REG - Xaar PLC - CEO Succession

XaarAnnouncement

11/10/2019 07:05

RNS Number : 5483P
Xaar PLC
11 October 2019
 


THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014
Xaar plc
CEO Succession
The Board of Xaar plc ("Xaar" or the "Company") is pleased to provide an update on its Board succession and changes announcement of 26 September 2019.
The handover of responsibilities and transition have progressed very well and so consequently Doug Edwards has agreed with the Board to confirm John Mills as Chief Executive Officer from today and to step down from the Board.
Doug will continue to be available to the Company until 31 March 2020 as previously announced, and will remain Chairman of Xaar 3D Limited until 31 December 2019. In addition, he will be working with Xaar's US based Product Print Systems business on their current business plan and the migration of the management relationships to John and the Xaar Board.
No further information is required to be disclosed under Listing Rule 9.6.13R.
 
Enquiries:



Xaar plc
Doug Edwards


+44 (0)1223 423 663
 




Robin Williams, Chairman
John Mills, Chief Executive Officer


 
 














Tulchan Communications


+44 (0)20 7353 4200




James Macey White
David Ison







 




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 or visit www.rns.com.
 
END
 
 
BOACKKDDOBDDDKD