Last checked at 18 Jun 2015 07:00
For immediate release | 18 June 2015 |
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SCIENCE IN SPORT PLC
("SiS" or the "Company")
Appointment of Non-Executive Director
Science in Sport plc (AIM: SIS), a leading sports nutrition company, today announces that it has appointed Raymond Paul Edmund Duignan as a Non-Executive Director with effect from 1 July 2015.
Raymond, 52, has extensive industry experience having set up a specialist investment bank, Stamford Partners, in the mid-1990s advising the European food and drink industries. The firm became a market leader in food and drink transactions in Europe, offering financial and corporate advisory services as well as strategy consulting. Clients of the firm included Unilever, Nestle, Mars, Pepsico, Sara Lee, Best Foods, United Biscuits and Pernod Ricard as well as a range of smaller businesses such as Green and Black's, Jordans, Innocent and Ella's Kitchen and leading private equity firms. Raymond retired from Stamford Partners in 2012.
Raymond is currently a non-executive director at Finsbury Food Group, where he chairs the audit and remuneration committees; a member of the advisory board at Active Private Equity; and Chairman of the consumer practice at Newton Europe. He was formerly a member of the advisory board at Tate & Lyle Ventures and a member of the Campaign for Resource Board at the University of Bristol.
Stephen Moon, CEO of Science in Sport, commented: "I'm delighted to welcome Raymond Duignan to Science in Sport as a Non-Executive Director. Raymond has extensive experience of consumer industries and we look forward to his input as we further advance our growth strategy."
There are no other matters to be announced as required under paragraph (g) of Schedule 2 of the AIM Rules.
For further information:
Science in Sport PLC | +44 (0) 20 7400 3700 |
Stephen Moon, CEO |
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Vivienne Sparks, Finance Director Cenkos Securities |
+44 (0) 20 7397 8900 |
Bobbie Hilliam - NOMAD and Broker |
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Buchanan | +44 (0) 20 7466 5000 |
Mark Court / Sophie McNulty / Sophie Cowles |
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sis@buchanan.uk.com |
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Notes for editors
About Science in Sport plc
Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community.
The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and hydration tablets; SiS REGO, including protein-based recovery powders and bars; and SiS Protein, a whey protein range for lean muscle development. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.
SiS is currently the official sports nutrition supplier to professional cycling teams Team Wiggins, JLT Condor, Madison Genesis, Team Katusha and Trek Factory Racing. SiS is also the official supplier of sports drinks and sports nutrition to the GB Rowing Team. In addition, Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Helen Jenkins are Elite Sports Consultants and brand ambassadors.
SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.
SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.
For further information, please visit www.scienceinsport.com