PVG.L Regulatory News (PVG)

PREMIER VETERINARY GROUP PLC

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

Neil Wood MBE joins Board of PVG plc as independent Non-Executive Director

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

London, UK, 29 August 2018 (LSE: PVG): PVG is pleased to announce that Neil Wood MBE has accepted the appointment of independent Non-Executive Director of PVG with effect from 3 September 2018. He will also takeover Chairmanship of the Audit Committee and be a member of the Remuneration and Nomination Committee. 

Neil, a Fellow of the Institute of Chartered Accountants, has over 30 years' experience advising boards across a variety of industries. Neil began his career with Arthur Andersen, became a partner in 2000 and spent 17 years as an audit partner and then management consulting partner in Deloitte LLP serving clients across the globe. Neil was part of London's bid for the 2012 Olympics as its Chief Financial Officer and received the award of an MBE in recognition of his contribution in securing the Olympics for London. He went on to be appointed as Chief Financial Officer and Executive Board Member of the London Organising Committee of the Olympic and Paralympic Games ("LOCOG").

Following the dissolution of LOCOG, Neil was CFO of the British Business Bank, preparing the bank for its launch later that year and has advised clients across the World on bidding for and delivering major complex programmes including the Tokyo 2020, Paris 2024 and Los Angeles 2028 Olympic Games and the Lima 2019 Pan American Games.

Since retiring from Deloitte in 2017 Neil has established his own consulting business advising clients on the governance and delivery of complex programmes. He also holds a number of charitable board positions where he sits on or chairs the Risk and Audit Committee.

Graham Dick, Non-Executive Chairman and Director of PVG, added:

"I could not be more pleased that our business can attract someone with Neil's track record. He joins us at a very exciting stage in our development and with his international experience and expertise in finance and corporate strategy he will no doubt make a significant contribution in furthering our international growth ambitions."

The Board will continue to consider the balance and composition of the Board and, in particular, whether an additional independent non-executive director is required given the current size of the business. In order to support decision making, Rajan Uppal will continue to be a member of the Audit, Remuneration and Nomination Committees as advised in the Company's 2017 Annual Report.

There are no further disclosures required under LR 9.6.13.

-Ends-

For further information, please contact:

Note to Editors:

PVG's services to third party veterinary practices, through its wholly owned subsidiary, Premier Vet Alliance Limited ("PVA"), include the administration and support of a preventative healthcare programme for pets branded "Premier Pet Care Plan" ("PPCP"). In the US, where veterinary practices are known as veterinary hospitals, PPCP is marketed through the Company's wholly owned subsidiary, Premier Vet Alliance (US) Limited.

PPCP is a structured, preventative healthcare programme for cats, dogs and rabbits and is available only through veterinary practices/hospitals. The programme is seen as a way of providing gold standard care for pets at an affordable price for the client, by way of fixed monthly payments.

PPCP uses a clinical approach to prevention, as this is the most effective method of ensuring illnesses are diagnosed more quickly and not given a chance to advance. What truly sets PPCP apart is its unique approach of offering an end-to-end solution and support to the practice/hospital, which has been proven to work extremely well. PVA works alongside practices/hospitals to create a tailor-made, cost-effective service for clients, one that delivers excellent care to their patients and significantly improves practice/hospital performance.

For further details:

www.premiervetgroup.co.uk