Celtic PLC Directorate Change (2858N)

TIDMCCP

RNS Number : 2858N

Celtic PLC

29 January 2021

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Celtic PLC

29 January 2021

CELTIC PLC

(the "Company", "Celtic" or the "Club")

Directorate Change

Retirement of Peter Lawwell

and

appointment of Dominic McKay as Chief Executive Officer

The directors of the Company announce that Peter Lawwell, Chief Executive Officer of the Company, has tendered his resignation and will retire from his role on 30 June 2021.

Peter joined the Club as Chief Executive in 2003 and has since overseen a period of unprecedented success which has delivered 29 trophies to the Club, including 13 leagues titles, four domestic Trebles and participation in the last 16 of the UEFA Champions League on three occasions.

The directors are delighted to confirm that Dominic McKay, the current Chief Operating Officer of the Scottish Rugby Union Limited, will assume the role of Chief Executive Officer and a director of the Company with effect from 1 July 2021.

Commenting on the announcement, Chairman, Ian Bankier said:

" On behalf of the directors, shareholders and Celtic supporters all around the world, we would like to thank Peter for his huge commitment to the Company as Chief Executive Officer. Peter has served Celtic with distinction for over 17 years during which time, the Club has enjoyed unprecedented success both on and off the field.

Peter's expertise, intelligence and judgement has guided Celtic brilliantly through the past 17 years and as a Chairman, I could not have hoped to work with a more able and skilful Chief Executive - someone with Celtic in his soul, who has had the Club's best interests at the heart of every decision he has made. He will be regarded as a man who has played a pivotal role in our history and we should always respect the huge impact he has had on the Club.

Whilst we accept Peter's decision with great sadness, the Club is delighted to announce the appointment of Dominic McKay who will take over the role of Chief Executive Officer upon Peter's departure. Dominic is an experienced executive of the highest calibre, who has been responsible for delivering impressive commercial and sporting success in his current role with Scottish Rugby and as Chairman of the Guinness Pro14 League. He will now bring his breadth of high performance sport experience to drive the Club forward and our focus will be to support Dominic to ensure a smooth transition. He is a person of the highest integrity with formidable talents that will be real assets to the Club going forward.

The directors look forward to working with Dominic towards delivering future success".

Dominic joined Scottish Rugby in January 2008 (aged 29) as Director of Communications and Public Affairs from his previous post at Pernod Ricard. Dominic took on a broader portfolio of group responsibilities in 2011, becoming Chief Operating Officer in 2015. During his time in the role at Scottish Rugby, the organisation has been transformed on and off the field. Dominic has been responsible for all group commercial matters, corporate affairs, government relations, stadium and facilities as well as overseeing the development of Scotland's two premier rugby clubs Glasgow Warriors and Edinburgh Rugby in a European context. He also sits on the Board of a number of international rugby organisations.

Pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies, the following information is disclosed in respect of Dominic Christopher McKay, aged 42.

 
 Current Directorships and Partnerships    Past Directorships and Partnerships 
                                            over the last 5 years 
 Scottish Rugby Union Limited              Ocean Youth Trust (Scotland) 
  (SC132061)                                (SC193204) 
  Guinness Pro14 Rugby League 
  Old Glory DC - Rugby Washington 
                                         -------------------------------------

Dominic McKay does not hold any shares or options in the Company.

There is no further information regarding Dominic McKay which is required to be disclosed under the AIM Rules.

For further information contact:

Celtic plc

   Ian Bankier, Chairman                 Tel: 0141 551 4235

Michael Nicholson, Company Secretary

Iain Jamieson, Public Relations

Canaccord Genuity Limited, Nominated Adviser & Broker

Simon Bridges

   Richard Andrews                           Tel: 0207 523 8000

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END

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