel: 020 3128 8100

 Reg Hoare / Katie Hunt                            rgf@mhpgroup.com (mailto:rgf@mhpgroup.com)

About Real Good Food

Real Good Food plc is a food manufacturing business specialising in Cake
Decoration; it serves several market sectors including retail (own label and
private label), manufacturing and export, and operates under two brands,
Renshaw and Rainbow Dust Colours. http://www.realgoodfoodplc.com
(http://www.realgoodfoodplc.com) .

 

AIM Rules paragraph (g) of Schedule Two disclosures relating to a director
appointment

Andrew John Richardson, age 58, is or has during the last five years been a
director or partner of the follow ing companies and partnerships:

 Current Directorships:    Past Directorships in the last five years:

 Aspire Companies Ltd      ARC Overseas Limited

 Tusox Ltd                 Arc Specialist Engineering Management Company Limited

 Windar Photonics plc      ARC Specialist Engineering Properties Limited

                           Boddingtons Plastics Limited

                           Buncher and Haseler Limited*

                           Cooper Coated Coil Holdings Limited

                           Cooper Coated Coil Investments Limited

                           Cooper Coated Coil Limited

                           Cooper Coated Coil Management Limited

                           EWS (Manufacturing) Limited

                           House BI Limited*

                           House KTP Limited*

                           Manor Farm (Elkstone) Residents Association Limited

                           MGS Precision Limited

                           MRX Dormant Company Limited*

                           MRX Dormant Company Two Limited*

                           MRX Dormant Company Three limited*

                           MRX Dormant Company Seven Limited*

                           Stylex Auto Products Limited

                           Toolspec Manufacturing Company Limited

                           Tube Bend Form International Ltd

                           Vector Industries Limited

                           XL Precision Technologies Limited

Andy Richardson was a director of Stylex Auto Products Limited from 6 August
2019 to 30 November 2021 which was put into administration on 12 June 2020 due
to conditions relating to COVID-19. Administrators have been appointed and the
process is ongoing.

Andy was also a director of Down & Francis Industrial Products Limited
from 16 July 2008 to 11 July 2013. The company was put into administration on
2 April 2013 and subsequently dissolved following liquidation on 7 June 2014.
The total net liabilities to unsecured creditors was £2,000 and related to an
intercompany creditor.

House BI Limited was restored to the Register of Companies by order of court
on 4 September 2015 and therefore Mr Richardson was reinstated as a director
without his prior knowledge. Mr Richardson has no involvement in the company
and is in the process of formally resigning from the company.

House KTP Limited was restored to the Register of Companies by order of court
on 5 August 2015  and therefore Mr Richardson was reinstated as a director
without his prior knowledge. Mr Richardson has no involvement in the company
and is in the process of formally resigning from the company.

MRX Dormant Company Limited, MRX Dormant Company Two Limited, MRX Dormant
Company Three limited, MRX Dormant Company Seven Limited, were all restored to
the Register of Companies by order of court on 13 March 2017, 22 December
2014, 17 November 2015 and 18 May 2016 respectively, and therefore Mr
Richardson was reinstated as a director without his prior knowledge. Mr
Richardson has no involvement in the company and is in the process of formally
resigning from the company.

Buncher and Haseler Limited was restored to the Register of Companies by order
of court on 12 July 2018 and therefore Mr Richardson was reinstated as a
director without his prior knowledge. Mr Richardson has no involvement in the
company and is in the process of formally resigning from the company.

Andy Richardson does not hold any ordinary shares in the Company.

 

 

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