TIDMSDM

RNS Number : 1164N

Stadium Group PLC

21 October 2016

Stadium Group plc

("Stadium", the "Company" or the "Group")

Directorate Change

Stadium Group plc (AIM: SDM), a leading supplier of wireless solutions, power supplies and electronic assemblies, announces that Joanne Estell, Chief Financial Officer and Company Secretary has stepped down from the Board to pursue new opportunities outside of the Group. Joanne will be available to provide an orderly handover whilst a search for her successor is undertaken.

Charlie Peppiatt, Chief Executive Officer of Stadium, said:

"On behalf of everyone at Stadium, I would like to thank Joanne for her valuable contribution to the business. She played a key role as we transitioned the business from an electronic manufacturing service business to a technology led organisation, through organic diversification and a series of strategic acquisitions. Joanne has been a valued colleague and I thank her for the support she has given. The Board and I wish her well in her future career."

The Board has initiated a recruitment process to identify and appoint a suitable replacement and a further update will be provided in due course.

For further information, please contact:

 
Stadium Group plc                            www.stadiuminvestors.com 
Charlie Peppiatt, Chief                            Tel: 01189 311 199 
 Executive Officer 
 
Walbrook PR              Tel: 020 7933 8780 or stadium@walbrookpr.com 
Paul McManus                                       Mob: 07980 541 893 
Helen Cresswell                                    Mob: 07841 917 679 
 
N+1 Singer                                         Tel: 020 7496 3000 
Sandy Fraser 
Richard Lindley

About Stadium Group plc (www.stadiumgroupplc.com)

Stadium Group plc is a leading supplier of wireless solutions, power supplies and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:

   1.    Technology Products (57% of H1 2016 revenues)

-- Wireless solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions

-- Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW

   --     Human Machine Interface - intelligent "HMI" integrated solutions 
   2.    Electronic Assembly (43% of H1 2016 revenues) - previously Electronic Manufacturing Services 
   --     Electronic manufacturing services to global original equipment manufacturers

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOALBLLLQBFFFBX

(END) Dow Jones Newswires

October 21, 2016 02:00 ET (06:00 GMT)

Stadium Group (LSE:SDM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Stadium Group Charts.
Stadium Group (LSE:SDM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Stadium Group Charts.