Wynnstay Group PLC AIM Disclosure Update (7236A)
March 28 2017 - 3:00AM
UK Regulatory
TIDMWYN
RNS Number : 7236A
Wynnstay Group PLC
28 March 2017
Wynnstay Group plc
("Wynnstay" or "the Company")
AIM Disclosure Update
Wynnstay, the agricultural and specialist retail group,
announces, in accordance with AIM Rule 17 and Schedule 2 (g) of the
AIM Rules for Companies, that it was notified on 27 March 2017 of
the following information by Jim McCarthy, Non-Executive Chairman
of the Company:
Jim McCarthy was, until his retirement in September 2016, a
director of Poundland Group plc. As CEO of Poundland, Jim McCarthy
was also a director of a number of Poundland's wholly owned
subsidiaries, including, for a short period following its
acquisition by Poundland in September 2015, 99p Stores Limited. At
the time of his retirement, Jim McCarthy resigned all of his
directorships of Poundland Group companies. Following his
retirement, Poundland Group plc (together with its subsidiaries,
including 99p Stores Limited) was acquired by Steinhoff
International in September 2016.
On 22nd March 2017, the current directors of 99p Stores Limited
filed for administration. Jim McCarthy was not involved in the
decision to file for administration and was only notified of the
administration on 24th March 2017, after it had occurred.
Enquiries:
Wynnstay Group Ken Greetham, Chief T: 01691 827
plc Executive 142
Paul Roberts, Finance
Director
KTZ Communications Katie Tzouliadis T: 020 3178 6378
Shore Capital Stephane Auton T: 020 7408 4090
(Nomad) / Patrick Castle
About Wynnstay Group plc
www.wynnstaygroup.co.uk
Headquartered in Wales, Wynnstay manufactures and supplies
agricultural inputs, including animal nutrition products, seeds,
fertiliser and agro-chemicals, to livestock and arable farmers. Its
activities also include the supply of raw materials for feeds
ingredients to farmers and other feed manufacturers, and the
provision of grain trading services for farmers. Its specialist
retailing activities comprise Wynnstay Stores, a network of country
stores catering for farmers and the wider rural community, Youngs
Animal Feeds, a manufacturer and distributor of equine products,
and Just for Pets, a chain of pet products stores based across the
West Midlands.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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