CLI Cls Holdings Plc

TIDMCLI

RNS Number : 0114H

CLS Holdings PLC

13 May 2014

   Release date:                13 May 2014 
   Embargoed until:            Immediate 

CLS Holdings plc

("CLS", the "Company", the "Group")

Directorate Changes

CLS Holdings plc is pleased to announce the appointment of Elizabeth Edwards as an independent Non-Executive Director with immediate effect.

Mrs Edwards, 57, is a qualified Chartered Surveyor with over 20 years' experience in the banking industry. She was most recently Head of UK Property Lending at Landesbank Berlin, having previously held senior positions in London with National Australia Bank, Berlin Hyp and Westdeutsche Immobilienbank. Prior to her banking career, she worked for PricewaterhouseCoopers as a management consultant.

Mrs Edwards is a Trustee of the Salvation Army International Trust, a Fellow of the Royal Institution of Chartered Surveyors, a member of the Association of Property Lenders, and the Master of the Worshipful Company of Chartered Surveyors.

CLS also announces the retirement from the Board of three Non-Executive Directors: Mr Tom Thomson; Ms Brigith Terry; and Mr Claes-Johan Geijer.

Sten Mortstedt, Executive Chairman of CLS, comments:

"I am delighted that Elizabeth has agreed to join CLS. She has significant banking, property and business experience which will complement the existing range of skills on the Board.

"I would like to thank Tom for his long-standing contribution to the success of the Group, having served as a Director for over 20 years in both an executive and a non-executive capacity.

"I would also like to thank Brigith and Claes-Johan for their contributions to the Board, and wish them well in their future endeavours.

"As part of our commitment to good corporate governance, these changes, together with the appointment of Lennart Sten announced on 23 April 2014, will enhance the Board's independence and refresh its experience and expertise."

-ends-

For further information, please contact:

   CLS Holdings plc                                                         +44 (0)20 7582 7766 

www.clsholdings.com

Sten Mortstedt, Executive Chairman

Henry Klotz, Executive Vice Chairman

and Acting Chief Executive Officer

John Whiteley, Chief Financial Officer

   Liberum Capital Limited                                             +44 (0)20 3100 2222 

Tom Fyson

   Charles Stanley Securities                                          +44 (0)20 7149 6000 

Mark Taylor

   Kinmont Limited                                                          +44 (0)20 7087 9100 

Jonathan Gray

   Smithfield Consultants (Financial PR)                         +44 (0)20 7903 0669 

Alex Simmons

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOALLFESERIVLIS

Cls (LSE:CLI)
Historical Stock Chart
From Jun 2024 to Jul 2024

Cls (LSE:CLI)
Historical Stock Chart
From Jul 2023 to Jul 2024