Premier Veterinary Group PLC Appointment of Chief Financial Officer (6058A)

TIDMPVG

RNS Number : 6058A

Premier Veterinary Group PLC

13 September 2018

PREMIER VETERINARY GROUP PLC

("PVG", the "Company" or the "Group")

Appointment of Chief Financial Officer

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

London, UK, 13 September 2018 (LSE: PVG): PVG is pleased to announce that Andy Paull has been appointed as Chief Financial Officer, Company Secretary and Executive Director of the Company with effect from 30 November 2018. As previously announced on 22(nd) August 2018, the Company's current Chief Financial Officer, Will Evans, will be leaving the business on 30 November 2018 and arrangements are in place ahead of his departure to provide a smooth handover of responsibilities to Mr Paull.

Andy joins PVG following 5 successful years as Finance Director of AmerisourceBergen Animal Health UK ("ABAH UK"), the UK animal health business of AmerisourceBergen Inc. During his tenure, the business developed through the acquisition of veterinary buying groups and a practice management software provider to complement its core wholesale business. Prior to that Andy held senior finance positions with Ovo Energy Ltd during its early growth, and with Whitbread plc in both the restaurants and hotels business units after qualifying as an accountant during 7 years with Inbev UK (now part of AB InBev).

Dominic Tonner, Chief Executive Officer commented:

"I am delighted our company has been successful in attracting someone with Andy's track record and industry expertise. Having headed up the financial team at ABAH UK, a GBP250m turnover business in Nasdaq quoted AmerisourceBergen Inc's animal health division, he brings a wealth of knowledge and ideas to help us in this next phase of our journey. This appointment further strengthens the board following the appointment of Neil Wood MBE as Non-Executive Director, creating more strength in depth in our pursuit of building a global leadership position in small animal preventative health."

There are no further disclosures required under LR 9.6.13.

-Ends-

For further information, please contact:

 
 Premier Veterinary Group plc      Tel: [phone] 
 Dominic Tonner, Chief Executive 
  Officer 
 Will Evans, Chief Financial 
  Officer 
 

Note to Editors:

PVG's services to third party veterinary practices, through its wholly owned subsidiary, Premier Vet Alliance Limited ("PVA"), include the administration and support of a preventative healthcare programme for pets branded "Premier Pet Care Plan" ("PPCP"). In the US, where veterinary practices are known as veterinary hospitals, PPCP is marketed through the Company's wholly owned subsidiary, Premier Vet Alliance (US) Limited.

PPCP is a structured, preventative healthcare programme for cats, dogs and rabbits and is available only through veterinary practices/hospitals. The programme is seen as a way of providing gold standard care for pets at an affordable price for the client, by way of fixed monthly payments.

PPCP uses a clinical approach to prevention, as this is the most effective method of ensuring illnesses are diagnosed more quickly and not given a chance to advance. What truly sets PPCP apart is its unique approach of offering an end-to-end solution and support to the practice/hospital, which has been proven to work extremely well. PVA works alongside practices/hospitals to create a tailor-made, cost-effective service for clients, one that delivers excellent care to their patients and significantly improves practice/hospital performance.

For further details:

www.premiervetgroup.co.uk

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September 13, 2018 02:01 ET (06:01 GMT)