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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Portmeirion Group Plc | LSE:PMP | London | Ordinary Share | GB0006957293 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.50 | -1.04% | 237.50 | 230.00 | 245.00 | 240.00 | 237.50 | 240.00 | 20,928 | 09:36:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Homefurnishings Stores | 102.74M | -8.46M | -0.6146 | -3.86 | 32.68M |
TIDMPMP
RNS Number : 2394B
Portmeirion Group PLC
01 June 2023
1 June 2023
Portmeirion Group PLC
(the "Group" or the "Company")
Board Appointment
Portmeirion Group PLC, the owner, designer, manufacturer and omni-channel retailer of leading homeware brands in global markets, announces that Jeremy Wilson has been appointed as a Non-executive Director with immediate effect.
Jeremy is a highly experienced professional at both executive and board level, having held several positions as Chief Financial Officer including at Focusrite plc from 2014 to 2021. His expertise in performance management, business transformation and international growth will support in the delivery of the Group's strategy.
On appointment, Jeremy will also become a member of the Audit, Remuneration and Nomination Committees.
Commenting on the appointment, Dick Steele, Non-executive Chairman said:
"I am delighted to welcome Jeremy to Portmeirion Group as a Non-executive Director. Jeremy's broad expertise and deep industry experience will be extremely valuable. His appointment will further strengthen our independence and the experience of the Board. The Board looks forward to working with Jeremy."
Please refer to Annex 1 for all further disclosure relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.
ENQUIRIES:
Portmeirion Group PLC: Dick Steele, Non-executive +44 (0) 1782 Chairman 743 443 Mike Raybould, Chief Executive +44 (0) 1782 mraybould@portmeiriongroup.com 743 443 David Sproston, Group Finance +44 (0) 1782 dsproston@portmeiriongroup.com Director 743 443 Hudson Sandler: Dan de Belder +44 (0) 207 796 portmeirion@hudsonsandler.com 4133 Nick Moore Emily Brooker Shore Capital: (Nominated Adviser and Joint +44 (0) 207 408 Broker): 4090 Patrick Castle Corporate Advisory Lucy Bowden Malachy McEntyre Corporate Broking Singer Capital Markets +44 (0) 207 (Joint Broker): 496 3000 Peter Steel Investment Banking Asha Chotai
ANNEX 1
Regulatory Disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies)
Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointments of Jeremy Michael Charles Wilson, aged 56. Mr Wilson does not hold any beneficial interest in the Company's share capital.
Jeremy Wilson, is, or has been in the previous five years, a director of the following companies:
Current directorships Previous directorships Summerisle Finance Ltd Crikey Bikey Ltd Focusrite Audio Engineering Limited Focusrite Australia Pty Ltd Focusrite Group US, Inc (formerly Focusrite Novation, Inc) Focusrite Novation Asia Limited Focusrite plc Martin Audio Limited Optimal Audio Group Limited Pro Audio Beteiligungs Gmbh -----------------------------------
NOTES TO EDITOR:
Portmeirion Group PLC is a leading, omni-channel British ceramics manufacturer and retailer of leading homeware brands.
Based in Stoke-on-Trent, United Kingdom, the Group owns six unrivalled heritage and contemporary brands, with 750+ years of collective heritage; Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé .
The Group serves markets across the world, with global demand driven by diversified international markets including the key geographies of the US, UK and South Korea.
Portmeirion Group has a proven capital-light, well developed and self-funded growth strategy focused on building a wider customer base and growing the sales footprint of its brands, through:
-- Building and growing international sales markets -- Developing online sales channels in core markets -- Designing and launching new product to widen appeal and take market share -- Leveraging brands and extensive product ranges
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June 01, 2023 02:00 ET (06:00 GMT)
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