Best of the Best PLC Board changes (8430Z)

TIDMBOTB

RNS Number : 8430Z

Best of the Best PLC

20 December 2017

Best of the Best plc

("Best of the Best", "BOTB" or "the Company")

Board Changes

Best of the Best PLC (LSE: BOTB), the principally online organiser of weekly competitions to win luxury cars, announces the following changes to the Company's Board of Directors.

The Company regrets to announce that Colin Hargrave, Non-Executive Director of the Company, has decided to step down from the Board of BOTB after a period of ill-health with effect from 1 January 2018. This follows the Company's announcement on 8 December 2016 that Mr. Hargave was taking an extended leave of absence from his duties on the audit and remuneration committees in order to recover from a medical condition. Unfortunately, Colin's health has not improved to the extent that he is able to resume these roles and, in agreement with the Company, has taken the decision to leave the Company to fully focus on his recovery.

Colin joined the Board of BOTB in 2008 and his wealth of retail sector experience has proved highly valuable to the growth that the Company has seen since that time and he will be much missed.

Since the announcement of Colin's ill health last year, David Clifford has stood in to cover the committee roles on an interim basis in a non-Board capacity.

Following a search for a permanent replacement for Colin, the Board is today pleased to announce that David Firth has agreed to join the Board as new Non-Executive Director and will commence his role on 1 January 2018.

David currently serves as a Non-Executive Director of Parity Group Plc ("Parity"), where he holds the role of Chairman of the Remuneration and Audit Committees. He was previously a member of the finance team at Parity for the period 1993 to 1999 and served as its Group Finance Director from 1995. Most notably, David served as Finance Director of AIM-listed Penna Consulting Plc ("Penna") for over 16 years until Penna was acquired by Adecco Group AG in May 2016 for GBP105m and he brings a wealth of experience of high growth, public companies and markets. Prior to this role, David held senior finance positions in public companies across a number of sectors including financial markets, recruitment, IT services, motor retailing and advertising, including at European Motor Holdings Plc, a quoted motor retail and services group operating across the UK.

Commenting on the Board changes, CEO William Hindmarch, stated:

"On behalf of the Board I would like to take this opportunity to express our deep gratitude to Colin for his invaluable contribution to the Company over many years and our very best wishes for his ongoing recovery. I would also like to thank David Clifford for covering Colin's duties for the last year to great effect.

We are delighted to welcome David to the BOTB Board. David's broad public markets experience, both in executive and non-executive capacities will prove highly beneficial to the Board going forward and we look forward to working together."

Enquiries:

 
 Best of the Best      William Hindmarch,           T: 020 7371 
  plc                   Chief Executive              8866 
                        Rupert Garton, Commercial 
                        Director 
 KTZ Communications    Katie Tzouliadis             T: 020 3178 
                                                     6378 
 finnCap Ltd           Corporate Finance            T: 020 7220 
  (Nominated Adviser    Carl Holmes                  0500 
  & Broker)             Anthony Adams 
                       Corporate Broking 
                        Andrew Burdis 
 

The following information regarding the appointment of David Samuel Peter Firth, aged 57, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

 
  Current directorships         Former directorships and/or 
   and/or partnerships:          partnerships (within the 
                                 last five years): 
 Parity Group Plc               Penna Plc 
                                Penna Executive Development 
 WMH Associates Limited          Limited 
 Career Cafe Limited            Penna Interim Limited 
 360 Adsfab Limited             Penna Holdings Limited 
                                Penna Executive Selection 
 Cedar TM Limited                Limited 
 Penna Consulting (NI)          Penna Change Consulting 
  Limited                        Limited 
 Penna Board Services Limited   Penna Consultants Limited 
 Quantum Development And 
  Outplacement Services 
  Limited                       Penna Trustees Limited 
                                Penna Career Consulting 
 Working Transitions Limited     Limited 
                                Penna Resourcing Solutions 
 Savile Group Plc                Limited 
 Fairplace Cedar Limited        Penna Assessment Limited 
 Penna Management Services      Penna Human Capital Management 
  Plc                            Limited 
 Penna Executive Coaching 
  Limited                       Portrush Resourcing Limited 
 Meridian Consulting Limited    Sherman Services Limited 
                                Talisman Information Systems 
 Penna BBM Limited               Trustees Limited 
 The Resourcing Centre          360 Degrees Advertising 
  Limited                        Limited 
 GHN Limited                    360 Education Limited 
 Nethouse Trading Limited       Career Star Group Limited 
 Penna International Limited    Century Resources Ltd 
 Selby Millsmith Limited        Crane Davies Limited 
 Penna Executive Search         Group Counselling Services 
  Limited                        Plc 
                                Astorg Recruitment Limited 
 

As at the date of this announcement, Mr Firth does not have an interest in the ordinary shares of the Company.

There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 20, 2017 02:00 ET (07:00 GMT)