Last checked at 23 Dec 2015 13:35
CPPGroup plc
23 December 2015
DIRECTOR APPOINTMENT
CPPGroup plc (CPP or the Group), the international assistance business, is pleased to announce that, following receipt of regulatory approval, Abhai Rajguru has been appointed as a Non-Executive Director of the Group. It is also intended that Abhai will be appointed as Chairman of the Audit Committee.
Abhai has extensive experience at a senior level in the financial services sector. He is currently an Independent Member of the Audit Committee of Her Majesty's Treasury, Chairman of Alexander Rosse and Director of DBV Finance.
Roger Canham, Non-Executive Chairman, commented:
"I am delighted to welcome Abhai to CPP and believe his broad experience will enable him to make a significant contribution to the Board as it continues to develop the Group's future strategy."
Enquiries
CPPGroup Plc
Lorraine Beavis, Group Company Secretary
Tel: +44 (0)1904 544500
Media
Powerscourt Group: Justin Griffiths
Tel: +44 (0)20 7250 1446
Nominated Adviser and Broker
Numis Securities Limited: Stuart Skinner; Charles Farquhar
Tel: +44 (0)20 7260 1000
Further information
Abhai Rajguru, 51, is or has been a director in the following companies.
Current directorships:
Alexander Rosse Limited |
Pravara Capital LLP |
Arcadium Capital Partners LLP |
DBV Finance Limited |
HM Treasury |
Previous directorships:
Leeds Building Society |
Leeds Building Society Staff Pension Scheme Limited |
Kettering General Hospital NHS Foundation Trust |
Simplyhealth Group |
The Board confirms that Abhai Rajguru has all of the requisite regulatory approvals. There are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the proposed appointment of Abhai Rajguru to the Board of CPPGroup Plc.
Notes to Editors
CPPGroup Plc (CPP or the Group) is an international assistance business operating in the UK and overseas. CPP primarily operates a business-to-business-to-consumer (B2B2C) business model providing products and services to customers through Business Partners and direct to consumer. The Group's core assistance products help to provide security and are designed to make everyday life easier to manage.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
Registered number: 07151159