Last checked at 17 Oct 2016 07:00
17 October 2016
Plant Health Care plc
("Plant Health Care" or the "Company")
Directorate Change
Plant Health Care (AIM: PHC) today announces that Paul Schmidt will step down as CEO of the Company to pursue new opportunities. Mr. Schmidt will remain in his position until 30 November 2016 in order to facilitate a smooth transition. The Board has commenced a process for the appointment of a new CEO of the Company and, in the meantime, Dr Christopher Richards, Executive Chairman, will serve as Interim CEO.
Dr Richards commented "Paul has made a substantial contribution to Plant Health Care over the last three and half years. The Company is now well positioned with our exciting new PREtec synthetic peptide technology and is also focused on growing sales of existing products at a brisk pace. We have a strong team in place, which is driving the implementation of our strategy with skill and speed. While we search for a successor to Paul, I look forward to working with the Company's customers, partners and staff to ensure that we deliver on our commitments to all stakeholders."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries:Plant Health Care plcDr Christopher Richards, Executive ChairmanTel: +44 1837 880083
Liberum Capital Limited - Nomad & BrokerClayton Bush / Chris ClarkeTel: +44 (0) 20 3100 2000