Dart Group PLC Appointment of Independent Non-executive Director (4635J)
April 14 2020 - 2:00AM
UK Regulatory
TIDMDTG
RNS Number : 4635J
Dart Group PLC
14 April 2020
14 April 2020
Dart Group PLC
(the "Group")
Appointment of Independent Non-executive Director
Dart Group PLC, the Leisure Travel and Distribution &
Logistics group, is pleased to announce the appointment of Robin
Terrell as an independent non-executive director, with immediate
effect.
Robin Terrell has extensive experience in leading online and
retail businesses ranging from Amazon, where he was Vice President
and UK Managing Director from 2001 to 2005, to John Lewis, where he
was Managing Director of John Lewis Direct, responsible for
developing their multi-channel proposition. Most recently he was
Chief Customer Officer at Tesco, where he also served as Interim
Managing Director, UK and Group Multi-channel Director. Prior to
that he served as Executive Director of Multi-channel and
International at House of Fraser. Robin qualified as a Chartered
Accountant with Coopers & Lybrand.
Robin is Non-Executive Chair of Manufacturing Services
Investment Limited, Non-Executive Director and Audit Chair at
William Hill Plc, and Non-Executive Director at Amara Living,
Ahlens and New Look. His previous Non-Executive roles include Tesco
Mobile, Lazada Group, Karen Millen, Maplin Electronics, Wilkinson
and Monica Vinader.
Robin will become a member of the Audit and Remuneration
Committees with effect from the date of his appointment.
Philip Meeson, Executive Chairman of the Group commented:
"I am delighted to welcome Robin Terrell to the Board of
Directors. He has huge experience in leading online and retail
businesses with a focus on providing a great customer experience,
and also a strong track record as a Non-Executive Director. I know
that he will make a significant contribution to the ongoing success
of our business."
The directorships and partnerships currently held by Robin
Terrell and over the five years preceding the date of appointment
are as follows:
Mr Robin James Terrell, aged 50
Current directorships/partnerships Previous directorships/partnerships
2101 Limited Catapult Ventures Limited
Åhléns AB Cocoon Labs Ltd
Amara Living Limited Karen Millen Holdco 1 Limited
Manufacturing Services Investment (in administration)
Limited Lazada Group SA
New Look Retail Holdings MEL Topco Limited (dissolved)
Limited Tesco Mobile Limited
William Hill Plc Wilko Digital Limited
Wilkinson Hardware Stores Limited
Mr Terrell was appointed as a non-executive director of MEL
Topco Limited (part of the Maplin Electronics Group) on 21 August
2017. Liquidators were appointed to MEL Topco Limited (along with
other group companies) in relation to a creditors' voluntary
liquidation on 1 May 2018 and the company was dissolved on 7
December 2019. The companies in the group, in aggregate, owed
approximately GBP53 million to a secured creditor (who held charges
over the assets of the group). No distributions were made to
unsecured creditors.
Mr Terrell was appointed as a non-executive director of Karen
Millen Holdco 1 Limited on 3 March 2016. Administrators were
appointed to Karen Millen Holdco 1 Limited on 6 August 2019 (as
well as a number of other companies in the Karen Millen Group) and
the administration is still ongoing. The companies in the group, in
aggregate, owed approximately GBP65 million to a secured creditor
and approximately GBP62 million to unsecured creditors. Due to
Karen Millen Holdco 1 Limited being an intermediate holding
company, no asset realisations are expected from that company.
Mr Terrell does not hold any ordinary shares in Dart Group
PLC.
There are no further disclosures to be made pursuant to Schedule
2 paragraph (g) of the AIM Rules.
For further information, please contact:
Dart Group plc Tel: 0113 239 7817
Philip Meeson, Executive Chairman
Gary Brown, Group Chief Financial
Officer
Cenkos Securities plc Tel: 020 7397 8900
Nominated Adviser
Katy Birkin/Russell Cook
Canaccord Genuity - Joint Broker Tel: 020 7523 8000
Adam James
Arden Partners - Joint Broker Tel: 020 7614 5900
Paul Shackleton/Daniel Gee-Summons
Buchanan - Financial PR Tel: 020 7466 5000
Richard Oldworth
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END
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