NONE Exectutive Chairman resigns22 Nov 2016 16:54
The Board was notified on 23 September 2016 of the intention of Non-Executive Chairman Peter David Manning to step down effective 16 January 2017, the third anniversary of the Group's IPO and after three-and-a-half years of service. Under Peter's careful stewardship, the Company has grown from a small, privately-held business with large aspirations, to a rapidly growing and asset-rich public company with significant scope and scale in the national fibre infrastructure market. Having taken the company through a period of rapid growth through to EBITDA positive, including admission to AIM, three major acquisitions, and nearly £300m in capital formation, Peter now wishes to spend more time developing his portfolio of private equity-financed companies. The Board and executive team wish to thank him for the major contributions he has made to the Company's development over the three-and-a-half years since his appointment, and wishes him well in his future endeavours.