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Pin to quick picksReact Group Regulatory News (REAT)

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Board changes

10 Apr 2017 07:00

RNS Number : 9924B
React Group PLC
10 April 2017
 

10 April 2017

REACT Group PLC

("REACT" or the "Company)

Board Changes

 

REACT Group PLC, the specialist provider of rapid response deep cleaning and emergency decontamination services, is pleased to announce the appointment of Steven Metcalfe to the Board of the Company with immediate effect as a non-executive director.

Steven is a former stockbroker with more than 28 years' experience in the financial industry. In 2005, as Head of UK Equities at Hichens Harrison, he was involved in the management buyout and then subsequent sale to Religare Capital Markets. For the last seven years, he has been involved with institutions, hedge funds and high net worth individuals within the regulated arena. Since leaving Investment Banking in mid-2016, he is now using his substantial background and history within the financial and corporate world and has set up a consultancy business that advises SMEs on finance, strategy and growth within their chosen area.

In addition, and as previously notified, non-executive director Simon Woolley has stepped down from the Board with immediate effect. The Company thanks Simon for his support of the Company and would like to wish him success in the future.

Mr Metcalfe's full name is Steven Neil Metcalfe; he is 47 years old.

Stene Investments Limited, a company in which Mr Metcalfe has an interest owns 2,333,333 shares which represents 0.84 per cent. of the Company's issued share capital.

Upon appointment, Mr Metcalfe is to be granted 581,395 options over new ordinary shares of 0.25p at an exercise price of 0.86 pence per share.

Mr Metcalfe currently holds the following directorships/partnerships:

Orogen plc

Big Sofa Technologies Group PLC

Franmet Partners Limited

Stene Investments Limited

Metcalfe Consultancy Limited

 

Directorships and partnerships held within the last five years:

 

None

 

Save for the information set out above, there are no further disclosures to be made in accordance with Rule 17, Schedule 2(g) of the AIM Rules for Companies in respect of the appointment of Steven Metcalfe.

For further information, please contact:

REACT Group plc

Gill Leates - Chairman 07799 662642

SPARK Advisory Partners Limited

Neil Baldwin 0113 370 8974

Mark Brady 0113 379 8971

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOAUGUQACUPMUMB
Date   Source Headline
11th Jan 200810:01 amRNSChange of Registered Office
17th Aug 20073:16 pmRNSAIM Rule 26 Information
27th Jun 20077:00 amRNSInterim Results
21st May 20077:00 amRNSMajor Record Deal
20th Apr 20073:41 pmRNSDirector/PDMR Shareholding
14th Mar 200711:58 amRNSHolding(s) in Company
12th Mar 20077:00 amPRNRecord Label Contract
4th Jan 20073:57 pmRNSIssue of Share Options
20th Dec 20061:04 pmRNSIssue of Equity
15th Dec 200611:15 amRNSTotal Voting Rights
30th Nov 20063:00 pmPRNFinal Results
30th Nov 200612:29 pmPRNRecord Label Signing & Senior Appointment
30th Aug 20067:00 amRNSName change, re-admission
29th Aug 200611:40 amRNSResult of EGM
25th May 20069:48 amRNSNew Accounting Ref Date
29th Mar 20062:00 pmPRNDirectorate Change
24th Jan 20067:00 amPRNRe Contract
30th Nov 20053:00 pmPRNRecord Label & Publishing Division: Update
20th Oct 20057:00 amRNSFirst Day Dealings

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