Source - RNS
RNS Number : 6051H
Produce Investments PLC
09 June 2017
 

9 June 2017

 

Produce Investments PLC

(the "Company" or "Group")

 

Board Appointments

 

9 June 2017 - Produce Investments plc (AIM: PIL), a leading operator in the fresh potato and daffodil sectors, announces the appointment of Robert Johnston and Ronald Barrie Clapham to the Board as Non-Executive Directors with immediate effect.

 

Robert Johnston is the principal representative of the Jerry Zucker Revocable Trust, the largest shareholder in the Company, owning 6,897,136 shares, representing c. 25.6% of the Company's issued share capital.

 

Barrie Clapham is a former Director and Chairman of the Company, having held that position from the Company's inception in 2006 until its AGM in November 2016, when he stood down after serving two five-year terms as Chairman. Barrie has a beneficial interest in 5,928,059 shares, representing c. 22.0% of the Group's issued share capital.

 

Neil Davidson, Chairman of Produce Investments, commented: "At this important stage in the development of the Company we believe that it will be helpful to have our largest shareholders represented on the Board. Robert has an excellent track record in helping companies to achieve ambitious growth plans, and Barrie brings considerable knowledge of both the Company and our industry. I am pleased to welcome them both to the Board and I and my fellow directors look forward to working with them to develop the business and so generate significant incremental value for all our shareholders."

 

Full name:

Ronald Barrie Clapham

Age:

65 years old

Current directorships:

AXIS (LOWTHER) LIMITED

BARON PROPERTIES LIMITED

BROOKFIELD MEDIA LLP

CASTLESTREAM LIMITED

CD LETTINGS LIMITED

CLYDEWAY INVESTMENTS LIMITED

CREDENTIAL (BAILLIESTON) LIMITED

CREDENTIAL (DOWANHILL) LIMITED

CREDENTIAL (GREENOCK) LIMITED

CREDENTIAL (PETERBOROUGH) LTD

CREDENTIAL (WARDPARK NORTH) LIMITED

CREDENTIAL (WARDPARK SOUTH) LIMITED

CREDENTIAL ASSET MANAGEMENT LIMITED

CREDENTIAL BATH STREET LIMITED

CREDENTIAL CHARING CROSS LIMITED

CREDENTIAL CLARKSTON TOLL LIMITED

CREDENTIAL CT LIMITED

CREDENTIAL INVESTMENT HOLDINGS LIMITED

CREDENTIAL LOGISTICS LIMITED

CREDENTIAL MUIRHOUSE LIMITED

CREDENTIAL OLDCO LIMITED

CREDENTIAL PRODUCE LLP

CREDENTIAL RESIDENTIAL FINANCE LIMITED

CREDENTIAL SHOP LIMITED

CREDENTIAL TAY HOUSE LIMITED

CREDENTIAL TRADING LIMITED

CROWNDATA LTD

DICKSON TENANCIES LIMITED

DOUGLAS SHELF SEVEN LIMITED

DOUGLAS SHELF SIX LIMITED

DOUGLAS SHELF TEN LIMITED

DOUGLAS SHELF TWO LIMITED

DUMBARTON ROAD LIMITED

ELITESCHEME LIMITED

GFS (MOTHERWELL) LIMITED

HAMILTONHILL ESTATES LIMITED

L & S (BELHAVEN) LTD

L & S (DOWANHILL) LTD

L&S (LOWTHER TERRACE) LIMITED

L&S REIT AM LIMITED

LEGAL SERVICES CENTRE LIMITED(THE)

LONDON & SCOTTISH INVESTMENT FINANCE LIMITED

LONDON & SCOTTISH INVESTMENTS LIMITED

LONDON & SCOTTISH PROPERTY ASSET MANAGEMENT LIMITED

LONDON & SCOTTISH PROPERTY MANAGEMENT LIMITED

LONDON & SCOTTISH RESIDENTIAL LIMITED

LS ASSET MANAGEMENT LIMITED

MILLER STREET LIMITED

NORHAM PROPERTIES LIMITED

OLD MILL STUDIOS LIMITED

OLD RUTHERGLEN ROAD LIMITED

PURSOL LIMITED

QUILLCO 97 LIMITED

SQUEEZE NEWCO (ELMBANK) LIMITED

SQUEEZE NEWCO 2 LIMITED

STOCK (2014) LIMITED

STYLEBACK 2 LIMITED

THE AYRSHIRE GOLF COMPANY LIMITED

VIRGINIA COURT DEVELOPMENTS LIMITED

Directorships in the last 5 years:

CHARTFIELD ONE LIMITED

CLYDE SHOPPING CENTRE LIMITED

CREDENTIAL (CAMBUSLANG) LIMITED

CREDENTIAL (CUMBERNAULD) LIMITED

CREDENTIAL (MILTON KEYNES)

CREDENTIAL (PAISLEY) LIMITED

CREDENTIAL (ROCHDALE)

CREDENTIAL (ST ANDREWS) LIMITED

CREDENTIAL 233 ST VINCENT STREET LIMITED

CREDENTIAL ACURA LIMITED

CREDENTIAL DUNBAR LIMITED

CREDENTIAL LOGISTICS (KL) LIMITED

CREDENTIAL MANAGEMENT INVESTMENTS LIMITED

CREDENTIAL PROJECTS LIMITED

DOUGLAS SHELF ELEVEN LIMITED

GRANUTYRE LIMITED

GREENVALE AP LIMITED

L&S KILMACOLM LTD

LSI REIT AM LIMITED

PRODUCE INVESTMENTS PLC

QUILLCO 157 LIMITED

QUILLCO 3 LIMITED

SQUEEZE NEWCO PROPERTY MANAGEMENT LIMITED

 

Full name:

Robert Bruce Johnston

Age:

52 years old

Current directorships:

COLABOR GROUP INC

GAS NATURAL INC

CORNING NATURAL GAS HOLDING CO.

SUPREMEX INC

CIRCA ENTERPRISES INC

Directorships in the last 5 years:

FYFFES PLC

SPAN AMERICA MEDICAL SYSTEMS

GALVANIC APPLIED SCIENCES

CENTRAL VERMONT PUBLIC SERVICE CORP

 

Save as set out in this announcement, there are no further matters to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information contact:

Produce Investments plc


Angus Armstrong (CEO)

01890 819 501

 

Numis Securities Limited (Nomad)


Oliver Cardigan / Tom Ballard

020 7260 1000

 

Powerscourt


Nick Dibden / Samantha Trillwood

[email protected]

020 7250 1446

 

Notes to Editors

The Group is a vertically integrated company supplying blue chip retail customers with potatoes and daffodils.

Website: www.produceinvestments.co.uk 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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