FIH GROUP PLC — Board/Management Information 2017

Jun 13, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8758H

FIH Group PLC

13 June 2017

FIH group plc

Board Changes

("FIH" or "the Company")

The Board of FIH is pleased to announce the appointment of Robert Johnston to the Board of FIH as a non-executive director with immediate effect.

Mr Johnston is an experienced non- executive director and investment professional and has served on the boards of several quoted companies in both North America and in UK, including Fyffes PLC and Supremex, Inc.

Mr Johnston represents the Company's largest shareholder, "The Article 6 Marital Trust, created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07" ("The Article 6 Marital Trust"), which has a beneficial holding of 3,596,553 ordinary Shares, representing 28.92% of the Company's issued share capital.

Interim FIH chairman, Jeremy Brade, commented: "I am delighted to welcome Rob Johnston to the Board of FIH. His quoted company experience and business knowledge will prove of great value to the Company and I look forward to working with him."

The Company has also received the resignation of Edmund Rowland who, on the appointment of Mr Johnston, stands down as a non-executive director. The Board would like to thank Mr Rowland for his contribution to the Company since his appointment on 16 April 2013.

The Board confirms that it has engaged a firm of respected  consultants to  conduct the search for  a senior, experienced non-executive director to act as independent Chair of FIH going forward. The objective is to complete the appointment in time for the approval of shareholders at the Company's Annual General Meeting on 31 August 2017.

Further strengthening of the Board with another independent non-executive director is expected to be announced following arrival of the new chair.

Ends

Further enquiries:
FIH group plc		Tel: +44 (0) 1279 461 630
John Foster
WH Ireland Limited		Tel: +44 (0) 20 7220 1666
Nominated Adviser and Broker to FIH
Adrian Hadden
Alex Bond
FTI Consulting		Tel: +44 (0) 20 3727 1000
Communications adviser to FIH
Edward Westropp
Eleanor Purdon

Mr Robert Bruce Johnston's (aged 52) directorships in the last five years are as follows:

Company	Status
COLABOR GROUP INC	Current
PRODUCE INVESTMENTS PLC	Current
GAS NATURAL, INC	Current
CORNING NATURAL GAS HOLDING CORP	Current
SUPREMEX INC.	Current
CIRCA ENTERPRISES INC.	Current
FYFFES PLC	Previous
SPAN AMERICA MEDICAL SYSTEMS	Previous
GALVANIC APPLIED SCIENCES INC.	Previous
CENTRAL VERMONT PUBLIC SERVICE CORP.	Previous
PACIFIC NORTHERN GAS LTD.	Previous
HUDSON'S BAY COMPANY	Previous
SPAN AMERICA MEDICAL SYSTEMS	Previous
CENTRAL VERMONT PUBLIC SERVICE CORP	Previous

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOADGGDLSXBBGRD