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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               +44 (0) 1782 743   mraybould@portmeiriongroup.com 
  Chief Executive             443 
 David Sproston              +44 (0) 1782 743   dsproston@portmeiriongroup.com 
  Group Finance Director      443 
 
 Hudson Sandler: 
 Dan de Belder               +44 (0) 207 796    ddebelder@hudsonsandler.com 
  Nick Moore                  4133               nmoore@hudsonsandler.com 
 
 Panmure Gordon: 
 (Nominated Adviser and      +44 (0) 207 886 
  Broker)                     2500 
 Freddy Crossley / Joanna                       Corporate Finance 
  Langley 
 James Stearns                                  Corporate Broking 
 
 
 N+1 Singer: 
                             +44 (0) 207 496 
 (Joint broker)               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,     Nambé LLC. 
  LLC. 
 
  Portmeirion Group USA, Inc. 
 
  Portmeirion Canada, Inc.

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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END

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August 28, 2020 05:25 ET (09:25 GMT)

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