REG - RTC Group PLC - Board Appointment

RTCAnnouncement

16/10/2024 14:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241016:nRSP4692Ia&default-theme=true

RNS Number : 4692I  RTC Group PLC  16 October 2024

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the UK Market
Abuse Regulation ("MAR"). Upon publication of this Announcement, this
information is now considered to be in the public domain.

 

16 October 2024

RTC Group Plc

("RTC", "the Company" or "the Group")

Board Appointment

 

The Company is pleased to announce the appointment of Wayne Thornhill to the
board of RTC as non-executive director, effective 1 November 2024. Wayne will
also take on the role of independent chair of the remuneration committee.

Wayne is a Fellow of the Institute of Chartered Accountants in England &
Wales and has extensive experience managing United Kingdom and international
businesses, both publicly listed and privately owned, through periods of rapid
growth and change. He has significant experience of corporate transactions
including preparing companies for flotation, delisting, reverse-takeover,
Class 1 transactions and mergers and acquisitions, and has handled both debt
and equity fundraisings and refinancings.  Wayne qualified with Arthur
Andersen in London and has spent over 25 years working with boards and
shareholders to drive shareholder value, typically in a main board CFO/COO
capacity. Wayne is currently CEO of QStory, a leading provider of software
solutions in the workforce management and engagement space.  Wayne studied
American History and Politics at the University of East Anglia and at the
University of Colorado's Boulder campus. He hails from Manchester and lives in
London with his family.

RTC Group's Chairman, Andy Pendlebury, said:

"I am delighted that Wayne has agreed to join the board, his extensive
experience of operational matters and corporate transactions across various
businesses and markets will add significantly to our operational and strategic
strengths.

I believe Wayne's appointment coupled with that of Nick Spoiler as
non-executive and the executive appointment of Paul Crompton, managing
director of Ganymede, completes the process to establish a board of directors
with the appropriate operational knowledge and experience, broad external
independent expertise for governance oversight, and a strong strategic track
record. I believe this will be essential as the group enters the next, and
exciting chapter of its future".

The following information is disclosed pursuant to Schedule Two, paragraph (g)
of the AIM Rules for Companies further below.

Enquiries:

 RTC Group Plc                                                                                  Tel: 0133 286 1835
 Andy Pendlebury, Executive Chairman and Chief Executive
 www.rtcgroupplc.co.uk (http://www.rtcgroupplc.co.uk/)

 SPARK Advisory Partners Limited (Nominated Adviser)                                            Tel: 0203 368 3550

 Matt Davis / James Keeshan

 www.Sparkadvisorypartners.com (http://www.sparkadvisorypartners.com/)

 SI Capital (Broker)                                                                            Tel: 0148 341 3500

 Nick Emerson / Sam Lomanto

 www.sicapital.co.uk (http://www.sicapital.co.uk/)

The names of all companies and partnerships of which Wayne Thornhill, aged 59,
is, or has been a director or partner at any time in the previous five years
are set out below:

 Current directorships or partnerships   Previous directorships or partnerships (in the last five years)
 QStory Limited                          Ecotor Technologies Limited
 QStory Inc
 QStory Limited (Ireland)
 QStory South Africa (Pty)
 LS PMS Limited
 Anchor Mews Management Company Limited

 

Companies that went into liquidation or administration which Wayne Thornhill
was a director of at the time or the twelve months preceding, include:

BCCL Realisations Limited, which appointed administrators on 1 June 2007 and
was dissolved following liquidation on 19 March 2010.

Burgundy Global Limited, which appointed administrators on 1 June 2007 and was
dissolved following liquidation on 18 March 2010.

SQM3 Limited, was dissolved via compulsory strike-off on 23 January 2018,
within twelve months of Wayne Thornhill resigning as director.

SQI3 Solutions Limited, was dissolved via compulsory strike-off on 23 January
2018, within twelve months of Wayne Thornhill resigning as director.

Mr Thornhill does not currently hold any shares in the Company.

 

About RTC

RTC Group Plc is an AIM listed business that focuses on white and blue-collar
recruitment, providing temporary and permanent labour to a broad range of
industries and customers in both domestic and international markets through
its geographically defined operating divisions.

 

UK division

Through its Ganymede and ATA Recruitment brands the Group provides a wide
range of recruitment services in the UK.

 

Ganymede specialise in recruiting technical and engineering talent and
providing complete workforce solutions to help build and maintain
infrastructure and transportation for a wide range of clients. Ganymede is a
market leader in providing a diverse range of people solutions to the rail,
energy, construction, highways, and transportation sectors. With offices
strategically located across the country, Ganymede provides its clients with
the benefit of a national network of skilled personnel combined with local
expertise.

 

ATA Recruitment provide technical recruitment solutions to the manufacturing,
engineering, and technology sectors. Working as an engineering recruitment
partner supporting businesses across the UK. ATA Recruitment has a strong
track record of attracting and recruiting engineering talent for our clients.
ATA's regional offices which are strategically located in Leicester and Leeds
each have dedicated market-experts to ensure ATA delivers excellence to both
our clients and candidates.

 

International division

Through its GSS brand the Group works with customers across the globe that are
focused on delivering projects in a variety of engineering sectors. GSS has a
track record of delivery in some of the world's most hostile locations.
Working closely with its customers GSS provides contract and permanent
staffing solutions on an international basis, providing key personnel into new
projects and supporting ongoing large-scale project staffing needs. GSS
typically recruit across a range of disciplines and skills from operators and
supervisors, through to senior management level.

 

UK Central Services

The Group headquarters are located at the Derby Conference Centre which also
provides office accommodation for its operating divisions in addition to
generating rental and conferencing income from space not utilised by the
Group.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAUNVURSWURAAA