Zinc Media Group PLC Board Changes (2574G)
November 05 2018 - 2:00AM
UK Regulatory
TIDMZIN
RNS Number : 2574G
Zinc Media Group PLC
05 November 2018
5 November 2018
Zinc Media Group plc ("Zinc Media" or the "Company")
Board Changes
Zinc Media announces the following changes to its board
composition.
David Galan has announced his intention to step down as CEO in
2019 to pursue a business opportunity in an unrelated sector. The
Company is currently reviewing the composition of the Board -
specifically the executive leadership role - and the search for
David's replacement will commence immediately. David intends to
continue to work with the Company in order to facilitate an orderly
transition to his successor ahead of his departure, supported by
Peter Bertram, Chairman, and Will Sawyer, who recently joined the
Board as CFO. The Board expresses its thanks to David for his
contribution to the business since his appointment in January
2016.
The Company is pleased to confirm that Harry Bell, managing
director of Tern Television Productions Limited ("Tern
Television"), has joined the Board as an executive director with
immediate effect. Harry has spent his entire career in the
television industry, having started working at ITV as one of the
station's youngest TV producers. Harry is a multi-award winning
producer who is responsible for both the commercial and creative
direction at Tern Television and has grown Tern Television into one
of the leading dual-nation independent TV companies in the UK.
Since its acquisition by Zinc Media in 2017, Tern Television has
traded strongly and recently hit its first-year earnings
target.
Due to other business commitments, Jonathan Goodwin will be
stepping down as a non-executive director with immediate effect.
The Board would like to thank Jonathan for his service. A search
for a new non-executive is already underway.
Peter Bertram, Chairman, commented:
"Whilst we will be sad to see David relinquish his CEO role, we
are grateful for the role he has played in the transformation of
Zinc Media over the last few years, and believe that firm
foundations have been laid for the future growth and success of the
business. I am pleased that David will remain involved with the
Company and be available to hand over the reins to his successor,
once one has been appointed.
We are delighted to welcome Harry as a director of the Company,
adding further depth in television experience to the Board"
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Peter Bertram, Chairman
David Galan, CEO
www.zincmedia.com
N+1 Singer (NOMAD and Joint Broker to Zinc Media) +44 (0) 20 7496 3000
Mark Taylor / Lauren Kettle
Peterhouse Corporate Finance Limited
(Joint Broker) +44 (0) 20 7469 0932
Martin Lampshire / Duncan Vasey / Eran
Zucker
Douglas Harry Alexander Bell, 48, is currently a director of
Tern Television Productions Limited, Great Northern Films Limited
and Gadabout Films Limited. He has not been a partner or director
of any other companies at any time during the last five years.
Harry is holding 38,554,803 ordinary shares and options over
4,000,000 ordinary shares in the capital of the Company. There is
no other information to be disclosed in accordance with Schedule
2(g) of the AIM Rules for Companies.
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END
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