Last checked at 21 May 2019 16:50
Informa LEI: 5493006VM2LKUPSEDU20 |
Informa PLC
21 May 2019
Board Update
London: Informa (LSE: INF.L), the International Exhibitions, Events, Information Services and Scholarly Publishing Group, today confirmed that Cindy Rose and David Wei have chosen not to stand for re-election as Non-Executive Directors at the Group's upcoming AGM on 24 May and will be stepping down from the Board of Informa effective from the end of the AGM.
Cindy Rose joined Informa in 2013 and having completed six years as a Non-Executive Director has chosen not to seek another term.
David Wei joined the Board in 2018 following the Combination with UBM. As Informa approaches the one-year anniversary of the Combination and successful completion of the Accelerated Integration Plan, David has also decided not to seek re-election, allowing him to focus on his other professional commitments.
The Group has engaged an International Search firm to assist with the search for a new Non-Executive Director and further announcements will be made in due course.
Derek Mapp, Chairman, Informa PLC, said: "On behalf of Informa, I'd like to thank both Cindy and David for their valuable contributions to the Company. Cindy has served on the Board for six years, providing considerable insight and counsel during a time when the Group has grown and expanded significantly, whilst David's tenure over the last year has helped ensure a smooth and effective combination with UBM. We wish them both the best in the future." |
This announcement has been made in accordance with Listing Rule 9.6.11 R (2). Both Cindy and David will cease to be Directors at the conclusion of the AGM and Resolutions 10 and 5, which relate to their re-election, will be withdrawn. This does not affect the validity of any proxy votes already submitted. Both Directors will receive their annual Non-Executive Director fees on a pro-rata basis up until this time.
Enquiries |
|
Informa PLC Rupert Hopley, Company Secretary Richard Menzies-Gow, Director of IR & Comms |
+44 (0)20 7017 5000 +44 (0)20 3377 3445 |
Teneo Strategy Tim Burt / Zoe Watt |
+44 (0)20 7240 2486 |
Notes to Editors
Informa PLC
Informa is a leading international Exhibitions, Events, Information Services and Scholarly Publishing Group with annual revenues approaching £3 billion. It helps commercial, professional and academic communities work smarter and make better decisions faster, through specialist content and intelligence, and opportunities to connect and learn. For more information, please visit www.informa.com.