Hornby Regulatory News (HRN)

Hornby PLC

("Hornby", "the Company" or the "Group")

BOARD CHANGE

Hornby Plc, the international models and collectibles group, today announces the appointment of Henry de Zoete as Non-Executive Director.

Henry de Zoete is an entrepreneur and alumnus of renowned Silicon Valley start-up accelerator Y Combinator. In 2014, he co-founded The Big Deal which uses tech to facilitate collective bargaining for consumers. In 2018, he went on to establish Look After My Bills, a tech start-up, which became the largest auto-switching service in the UK, saving families money on their gas and electricity. After raising global investment and securing the best deal in the history of BBC's Dragons' Den, Look After My Bills was acquired by GoCo Group PLC (owners of GoCompare) in July 2019.

Henry has previously served on the Board of grassroots campaigning organisation 38 Degrees (2015-2018) and was a Special Adviser in the Department of Education (2010-2014). Henry is currently an angel investor in tech start-ups and a Non-Executive Board Member of the Cabinet Office.

Henry will be a member of both the Audit and Remuneration Committees.

John Stansfield, Non-Executive Chairman said,

"I am very pleased to welcome Henry to the Board. Henry has a tremendous amount of highly relevant experience and I am in no doubt that he will make a strong contribution to the Group as we move forward with our digital transformation." 

Henry de Zoete said:

"I am delighted to be joining the Board of Hornby Plc. Hornby, Scalextric, Corgi, Humbrol and Airfix are all incredible, heritage brands that I grew up with. I am really excited to give strategic input as the brilliant team focuses on digital transformation and growth, to build the business for generations to come."

The names of all companies and partnerships of which Henry de Zoete, aged 40, has been a director or partner at any time in the previous five years are set out below:

Henry holds no ordinary shares in Hornby.

Save as set out in this announcement, there are no further details to be disclosed under Rule 17 or Schedule 2(g) of the AIM Rules for Companies in respect of Henry.

Enquiries:

Hornby Plc

Lyndon Davies, CEO

Kirstie Gould, CFO

01843 233500

Web: www.hornby.plc.uk

Liberum Capital Limited (Nomad & Broker)

Andrew Godber

Edward Thomas

020 3100 2222