IG Design Group PLC Appointment of Group Chief Financial Officer (4957Y)

TIDMIGR

RNS Number : 4957Y

IG Design Group PLC

05 May 2023

5 May 2023

IG Design Group Plc

('Design Group' or the 'Group')

Appointment of Group Chief Financial Officer

IG Design Group plc, one of the world's leading designers, innovators and manufacturers of Gift Packaging, Celebrations, Craft & Creative Play, Stationery, Gifting and related product categories, is pleased to announce the appointment of Rohan Cummings as Chief Financial Officer, effective from 3(rd) July 2023.

Rohan joins the Group from Devro Limited (formally Devro PLC which was listed on the LSE), a global leader in the supply of collagen casing and films, where he has been the group's CFO since 2020. During his tenure, Rohan was instrumental in the delivery of revenue growth and increased profitability. Devro supplies to customers in 100 countries through its global manufacturing footprint.

A fter qualifying as a Chartered Accountant with PricewaterhouseCoopers, Rohan has held a number of senior positions within global organisations. Between 2016 and 2020 Rohan spent four years at Asahi Group Holdings, the Japanese global beer, spirits, soft drinks and food group , as CFO of Asahi International and CFO of Asahi Europe. Prior to this, Rohan spent 14 years at SABMiller joining in 2002, working in a number of international finance roles across that group culminating in CFO for Birra Peroni in 2014, where he implemented strategies to support revenue and profitability growth. Rohan played an important role in the carve out of the businesses acquired by Asahi Group in 2016 as part of the ABInbev acquisition of SABMiller.

Stewart Gilliland, Chair of IG Design Group, said:

"We are delighted to welcome someone of Rohan's calibre to the Group. Rohan has extensive PLC experience, has worked within complex global operations as well as significant commercial and strategic capabilities. The board and I are looking forward to working with him as we continue on our journey of driving the business forward."

The following information on Rohan Cummings , aged 48, is provided in accordance with rule 17 of the AIM Rules for Companies:

Mr Cummings holds or has held the following directorships/partnerships in the past five years:

 
 Current Directorships/Partnerships   Former Directorships/Partnerships 
                                       (past five years) 
 Devro Limited (formally plc)         Nectar Imports Limited 
  - resignation effective by 30        Meantime Brewing Company Limited 
  June 2023                            The Darkstar Brewing Company 
                                       Limited 
                                       PGM Procurement Limited 
                                       Cornish Orchards Ltd 
                                       Asahi Brands UK Limited 
                                       Asahi Premium Brands Ltd 
                                       Asahi UK Ltd 
                                       Asahi International Ltd 
                                       Grolsch Canada Inc. 
                                       Peroni Brewing Quebec Inc. 
                                       Birra Peroni s.r.l. 
                                       Asahi Beer Asia Ltd - Hong Kong 
                                       AE Brands Korea 
                                       NAB Korea Company 
                                       Koninklijke Grolsch N.V. 
                                     ---------------------------------- 
 

There is no further information to be disclosed pursuant to Schedule Two (g) of the AIM Rules for Companies.

For further information, please contact:

 
 IG Design Group Plc                Tel: [phone] 
  Stewart Gilliland, Chair 
  Paul Bal, CEO & CFO 
 Canaccord Genuity Limited (Nomad   Tel: [phone] 
  and Broker)                        8000 
  Bobbie Hilliam 
 Alma PR                            Tel: [phone] 
  Sam Modlin                         0209 
  Josh Royston                       [e-mail] 
  Pippa Crabtree 
 

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310.Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOASSLFWLEDSEEI

(END) Dow Jones Newswires

May 05, 2023 02:00 ET (06:00 GMT)