Appointment of Finance Director

Hornby PLC

Appointment of Finance Director

Hornby Plc, the international models and collectibles group, is pleased to announce that David Mulligan, who joined Hornby as Interim Finance Director in May 2016, has now been appointed Finance Director on a permanent basis, with immediate effect.

David has a successful track record of working in roles supporting and driving strategic change. Before joining Hornby, he was Group Finance Director at construction and regeneration company Morgan Sindall Group plc and more recently, he completed a role as Municipal FD at Shanks Group plc. Prior to this he worked at Smiths Group plc and trained as a chartered accountant at Ernst & Young.

Steve Cooke, Chief Executive said,

"I am delighted that David has agreed to join us permanently. He has already made a significant impact as we have started to implement the Hornby turnaround plan and I look forward to continuing to work with him."

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Date: 17th October 2016

For further information contact:

Hornby Plc

Roger Canham, Chairman  

Steve Cooke, Chief Executive

David Mulligan, Finance Director

01843 233500  

Web: www.hornby.com

Numis Securities

Oliver Cardigan (Nomad)

Tom Ballard

020 7260 1000

Capital Access Group 

Simon Courtenay

020 3763 3400