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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Science In Sport Plc | LSE:SIS | London | Ordinary Share | GB00BBPV5329 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.75 | 15.50 | 16.00 | 15.75 | 15.75 | 15.75 | 61,716 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Health & Allied Services,nec | 63.77M | -10.91M | -0.0640 | -2.46 | 26.83M |
TIDMSIS
RNS Number : 2358O
Science in Sport PLC
01 October 2019
1 October 2019
SCIENCE IN SPORT PLC
("SiS", "Company" or "Group")
Directorate Change
Science in Sport plc (AIM: SIS), the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community, announces that Non-Executive Director Raymond Duignan has indicated his intention to step down from the Board in due course, pending the appointment of a new Non-Executive Director.
Raymond, who joined the Board on 1 July 2015, will continue to chair the Company's Audit Committee until his successor is in office and an orderly transition of responsibilities has taken place.
The recruitment process for the appointment of the new Non-Executive Director is underway and further announcements will be made as appropriate.
John Clarke, Science in Sport's Non-Executive Chairman, commented:
"On behalf of the Board, I would like to express sincere thanks to Raymond for his important contribution to Science in Sport over the past four years, which represent a period of transformational progress at the Company during which we have significantly extended our product offering and built out our e-commerce and international growth platforms. Raymond's counsel was of particular value in the strategic acquisition of the PhD brand in December last year and our successful entry into the rapidly growing protein and nutritional bar markets. We look forward to working with Raymond during the coming weeks and wish him well for the future."
For further information:
Science in Sport plc Stephen Moon, Chief Executive Officer James Simpson, Chief Financial Officer +44 (0) 20 7400 3700 Liberum Nominated adviser and broker Bidhi Bhoma James Greenwood +44 (0) 20 3100 2000 Buchanan Communications +44 (0) 20 7466 5000 Financial PR ScienceInSport@buchanan.uk.com Mark Court Vicky Hayns Tilly Abraham
Notes to Editors
About Science in Sport plc
Science in Sport plc is a leading sports nutrition business that develops, manufactures and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts and the gym lifestyle community. The Company has two highly regarded brands: PhD Nutrition, a premium protein brand targeting gym lifestyle and sports enthusiasts, and SiS, a leading brand among elite athletes and professional sports teams.
The two brands are sold internationally through multiple retail channels, both traditional and online, including major supermarkets and high street chains, specialist sports retailers and e-commerce sites including Amazon and the brands' own websites. They enable the Company to address the full breadth of the performance nutrition market currently estimated at approximately GBP10 billion worldwide.
PhD is one of the UK's leading protein brands with a reputation for high quality and product innovation. The brand has grown rapidly, based on its core protein powders, since launch in 2005. The range now comprises powders, bars, flapjacks, drinks and other products including the high protein, low sugar range, PhD Smart. PhD is the exclusive sports nutrition supplier to David Lloyd Clubs and its brand ambassadors include rapper Bugzy Malone, WBA international champion Jordan Gill and Team GB Olympic sprinter Asha Philip.
SiS, founded in 1992, has a core range comprising gels, powders and bars focused on energy, hydration and endurance. SiS is the official sports nutrition supplier to many professional cycling teams and organisations including Team INEOS, British Cycling, Cycling Australia, USA Cycling and USA Triathlon. SiS supplies more than 80 professional football clubs in the UK and is an official partner to British Triathlon and the Rock 'n' Roll Marathon Series. SiS brand ambassadors include Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Adam Peaty MBE.
Science in Sport is headquartered in London. Its shares joined the AIM market of the London Stock Exchange in August 2013 and trade under the ticker symbol SIS.
For further information, please visit www.scienceinsport.com
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 rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
October 01, 2019 02:01 ET (06:01 GMT)
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