Christie Regulatory News (CTG)

20 September 2017

Christie Group plc("Christie Group" or the "Company")

Directorate Changes

Christie Group plc (CTG.L), the leading provider of Professional Business Services and Stock & Inventory Systems & Services to the leisure, retail and care markets, announces the following changes to its Board of Directors all with effect from Monday 18 September 2017: 

· Philip Gwyn, Executive Chairman, has retired and David Rugg has replaced him as Chairman whilst retaining his position as Chief Executive;

· Dan Prickett, Chief Financial Officer, has become Chief Operating Officer;

· Simon Hawkins has been appointed as Group Finance Director; and

· Hwfa Gwyn has been appointed as a Non-Executive Director.

At this time there have been no changes made to the composition of the Audit Committee, Remuneration Committee or Nominations Committee.

The following are brief biographies of Simon Hawkins and Hwfa Gwyn.

Simon Hawkins: Group Finance Director

Simon has over 23 years' financial experience in managing all financial aspects of companies both in the UK & internationally. Simon qualified as a Chartered Accountant with KPMG and was a Manager in the manufacture, retail and distribution department responsible for preparation of financial and regulatory reporting, before spells at Rugby Cement and Texon International where he gained experience of working with private equity.

In 2005, Simon joined Christie & Co as Finance Director, looking after the financial management of Christie & Co's UK and international businesses, Christie Finance & Christie Insurance. Simon has a BSc Hons Degree in Accounting and Financial Management.

Hwfa Gwyn: Non-Executive Director

Hwfa has been CFO of Hybrid Air Vehicles Ltd since February 2014, having previously been a Non-Executive Director of the business. He qualified as an accountant with PwC in London, specialising in the audit of small and mid-cap growth businesses. He worked for KordaMentha, a top corporate recovery firm in Australia. He has a BA (Hons) in Economics and Politics from Bristol University and is a Chartered Accountant.

Commenting on the directorate changes, David Rugg, Chairman and Chief Executive, said:

"I am delighted that Dan Prickett, previously Chief Financial Officer, has been promoted to Chief Operating Officer and that Simon Hawkins, previously Finance Director within our PBS division, has stepped up to Group Finance Director. These moves strengthen our Group management team. I am also very pleased to welcome Hwfa Gwyn to our board. I know that Hwfa will make an important contribution to our future direction and strategy. It is good to have his support." 

Please refer to Annex 1 for all further disclosures relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

Enquiries:

Christie Group plc

Panmure Gordon (UK) Limited

Annex 1

Simon James Hawkins (age 46) is, or has been in the previous five years, a director or partner of the following companies:

Simon Hawkins has a beneficial interest in 126,240 ordinary shares, which represents 0.48% of the Company's issued share capital.

Hwfa Anthony Richard Gwyn (age 37) is, or has been in the previous five years, a director or partner of the following companies:

Hwfa Gwyn has a beneficial interest in 1,026,536 ordinary shares through the Gwyn Accumulation Trust, which represents 3.87% of the Company's issued share capital.

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services group with 42 offices across the UK, Europe and Canada, catering to its specialist markets in the leisure, retail and care sectors.

Christie Group operates in two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie & Co, Pinders, Christie Finance and Christie Insurance: SISS - Orridge, Venners and Vennersys.

Tracing its origins back to 1846, the Group has a long established reputation for offering essential services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems and online ticketing services, stock audit and inventory management. The diversity of these services provides a natural balance to the Group's core agency business.

 For more information, please go to www.christiegroup.com.