HORNBY PLC

Remuneration Information • Sep 28, 2018

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RNS Number : 3191C

Hornby PLC

28 September 2018

Hornby PLC

28 September 2018

PRESS RELEASE

28 September 2018

This announcement is further to the Final Results announcement released on 19 June 2018 under RNS Number 7571R and corrects an error in the Directors' Remuneration within the Director's Report and Key Management compensation in Note 24. The error is as a result of bonuses paid in the year ended 31 March 2018 being included in the disclosure for the year ended 31 March 2018, however these related to the year ended 31 March 2017, and a misclassification between compensation for loss of office and basic salary.

The full amended text is shown below: 

AUDITED
Year ended 31 March 2018
	Basic salary, allowances and fees £'000	Pension contributions £'000	Total salary and pension contributions £'000
L Davies (Appointed 5 October 2017)	100	-	100
K Gould (Appointed 4 January 2018)	34	6	40
J Wilson (Appointed 1 August 2017)	-	-	0
J Stansfield (Appointed 4 January 2018)	9	-	9
S Cooke1,4 (Resigned 3 October 2017)	153	25	178
D Mulligan2 (Resigned 31 December 2017)	153	26	179
M George (Appointed 22 December 2016)	49	-	49
R Canham3 (Resigned 21 June 2017)	25	-	25
D Adams (Resigned 31 December 2017)	49	-	49
C Caminada (Resigned 22 December 2016)	-	-	-
Total	572	57	629
1 - excluded from within this amount is compensation for loss of office totalling £233,152
2 - excluded from this amount is compensation for loss of office totalling £184,193
3 - excluded from this amount is compensation for loss of office totalling £25,000
4 - Highest paid director

Enquiries:

Hornby plc                                                          01843 233500

Lyndon Davies, CEO

Liberum                                                               020 3100 2222

Andrew Godber

Richard Bootle

Neil Patel

Capital Access Group                                        020 3763 3400

Scott Fulton

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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