Cellcast plc Directorate Changes (9897J)
July 04 2017 - 2:00AM
UK Regulatory
TIDMCLTV
RNS Number : 9897J
Cellcast plc
04 July 2017
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
04 July 2017
Cellcast plc
("Cellcast", the "Group" or the "Company")
Directorate changes
Cellcast plc (AIM: CLTV) today announces the following board
changes that will come into effect immediately.
Andrew Wilson, the Chief Executive Officer and one of the
founders of the Company, is resigning as a director of the Company
with immediate effect, in order to pursue other opportunities.
Andrew has agreed to assist Cellcast in transitioning both his
existing domestic and international responsibilities and to make
himself available to provide advice to the Company in the future,
as required on an ad hoc basis.
The board of Cellcast (the "Board") is pleased to announce the
appointment of Craig Gardiner to the Board as the Company's Chief
Executive Officer. Craig Gardiner has been with the Company since
its foundation in 2002, previously as the General Manager of all
aspects of Cellcast's operations. Prior to that, Craig was General
Manager of international telemedia services provider VISL,
supervising its activities across Europe and Asia. Craig has over
25 years' multinational experience in the information service,
telecoms and broadcasting sectors and is abreast of all of
Cellcast's key commercial relationships.
The Board is also pleased to announce that Bertrand Folliet,
previously a non-executive director, has been appointed as Director
of Strategy and Business Development in an executive capacity. Mr
Folliet's experience and expertise in international business is
significant and will assist the Board in developing the Company's
strategy.
The Board intends to appoint an additional independent
non-executive director and the Company has identified a candidate.
Further updates will be provided in due course.
Commenting on the board changes, Mike Neville, Non-Executive
Chairman, said:
"Andrew Wilson has been at the heart of this company over many
years, and has done a wonderful job in very difficult
circumstances, and with complex changing market sectors. I and the
rest of the Board thank him for his efforts and wish him well in
his new endeavours.
"I would like to welcome Craig to the board, who has a detailed
understanding of all UK operations, which is where the Company
finds its current challenges, and I am sure he will do a great job
for the Company and its shareholders.
"Likewise, I am delighted that Bertrand has accepted the role of
Director of Strategy and Business Development an area in which he
has a vast amount of experience and expertise to contribute to
identifying and pursuing our growth opportunities."
Regulatory disclosures
Craig Gardiner, aged 56, is or has been a director of the
following companies in the past five years:
Current directorships/partnerships Past directorships/partnerships
* SPT Worldwide Ltd * Special Gaming Systems Limited
* TViewMedia Ltd * Sky TeleMedia (UK) Limited
* Majestic TV Ltd
* Conscious Steam Ltd
* MediaCast TV Ltd
Mr Gardiner was appointed as a director of Sky Telemedia (UK)
Limited on 2 October 2000. This company entered into creditors'
voluntary liquidation proceedings and was then subsequently
dissolved on 25 October 2016.
Mr Gardiner was appointed as a director of Gamecast UK Limited
on 19 December 2003. This company entered into creditors' voluntary
liquidation proceedings and was then subsequently dissolved on 16
September 2011.
For further information:
Cellcast plc 020 3376 9420
Mike Neville - Non-Executive Chairman
Emmanuelle Guicharnaud - Finance
Director
Allenby Capital Limited (Nominated
Adviser and Broker) 0203 328 5656
Nick Naylor / James Reeve
This information is provided by RNS
The company news service from the London Stock Exchange
END
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