Roebuck Food Group PLC Directorate Change (2738W)
April 14 2023 - 5:00AM
UK Regulatory
TIDMRFG
RNS Number : 2738W
Roebuck Food Group PLC
14 April 2023
14 April 2023
Roebuck Food Group plc ("Roebuck" or "the Company")
Change in Directorate
Roebuck Food Group plc announces the following changes in the
directors.
- Mr Ted O'Neill, Executive Chairman of the Company has
signalled his intention to step down as Director and Executive
Chairman of the Company, on 29 September 2023. Mr O'Neill is
waiving any entitlement to payment in lieu of notice or otherwise
in respect of his ceasing to hold these offices.
Mr O'Neill has an ownership interest in 3,034,000 ordinary
shares in the Company, amounting to approximately 10.09% of the
Company's issued share capital.
- Mr Kieran Mahon (57) has been appointed as non-executive director with immediate effect.
Mr Mahon was, from 20 August 2015 until 31 December 2021, the
Group Managing Director of the Company, with primary responsibility
for the Company's UK cold store division, which traded as 'Norish',
which was sold in 2021. Prior to that role in the Company, he was
an equity analyst with J & E Davy. Kieran was also Founder and
CEO of Simply Wild, a distributor of a wide variety of artisan and
health foods. He holds a Master's in Business Administration degree
from Dublin City University.
He is currently promoter and principal shareholder of private
company Oatier Ltd, registered in Ireland, which is developing the
production of oat milk. The other directorships and partnerships
held by Mr Mahon now and over the five years preceding the date of
appointment are as follows (all of which are or were non-executive
and in Irish-registered companies):
Cantwellscourt Farm Limited (Roebuck group company, ceased 20
August 2020);
Grass to Milk Company Ltd (Roebuck group company, ceased 14
November 2019);
Grasslands Walsh Island Limited (current);
Oatier Ltd (current)
Ferncroft Farm Ltd (current)
Nuhall Retail Services Ltd (Affiliate of Oatier Ltd,
current);
X For Earth Limited (current).
Mr Mahon holds 1,985,286 ordinary shares in the Company
amounting to approximately 6.6% of the Company's issued share
capital.
Save as set out above, there is no additional information under
Schedule 2, paragraph (g) of the AIM Rules for Companies which
needs to be disclosed.
Commenting on the changes, Roebuck Chairman Ted O'Neill
stated:
"The 1(st) of May this year will mark the 20(th) anniversary of
my becoming Chairman of the Company. I have been privileged and
pleased to have led its development during that time, and most
recently, in the successful disposal of our cold store division in
2021 and return of capital to shareholders.
I am also delighted at the return of Kieran Mahon to the Board.
His skills and experience will be greatly appreciated as the
Company moves onto the next phase of its development."
A further announcement will be made in the coming weeks, giving
further details of board structure and responsibilities.
Enquiries:
Roebuck Food Group plc
Gerard Murphy, Group Company Secretary
Telephone: + 44 28 3025 7760
Davy Corporate Finance (Nomad)
Anthony Farrell
Telephone: + 353 1 679 6363
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAGIGDSDSBDGXS
(END) Dow Jones Newswires
April 14, 2023 05:00 ET (09:00 GMT)
Roebuck Food Group Public (LSE:RFG)
Historical Stock Chart
From Jul 2024 to Aug 2024
Roebuck Food Group Public (LSE:RFG)
Historical Stock Chart
From Aug 2023 to Aug 2024