Stadium Group PLC Appointment of Interim Finance Director (1573U)

TIDMSDM

RNS Number : 1573U

Stadium Group PLC

16 January 2017

Stadium Group plc

("Stadium" or the "Company")

Appointment of Interim Finance Director

Stadium (AIM: SDM), a leading supplier of wireless solutions, power supplies and electronic assemblies, announces the appointment of Andrew Tonks, FCCA, as Interim Finance Director with immediate effect. Andrew has not been appointed to the Stadium Group plc main Board.

Andrew has extensive board and operational experience as a Finance Director in publicly listed and private companies. Most recently Andrew was Interim Finance Director and Interim Commercial Director at e.surv, a division of LSL Property Services plc, and before that served as Interim CEO and CFO of an early stage online marketing business, Peto Limited. From 2007 until 2012, Andrew was CFO of AIM listed technology developer Aerte Group PLC, formerly named Mid-States PLC.

Previously Andrew has held several positions in both the financial function and general management within listed groups such as HomeServe plc, NSB Retails Systems PLC, Alvis Plc (now part of BAe Systems Land UK), ML Holdings plc, United Biscuits plc and BTR plc.

The process to appoint a permanent Finance Director is continuing and a further update will be provided in due course. Joanne Estell, the former Chief Financial Officer, will remain with the Company to ensure a suitable period of handover with Andrew.

For further information, please contact:

 
Stadium Group plc                            www.stadiuminvestors.com 
Charlie Peppiatt, Chief                            Tel: [phone] 
 Executive Officer 
 
Walbrook PR              Tel: [phone] or [e-mail] 
Paul McManus                                       Mob: [phone] 
Helen Cresswell                                    Mob: [phone] 
 
N+1 Singer                                         Tel: [phone] 
Richard Lindley 
Nick Owen 
 

About Stadium Group plc (www.stadiumgroupplc.com)

Stadium Group plc is a leading supplier of wireless solutions, power supplies and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:

   1.    Technology Products (60% of 2016 revenues) 

-- Wireless solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions

-- Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW

   --     Human Machine Interface - intelligent "HMI" integrated solutions 
   2.    Electronic Assembly (40% of 2016 revenues) - previously Electronic Manufacturing Services 
   --     Electronic manufacturing services to global original equipment manufacturers 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 16, 2017 02:00 ET (07:00 GMT)