29 Nov 2013 07:00
Date: | 29 November 2013 |
On behalf of: | Finsbury Food Group plc ('Finsbury', 'the Company' or 'the Group') |
Ebargoed until: 0700hrs | |
Finsbury Food Group plc
Director Change
Finsbury Food Group plc (AIM: FIF), a leading manufacturer of cake, bread and bakery goods, announces the departure of Crawford Currie as Finance Director of Lightbody Group and Finsbury Group board member, effective from 29th November 2013.
Martin Lightbody, Non-Executive Chairman of Finsbury Food Group plc, commented;
"Over the last 15 years Crawford has played a pivotal role in growing and developing the Lightbody site, and since his appointment to the Finsbury Board, working with the rest of the team to build the business we have today. I would like to thank Crawford for his significant contribution to the Group over the years, and wish him all the very best for the future knowing that he will grasp his new pursuits with his usual enthusiasm."
For further information:
Finsbury Food Group plc www.finsburyfoods.co.uk
John Duffy (Chief Executive) 029 20 357 500
Stephen Boyd (Finance Director)
Cenkos Securities plc
Bobbie Hilliam (Corporate Finance) 020 7397 8900
Alex Aylen (Sales)
Redleaf Polhill finsbury@redleafpr.com
Rebecca Sanders-Hewett 020 7382 4730
Jenny Bahr
Notes to Editors:
§ Finsbury Food Group plc (AIM: FIF), is a leading manufacturer of cake, bread and bakery goods. Within its Cake business, the Group's focus is premium and celebration cakes plus low fat cake slices. Its Bread business manufactures artisan and organic bread and also morning goods.
§ Finsbury Food Group is the second largest manufacturer of Ambient Packaged Cake (excluding In Store Bakery) in the UK, a market valued at £901m (Source: Kantar Worldpanel Total UK Coverage, June 2013).
§ The Group's strategy is to generate returns for shareholders by building a crafted bakery group focused on premium, celebration and well being that delivers for customers and consumers. Finsbury continues to develop its licensed brand portfolio to complement its core retailer brand relationships and improve its understanding of and response to changing consumer needs.
§ Whilst the Company sees exciting organic growth opportunities in all its businesses and its short-term focus is on integrating and growing its existing businesses, the aim is to take advantage of the appropriate bolt on acquisitions to drive longer term value as opportunities and circumstance allow.