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BAG Barr (a.g.) Plc

607.00
2.00 (0.33%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Barr (a.g.) Plc LSE:BAG London Ordinary Share GB00B6XZKY75 ORD 4 1/6P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.33% 607.00 605.00 608.00 610.00 602.00 605.00 259,088 16:35:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 400M 38.5M 0.3459 17.49 673.3M

Board Change & Trading Update

20/01/2004 7:00am

UK Regulatory


RNS Number:3907U
Barr(A.G.) PLC
20 January 2004

                                                               20 January 2004


                                A.G.BARR p.l.c.

                        Board Changes and Trading Update

A.G.Barr p.l.c., the Glasgow based manufacturer of soft drinks, including the
brands Irn-Bru, Tizer and Orangina, announces that, as of 1st February 2004,
Robin Barr (66) will step down from his current position as full time Executive
Chairman.  Robin Barr will continue as Chairman on a part time basis, remaining
involved in key strategic matters.

Roger White (38), currently Managing Director, has been appointed Chief
Executive.

Trading Update

In advance of the end of its current financial year on 31st January, the Company
also announces that despite the market place continuing to be competitive and
having been somewhat softer since the end of the weather buoyed summer trading
period, it expects full year results to match market expectations.  It is
anticipated that the preliminary statement will be released on 29th March 2004.

Robin Barr said "I am delighted that the succession planning, which saw Roger
White join us from RHM in 2002, has now moved to a successful conclusion.  Roger
has delivered a first class performance since he started as our Managing
Director some eighteen months ago and I am confident that he has both the skills
and the motivation to succeed in his new role as Chief Executive.  I look
forward to the continuing development of the Company and its brands".

Roger White commented "I very much look forward to the challenge of leading the
Company which, while possessing a long and successful history, has - I believe -
the potential to develop much further".

For further information:

A.G. Barr
Robin Barr/Roger White                                Tel: 0141 554 1899

Buchanan Communications
Tim Thompson/Nicola Cronk                             Tel: 020 7466 5000


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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