Benchmark Holdings PLC Board Succession (3979D)
January 31 2018 - 2:00AM
UK Regulatory
TIDMBMK
RNS Number : 3979D
Benchmark Holdings PLC
31 January 2018
31 January 2018
Benchmark Holdings plc
("Benchmark" or the "Company" or the "Group")
Board Succession
Benchmark (AIM: BMK), the aquaculture health, nutrition and
genetics business, announces ahead of the Company's Annual General
Meeting, that its Chairman Alex Hambro has communicated his
intention to retire from the Board to focus on his other business
interests and non-executive roles. Accordingly, the Board has
commenced a search for his successor, and will plan for an orderly
handover once an individual is identified.
This process corresponds with the Company's ongoing transition
from a phase of rapid acquisition-led growth since its IPO in
December 2013, to one more focused on organic growth, integration
and operational execution. Over the last three years, Benchmark has
built an international platform with strong market positions in
health, advanced nutrition and genetics, that are each centred on
the large and growing aquaculture market.
The Group is now focused on improving its profitability through
leveraging its global platform and is reviewing its activities in
areas that fall outside of aquaculture. As reported in our recent
preliminary results, substantial progress is being achieved across
all of the Group's activities.
Alex Hambro said:
"Since the IPO in 2013, Benchmark has created a unique group,
comprised of a team of the most talented aquaculture professionals
to be found anywhere in the world, and which would be impossible to
replicate. Now that the strategic focus of the business has
switched to the international integration of the operating
divisions, I look forward to bringing my successor on board and
ensuring a seamless handover."
ENDS-
Benchmark Holdings plc Tel: 020 7260 1000
Malcolm Pye, CEO
Ivonne Cantu, Investor Relations
Director
Rachel Aninakwah, Communications
Numis Tel: 020 7260 1000
Michael Meade / Freddie Barnfield
(NOMAD)
James Black (Corporate Broking)
MHP
Katie Hunt / Reg Hoare /Alistair Tel: 020 3128 8742
de Kare-Silver 07551 170 451
benchmark@mhpc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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