Last checked at 2 Apr 2019 12:40
2 April 2019
SIG plc
Directorate Change
Retirement of Non-Executive Director
LEI: 213800VDC1BKJEZ8PV53
SIG plc (the "Company"), announces that Cyrille Ragoucy, a Non-Executive Director of the Company, who was appointed interim CEO of Balta Group NV ("Balta") with effect from 27 August 2018 has today been appointed CEO of Balta in a permanent capacity with immediate effect.
In light of this appointment, Mr Ragoucy has today informed the SIG Board that he will retire as a Director of the Company when a replacement has been appointed and the Company has today commenced the search for a new Non-Executive Director. It is intended that any new Director will not be appointed before the Company's forthcoming AGM on 8 May 2019 and therefore Mr Ragoucy will be seeking election at the forthcoming Annual General Meeting as set out in the Notice of Meeting which was sent to shareholders on 28 March 2019.
Andrew Allner, Chairman of SIG plc, said: "On behalf of the Board, I would like to thank Cyrille for his contribution to SIG plc and wish him every success in his role as CEO of Balta Group NV."
Enquiries | |
SIG plc | |
Andrew Allner, Chairman | 0114 285 6300 |
Meinie Oldersma, Chief Executive Officer | 0114 285 6300 |
Katharine Baxter, Group Communications | 0114 285 6300 |
FTI Consulting | |
Richard Mountain / Susanne Yule | 020 3727 1340 |