05 July
2024
Gear4music (Holdings) plc
Board Succession
Update
Gear4music (Holdings) plc
("Gear4music", "the Company" or "the Group"), the largest UK based online retailer of
musical instruments and music equipment, is pleased to confirm the
appointments effective today of Neil Catto as Senior Independent
Director ('SID') and Sharon Daly as Non-Executive Director, as
previously disclosed.
In addition, Ken Ford (Non-Executive
Chair) and Dean Murray (NED) have today stepped down from the Board
after reaching the end of their nine-year tenure.
Neil Catto, CFO of Revolution Beauty
Group Plc and former CFO of BooHoo Group plc, joins the board as
SID, and Sharon Daly, NED of Warpaint London PLC and Brickability
Group Plc, joins as NED.
Neil Catto, Senior-Independent Director of Gear4music
said:
"I
am thrilled to be joining Gear4music at this exciting time in the
Company's journey. Gear4Music has the enviable position of being
the UK's premier retailer of musical instruments and equipment and
this is a fantastic platform to build from. I look forward to
working alongside Andrew and the rest of the Board to drive further
profitable growth in the business.
Together, I am confident we will continue to drive Gear4music
forward while staying true to the principles that have made it a
leader in its field."
- Ends -
Enquiries:
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Gear4music
Andrew Wass, Executive
Chair
Chris Scott, Chief Financial
Officer
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+44 (0)20 3405 0205
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Singer Capital Markets - Nominated Adviser and
Broker
Peter Steel/Sam Butcher, Corporate
Finance
Tom Salvesen, Corporate
Broking
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+44 (0)20 7496 3000
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Alma - Financial PR
Rebecca Sanders-Hewett
Joe Pederzolli
David Ison
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+44 (0)20 3405 0205
Gear4music@almastrategic.com
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Note: the Company confirms that
there is no update to the information previously disclosed
regarding the appointments of Neil Catto and Sharon Daly, as
required under Rule 17 and Schedule 2(g) of the AIM Rules for
Companies.
Following the changes, the
Gear4music board now comprises effective
today:
·
Andrew Wass - Executive Chair
·
Gareth Bevan - Chief Executive Officer
·
Chris Scott - Chief Financial Officer
·
Neil Catto - Senior Independent Director, Audit
Committee chair and member of the Remuneration Committee
·
Harriet Williams - Independent Non-Executive
Director, Remuneration Committee Chair and member of the Audit
Committee
·
Sharon Daly - Independent Non-Executive Director
and member of the Audit Committee and Remuneration
Committee
About Gear4music (Holdings)
plc
Operating from a Head Office in York,
Distribution Centres in York, Bacup, Sweden, Germany, Ireland &
Spain, and showrooms in York, Bacup, Sweden & Germany, the
Group sells own-brand musical instruments and music equipment
alongside premium third-party brands including Yamaha, Roland and
Roland, to customers ranging from beginners to musical enthusiasts
and professionals, in the UK, Europe and the Rest of the
World.
Having developed its own e-commerce
platform, with multilingual, multicurrency websites delivering to
over 190 countries, the Group continues to build its overseas
presence.
