Xpediator PLC Directorate Change (0932M)

TIDMXPD

RNS Number : 0932M

Xpediator PLC

19 January 2021

19 January 2021

XPEDIATOR PLC

("Xpediator" or the "Company" or the "Group")

Appointment of CFO

Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Central and Eastern Europe is pleased to announce the appointment of Michael Williamson as Chief Financial Officer ("CFO") of the Group. It is intended that Michael will commence his role and be appointed to the Board with effect from 1 March 2021.

Michael is a qualified chartered accountant with more than 20 years' experience in publicly listed and privately owned shipping, logistics and freight forwarding companies. He is currently Global Director Finance & Controlling and Regional CFO of Northern Europe for Rohlig Logistics, an international freight forwarder with annual group revenues in excess of EUR900 million. Prior to joining Rohlig Logistics in 2016, Michael was CFO of the Ports and Terminals Division at Grindrod Limited, a South African based logistics freight forwarding business listed on the JSE. He has held senior management positions at Grindrod Limited since 1998 with numerous responsibilities in finance, strategy and risk management.

Commenting on the appointment, Robert Ross, CEO, said, "I am looking forward to working with Michael. He brings a high level of sector experience and extensive expertise of working with cross-border freight forwarding operations. He is a high calibre individual with the requisite skills to match the growth ambitions of the Xpediator Group."

The following disclosures are in accordance with Schedule 2(g) of the AIM Rules for Companies:

Full name (age)

Michael Williamson (49)

Current directorships:

Rohlig UK Ltd

Rohlig Projects Ltd

Rohlig Blue Services India Private Limited

Previous directorships / partnerships (in the last five years):

Grindrod Mozambique Limitada

Walvis Bay Bulk Terminal (Pty) Ltd

As at today's date, Mr Williamson does not hold any ordinary shares in the capital of the Company, however in accordance with the Company's Long Term Incentive Plan for Directors' and key management, Michael will be granted nil cost options for ordinary shares in the share capital of the Company on the 1 March 2021. The relevant disclosures will be made when options are issued.

There are no further disclosures pursuant to Schedule 2(g) of the AIM Rules for Companies to be made in respect of Mr Williamson's appointment.

Enquiries

 
 Xpediator plc 
 Robert Ross, CEO                                      Tel: [phone] 
                                                        239 
 
 Cenkos Securities plc (Nominated Adviser)             Tel: [phone] 
                                                        8900 
 Max Hartley, Max Gould (Corporate Finance) 
 Nick Searle (Sales) 
 Novella Communications (Financial Public Relations)   Tel: [phone] 
                                                        7008 
 Tim Robertson 
 Fergus Young 
 

About Xpediator:

Xpediator is a well-established international provider of freight management services. Established in 1988, the Group's international network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through its three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs over 1,000 people and was successfully listed on London's AIM market in 2017.

For more information, please visit: www.xpediator.com .

Alternatively, do follow us on Twitter at @Xpediator or find us on LinkedIn at Xpediator Plc .

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January 19, 2021 02:00 ET (07:00 GMT)