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AVN Avanti Communications Group Plc

0.0526
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avanti Communications Group Plc LSE:AVN London Ordinary Share GB00B1VCNQ84 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0526 0.05 0.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Avanti Communications Group Plc Directorate Change (4573K)

14/12/2018 7:01am

UK Regulatory


Avanti Communications (LSE:AVN)
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RNS Number : 4573K

Avanti Communications Group Plc

14 December 2018

14 December 2018

Avanti Communications Group plc

Board Changes - Chairman succession plans

Avanti Communications Group plc, announces that as part of a succession planning process, Paul Walsh will be stepping down as Chairman of the Company on 30 June 2019. He will be succeeded by current Deputy Chairman, Alan Harper.

Paul Walsh has been Chairman of Avanti since 2014. Alan Harper joined the board in March 2017 as non-executive director, and was appointed Interim Chief Executive from August 2017 to April 2018. He became Avanti's Deputy Chairman in November this year.

Avanti Chief Executive, Kyle Whitehill, said: "The Board would like to record its thanks for Paul's contribution over the last four years, which have been extraordinarily challenging for the business. Without his energy, determination, advice and professionalism it is impossible to imagine the company emerging in its new form. We are enormously grateful to him."

"Alan was also instrumental in helping the company through its organisational and structural challenges last year and handed over to me as chief executive having achieved major change and business improvement during that period. I look forward to working with him as our new chairman next year."

For further information, please contact:

 
Avanti Communications Group  Nigel Fox, Chris McLaughlin 
 plc                          Tel: +44 20 7749 1600 
Montfort                     Nick Miles, James Olley 
                              Tel: +44 203 770 7909 
Cenkos Securities (Nomad)    Max Hartley 
                              Tel: +44 207 397 8900 
Newgate Communications       Ralph Anderson 
                              +44 (0)20 3757 6883 
 

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

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(END) Dow Jones Newswires

December 14, 2018 02:01 ET (07:01 GMT)

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