REG - STV Group PLC - Directorate Changes

STVAnnouncement

Thu 07:02

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RNS Number : 7204A  STV Group PLC  25 September 2025

 

0700 hrs, 25 September 2025

LEI Number: 21380075GOOTTBDNDJ58

Directorate changes

STV Group PLC (the "Company") announces that Paul Reynolds, Chairman, has
given the Board notice of his intention to step down as Chairman and Director
of the Company by the end of 2025.  Paul joined the Board in February 2021
and has served as Chair since April 2021.

The Board is pleased to announce that, following a search process, Clive
Whiley will join the Board from 1 October 2025 as Non-Executive Director and
Chair Elect and will succeed Paul Reynolds when he steps down.

Clive Whiley was previously non-executive Chairman of De La Rue plc and brings
with him over forty years' experience in executive and non-executive director
roles across a wide range of industries and geographies in both regulated and
listed companies since becoming a Member of the London Stock Exchange in
1983.  Clive is also non-executive Chairman of Mothercare plc and  Senior
Independent Director of Griffin Mining Limited.  Clive has been appointed
 as a non-executive director of Mpac Group plc with effect from 1 October
2025. He was previously Chairman of Dignity plc, Senior Independent Director
of Sportech plc and a non-executive director of Grand Harbour Marina plc,
Camper & Nicholsons Marina Investments Limited and Stanley Gibbons Group
plc.

Paul Reynolds said: "As a Scot who grew up with STV, it has been my great
privilege to chair this iconic company over the last 5 years.  We have
continued to grow our brand strength with viewers and advertisers whilst
meeting the challenge of diversifying, such that over half our revenues now
come from award-winning TV productions for national and international
streamers and broadcasters. The STV Children's Appeal has also been a
highlight, distributing over £37 million across Scotland.

"I am confident our FastFwd strategy will continue that journey and bring us
new audiences and advertisers while we grow our leading TV production
business.

"I look forward to welcoming Clive to the Board.  Demand for advertising and
new shows is currently weak, in line with the UK economy, and Clive's huge
experience will be very helpful in navigating through this tough period,
keeping STV strong for the opportunities that the inevitable upturn will
bring.  I'll work closely with him over the next few months to ensure a
smooth transition."

Clive Whiley said:

"I am looking forward to joining the STV Board as the company seeks to deliver
the strategy announced earlier this year to grow the business and create
value.

My non-executive career has been characterised by applying my experience of
listed and regulated environments to fresh challenges, where I actively seek
opportunities to operate in new sectors, with the media industry currently
undergoing a period of exceptional change."

Save as the directorships disclosed above, and that Clive Whiley was a
director of XLIV Limited in the twelve months preceding the company being
placed into creditors' voluntary liquidation in October 2000 - Mr Whiley
resigned in 1999 - there are no further details to be disclosed pursuant to UK
Listing Rule 6.4.8.

 

 Enquiries:

STV Group plc:

Kirstin Stevenson, Head of Communications, Tel: 07803 970106

 Camarco:

Geoffrey Pelham-Lane, Partner, Tel: 07733 124 226

Ben Woodford, Partner, Tel: 07790 653 341

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