FIH Group PLC Appointment of Chairman (2299P)

TIDMFIH

RNS Number : 2299P

FIH Group PLC

30 August 2017

30 August 2017

FIH group plc

("FIH" or "the Company")

Appointment of Chairman

FIH group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics is pleased to announce the appointment of Robin Williams as non-executive Chairman, with effect from 11 September 2017.

Robin brings to FIH a wide breadth of corporate experience, gained at a range of quoted and private businesses as well as ten years in investment banking. He is currently Chairman at Xaar plc, the AIM quoted, Cambridge based inkjet print head manufacturer. In addition, he chairs NHS Professionals Ltd, a business owned by the Department of Health. He is also a non-executive director at Van Elle Plc, the UK's largest independent ground engineering contractor.

Robin qualified as an accountant in 1982 after graduating in engineering science from the University of Oxford. He worked in corporate finance for ten years at investment banks including Salomon Brothers and UBS before leaving the City in 1992 to co-found the packaging business Britton Group plc. In 1998, he moved to Hepworth plc, the building materials group, and since 2004 he has focused on non-executive work in public, private and private equity backed businesses.

It is intended that Robin will initially chair the Company's nomination committee.

Commenting on the appointment, John Foster, CEO of FIH, said: "We are delighted to welcome Robin to our Board. Robin has extensive corporate and PLC board experience, as well as many years of involvement within essential services businesses and we look forward to his contribution to the Company.

"The Board would also like to extend our sincere thanks to Jeremy Brade who has been acting chairman since May 2017 and who will remain on the Board as a non-executive director"

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Robin George Walton Williams, age 60 years, has been a director of the following companies during the five years preceding the date of this announcement:

 
     Current directorships        Past directorships 
     Van Elle Plc                 Nanoco Group plc 
     Xaar plc                     NHS Property Services Ltd 
     NHS Professionals Ltd        DCI Biologicals Inc. 
     26 Gledhow Gardens Ltd       Bio Products Laboratory Holdings 
                                   Ltd 
                                  Bio Products Laboratory Ltd 
                                  Baronsmead VCT 4 plc 
                                  AH Worth & Co Ltd 
                                  Castleton Technology Holdings 
                                   Ltd 
                                  Maxima Holdings plc 
 
 

Further information to be disclosed: Killby & Gayford Group (covering Killby & Gayford Consolidation, Killby & Gayford Holdings and Killby & Gayford Ltd.) was backed by private equity and entered into administration in April 2012, approximately seven months following Robin's resignation as non-executive chairman. Killby & Gayford Group traded profitably throughout Robin's tenure.

There is no further information to be disclosed pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

Further enquiries:

 
 
     FIH Group plc                          Tel: [phone] 
     John Foster 
 
     WH Ireland Limited                     Tel: [phone] 
     Nominated Adviser and Broker 
      to FIH 
     Adrian Hadden / Jessica Cave 
      / Alex Bond 
 
     FTI Consulting                         Tel: [phone] 
     Communications adviser to FIH 
     Edward Westropp / Eleanor Purdon 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 30, 2017 02:00 ET (06:00 GMT)