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BMK Benchmark Holdings Plc

43.00
-1.50 (-3.37%)
Last Updated: 08:00:12
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Benchmark Holdings Plc LSE:BMK London Ordinary Share GB00BGHPT808 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -3.37% 43.00 43.00 45.90 43.00 43.00 43.00 1,030 08:00:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 169.74M -23.15M -0.0313 -13.74 317.92M

Benchmark Holdings PLC Board Succession (3979D)

31/01/2018 7:00am

UK Regulatory


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RNS Number : 3979D

Benchmark Holdings PLC

31 January 2018

31 January 2018

Benchmark Holdings plc

("Benchmark" or the "Company" or the "Group")

Board Succession

Benchmark (AIM: BMK), the aquaculture health, nutrition and genetics business, announces ahead of the Company's Annual General Meeting, that its Chairman Alex Hambro has communicated his intention to retire from the Board to focus on his other business interests and non-executive roles. Accordingly, the Board has commenced a search for his successor, and will plan for an orderly handover once an individual is identified.

This process corresponds with the Company's ongoing transition from a phase of rapid acquisition-led growth since its IPO in December 2013, to one more focused on organic growth, integration and operational execution. Over the last three years, Benchmark has built an international platform with strong market positions in health, advanced nutrition and genetics, that are each centred on the large and growing aquaculture market.

The Group is now focused on improving its profitability through leveraging its global platform and is reviewing its activities in areas that fall outside of aquaculture. As reported in our recent preliminary results, substantial progress is being achieved across all of the Group's activities.

Alex Hambro said:

"Since the IPO in 2013, Benchmark has created a unique group, comprised of a team of the most talented aquaculture professionals to be found anywhere in the world, and which would be impossible to replicate. Now that the strategic focus of the business has switched to the international integration of the operating divisions, I look forward to bringing my successor on board and ensuring a seamless handover."

ENDS-

 
Benchmark Holdings plc             Tel: 020 7260 1000 
Malcolm Pye, CEO 
Ivonne Cantu, Investor Relations 
 Director 
Rachel Aninakwah, Communications 
 
Numis                              Tel: 020 7260 1000 
Michael Meade / Freddie Barnfield 
 (NOMAD) 
James Black (Corporate Broking) 
 
MHP 
Katie Hunt / Reg Hoare /Alistair   Tel: 020 3128 8742 
 de Kare-Silver                     07551 170 451 
                                    benchmark@mhpc.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOALLFEDLDIIVIT

(END) Dow Jones Newswires

January 31, 2018 02:00 ET (07:00 GMT)

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