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Portmeirion

Portmeirion Group - Board Changes update

RNS Number : 4663X
Portmeirion Group PLC
28 August 2020
 

28 August 2020

 

 

 

 

Portmeirion Group PLC

("Portmeirion")

 

Board Changes update

 

Portmeirion, the designer, manufacturer and worldwide distributor of high quality homewares under the Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé brands, is pleased to announce that further to the Board Changes announcement on 4 August 2020, William ("Bill") Robedee will join the Board as President of North America with immediate effect.

Please refer to Annex 1 below for all further disclosure relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

Notes: This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

ENQUIRIES:

 

Portmeirion Group PLC:

Mike Raybould

Chief Executive

+44 (0) 1782 743 443

mraybould@portmeiriongroup.com

David Sproston

Group Finance Director

+44 (0) 1782 743 443

dsproston@portmeiriongroup.com




Hudson Sandler:

Dan de Belder

Nick Moore

+44 (0) 207 796 4133

ddebelder@hudsonsandler.com

nmoore@hudsonsandler.com




Panmure Gordon:

(Nominated Adviser and Broker)                

+44 (0) 207 886 2500


Freddy Crossley / Joanna Langley


Corporate Finance

James Stearns


Corporate Broking

 

N+1 Singer:

(Joint broker)                

+44 (0) 207 496 3000


Peter Steel / Ben Farrow


Corporate Finance

Rachel Hayes


Corporate Broking

 

 

Annex 1

William ("Bill") Joseph Robedee, 51, is, or has been in the previous five years, a director of the following companies:

Current directorships

 

Previous directorships

 

Portmeirion Group Designs, LLC.

 

Portmeirion Group USA, Inc.

 

Portmeirion Canada, Inc.

Nambé LLC.

 

 

In 2019, Bill filed a voluntary petition as an individual to reschedule certain personal debts in the USA, the functional equivalent of an Individual Voluntary Arrangement ("IVA"). It is expected that all of those personal debts will be paid off under a 5-year plan.

 

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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