Ergomed plc Board appointment (1615T)

TIDMERGO

RNS Number : 1615T

Ergomed plc

02 July 2018

PRESS RELEASE

Board appointment

Ergomed strengthens Management Team and Board with appointment of Stuart Jackson as Chief Financial Officer

London, UK - 2 July 2018: Ergomed plc, (LSE:ERGO) ("Ergomed" or the "Company") a company focused on providing specialised services to the pharmaceutical industry, today announces a change to its Board and management team with the appointment of Stuart Jackson as Chief Financial Officer with immediate effect.

Stuart brings with him 20 years' experience at Chief Financial Officer level, having managed companies on the London, NASDAQ and Oslo Stock Exchanges. He has significant international experience in early stage and growth companies as well as managing significant and complex change projects. Stuart's experience has been gained primarily in the energy and technology/telecommunications sectors where consistent project service delivery across a number of geographies has been a key feature of business success.

He was Chief Financial Officer at Acergy SA responsible for the financial restructuring of the business and implementation of the new business strategy which took Acergy from $0.1bn to $6.0bn market capitalisation over a four year period. More recently he was Chief Financial Officer at CEONA, a Goldman Sachs Capital Partners group of companies, where he was responsible for the early stage set-up and growth of the business and Bibby Offshore Holdings Limited where, as Chief Financial Officer, he also managed the strategic development and M&A activities and oversaw its recent recapitalisation.

Stephen Stamp, Chief Executive Officer of Ergomed commented: "Stuart brings to Ergomed a strong track record of delivery within project and service related businesses on an international scale. His experience in non-healthcare services businesses will provide a broader perspective to our project delivery and he will play an integral role in enhancing the strong foundations of Ergomed as we seek to deliver our strategy of taking a market leading positon. I very much look forward to working closely with Stuart in the next stage of our exciting development."

Peter George, Chairman of Ergomed commented: "I am very pleased to welcome Stuart to the Ergomed plc board. His expertise and experience across a broad range of businesses will be invaluable as we continue to grow our services and expand into new related areas."

Stuart holds a BSc in Accounting & Financial Management from Loughborough University of Technology and he is a Fellow of the Chartered Institute of Management Accountants. He has a beneficial holding of 1,845 ordinary shares in the Company.

Save as disclosed below, in relation to current and prior directorships, Ergomed confirms that there are no further disclosures to be made in relation to Rule 17 of paragraph (g) of Schedule Two of the AIM Rules for Companies in respect of Stuart Jackson's appointment.

Mr Stuart Robert Jackson, aged 58, currently holds and has held the following directorships in the past five years:

 
 Current directorships:      Amava Resorts Pty 
                              Key Energy Finance Limited 
                              Tortuga Energy Services Limited 
 Directorships in the past   Bibby Offshore Holdings Limited 
  five years:                 Bibby Offshore Services Plc 
                              Bibby Subsea Inc. 
                              Bibby Subsea Rov 
                              Ceona Chartering (UK) Limited 
                              Ceona Contracting (UK) Limited 
                              Ceona Equipment Limited 
                              Ceona Holding Ltd 
                              Ceona Investments Limited 
                              Ceona Pte. Ltd. 
                              Ceona Services (UK) Limited 
                              Ceona Ship 1 Limited 
                              Ceona Ship 2 Limited 
                              Ceona Ship 3 Limited 
                              Ceona Ship Holdings Limited 
                              Newco 987 Limited 
                              Oig Giant I Pte. Ltd. 
                              Oig Giant Ii Pte. Ltd. 
                              Project Development International 
                              Limited 
                              Tartaruga Limited 
                            ----------------------------------- 
 

- Ends -

Enquiries:

 
 Ergomed plc                                       Tel: [phone] 
                                                                     205 
 Stephen Stamp (Chief Executive Officer) 
 
 Numis Securities Limited                           Tel: [phone] 
                                                                    1000 
 Michael Meade / Freddie Barnfield (Nominated 
  Adviser) 
 James Black (Joint Broker) 
 
 N+1 Singer                                         Tel: [phone] 
                                                                    3000 
 Aubrey Powell (Joint Broker) 
 
 Consilium Strategic Communications - for           Tel: [phone] 
  UK enquiries                                                      5700 
 Chris Gardner / Mary-Jane Elliott           [e-mail] 
  Ivar Milligan / Olivia Manser 
 
 MC Services - for Continental European           Tel: [phone] 
  enquiries 
 Anne Hennecke 
 
 

About Ergomed plc

Ergomed provides specialist services to the pharmaceutical industry spanning all phases of clinical development, post-approval pharmacovigilance and medical information. Ergomed's fast-growing, profitable services offering encompasses a complete suite of specialist pharmacovigilance solutions, integrated under the PrimeVigilance brand, in addition to a full range of high quality contract research and trial management services (CRO). Leveraging its CRO expertise, Ergomed also has a drug development portfolio of co-development partnerships and wholly-owned programmes. For further information, visit: http://ergomedplc.com

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July 02, 2018 02:00 ET (06:00 GMT)