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RNS Number : 2394B

Portmeirion Group PLC

01 June 2023

1 June 2023

Portmeirion Group PLC

(the "Group" or the "Company")

Board Appointment

Portmeirion Group PLC, the owner, designer, manufacturer and omni-channel retailer of leading homeware brands in global markets, announces that Jeremy Wilson has been appointed as a Non-executive Director with immediate effect.

Jeremy is a highly experienced professional at both executive and board level, having held several positions as Chief Financial Officer including at Focusrite plc from 2014 to 2021. His expertise in performance management, business transformation and international growth will support in the delivery of the Group's strategy.

On appointment, Jeremy will also become a member of the Audit, Remuneration and Nomination Committees.

Commenting on the appointment, Dick Steele, Non-executive Chairman said:

"I am delighted to welcome Jeremy to Portmeirion Group as a Non-executive Director. Jeremy's broad expertise and deep industry experience will be extremely valuable. His appointment will further strengthen our independence and the experience of the Board. The Board looks forward to working with Jeremy."

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

ENQUIRIES:

 
 Portmeirion Group PLC: 
 Dick Steele, Non-executive        +44 (0) 1782 
  Chairman                          743 443 
 Mike Raybould, Chief Executive    +44 (0) 1782         mraybould@portmeiriongroup.com 
                                    743 443 
 David Sproston, Group Finance     +44 (0) 1782         dsproston@portmeiriongroup.com 
  Director                          743 443 
 
 Hudson Sandler: 
 Dan de Belder                     +44 (0) 207 796      portmeirion@hudsonsandler.com 
                                    4133 
 Nick Moore 
  Emily Brooker 
 
   Shore Capital: 
   (Nominated Adviser and Joint      +44 (0) 207 408 
   Broker):                          4090 
 Patrick Castle                    Corporate Advisory 
  Lucy Bowden 
 Malachy McEntyre                  Corporate Broking 
 
 
 
 Singer Capital Markets      +44 (0) 207 
  (Joint Broker):            496 3000 
 Peter Steel               Investment Banking 
 Asha Chotai

ANNEX 1

Regulatory Disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies)

Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointments of Jeremy Michael Charles Wilson, aged 56. Mr Wilson does not hold any beneficial interest in the Company's share capital.

Jeremy Wilson, is, or has been in the previous five years, a director of the following companies:

 
 Current directorships    Previous directorships 
 Summerisle Finance Ltd   Crikey Bikey Ltd 
                           Focusrite Audio Engineering 
                           Limited 
                           Focusrite Australia Pty Ltd 
                           Focusrite Group US, Inc (formerly 
                           Focusrite Novation, Inc) 
                           Focusrite Novation Asia Limited 
                           Focusrite plc 
                           Martin Audio Limited 
                           Optimal Audio Group Limited 
                           Pro Audio Beteiligungs Gmbh 
                         -----------------------------------

NOTES TO EDITOR:

Portmeirion Group PLC is a leading, omni-channel British ceramics manufacturer and retailer of leading homeware brands.

Based in Stoke-on-Trent, United Kingdom, the Group owns six unrivalled heritage and contemporary brands, with 750+ years of collective heritage; Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé .

The Group serves markets across the world, with global demand driven by diversified international markets including the key geographies of the US, UK and South Korea.

Portmeirion Group has a proven capital-light, well developed and self-funded growth strategy focused on building a wider customer base and growing the sales footprint of its brands, through:

   --    Building and growing international sales markets 
   --    Developing online sales channels in core markets 
   --    Designing and launching new product to widen appeal and take market share 
   --    Leveraging brands and extensive product ranges

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END

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