Statement re Appointment of Interim Group Chief Financial Officer

1 Aug 2017 07:00

Appointment of Interim Group Chief Financial Officer

CCR.I CCR.L

Dublin, London | 01 August 2017: C&C Group plc (“C&C” or the “Group”), a manufacturer, marketer and distributor of branded cider, beer, wine and soft drinks announces the appointment of Mr. Jonathan Solesbury as Interim Group Chief Financial Officer for a period of 12 months, effective today.

A former SABMiller plc Director of Group Finance, Jonathan held a number of senior roles during his 22 year tenure with the global drinks company. Initially responsible for evaluating and executing new business opportunities across Central Europe and Africa, Jonathan was then tasked with continuing the growth of the Asian business, whilst establishing and consolidating leading positions in China and India. He later oversaw the acquisition and subsequent integration of SABMiller’s Colombian business and transformation programme in Latin America. Jonathan served the company as an Executive Director on many Boards across multiple jurisdictions and as Chief Financial Officer for the Latin American and Asian regions.

Leading operational and regional teams across Africa, Asia, Central & South America, North America and Europe, Jonathan has extensive international and emerging market experience and played a prominent role in building SABMiller plc into one of the world’s largest and most successful beverage companies.

Stephen Glancey, Group Chief Executive Officer, commented: “We are pleased to announce Jonathan’s appointment as Interim Group Chief Financial Officer. Jonathan brings broad, deep sector expertise and provides continuity to our finance function. His experience and track record will enable him to immediately contribute to the capital allocation decision making process and our strategic direction.”

The process to recruit a permanent Group Chief Financial Officer is ongoing and a further announcement will be made as appropriate.

-ENDS-

About C&C Group plc

C&C Group plc is a premium drinks company which owns, manufactures, markets and distributes branded beer, cider, wine, soft drinks and bottled water. C&C Group brands include: Bulmers the leading Irish cider brand; Tennent’s, the leading Scottish beer brand; Magners the premium international cider brand; Tipperary Water; Finches soft drinks, as well as a range of niche, premium and craft ciders and beers. C&C Group also owns and manufactures Woodchuck, a leading craft cider brand in the United States and manufactures and distributes a number of 3rd party international beer brands in Scotland and Ireland. C&C is also a leading drinks wholesaler in Scotland and Ireland, where it operates under the Tennent's and C&C Gleeson brands respectively. C&C Group is headquartered in Dublin with manufacturing operations in Co. Tipperary, Ireland; Glasgow, Scotland; and Vermont, USA. C&C Group plc is listed on the Irish and London Stock Exchanges.

Contacts

C&C Group plc

Stephen Glancey, Chief Executive

Joe Thompson, Investor Relations

Tel: + 44 7980 844 580

Investors, Analysts & Irish Media

Mark Kenny/Jonathan Neilan

FTI Consulting

Tel: +353 1 765 0886

Email: CandCGroup@fticonsulting.com

UK & International Media

Tim Robertson

Novella Communications

Tel: +44 203 151 7008

Email: TimR@novella-comms.com

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