Last checked at 13 May 2014 15:31
Zotefoams plc (the 'Company')
Resignation of Director
Pursuant to LR 9.6.11, the Company announces that, for personal reasons, Alex Walker has tendered his resignation as a non-executive director of the Company and will not be standing for re-election at the Annual General Meeting ('AGM') called for 20 May 2014.
Mr Walker's resignation is effective from the close of the AGM.
Resolution 10, as set out in the notice of the AGM, is withdrawn and shall not be put to the vote at the AGM.
In accordance with section 430 (2B) of the Companies Act 2006, the Company confirms that Mr Walker will receive his fee as a non-executive director of the Company (£28,450 per annum) up to the date of ceasing to be a director. No other payments will be made. Mr Walker will therefore receive a final fee of £1,527.81 in May 2014 of his serving as a director of the Company.
The Board of Directors would like to thank Mr Walker for his valued contribution to the Company.
Enquiries:
James Kindell
Company Secretary
Zotefoams plc
020 8664 1600
13 May 2014