Gusbourne PLC Directorate Change (8628X)
September 02 2020 - 11:15AM
UK Regulatory
TIDMGUS
RNS Number : 8628X
Gusbourne PLC
02 September 2020
02 September 2020
Gusbourne Plc
("Gusbourne", the "Company" or the "Group")
Directorate Change
Gusbourne (AIM: GUS) today announces that it has appointed James
("Jim") Ormonde as a Director and Non-Executive Chairman. Jim will
take over the chairmanship from Andrew Weeber, the founder of the
business, who will remain on the Board of the Company as a
Non-Executive Director.
Jim Ormonde is a former newspaper and BBC journalist who left
broadcasting to build Cardsave, one of the UK's largest independent
card payment companies, now owned by WorldPay/FIS. Since selling
Cardsave, he has served on several private and public boards whilst
providing strategic advice to numerous large corporates and private
equity firms. He recently founded a multi-family office in New York
and London.
Andrew Weeber founded the business in 2003 when he planted he
planted the first vines on the Gusbourne estate in Kent, and made
the decision then to strive for best practice and quality in all
aspects of viticulture and wine making including longer lees ageing
to match the best quality sparkling wines internationally. The
first sparkling wines were sold in 2010 to critical acclaim.
The business was listed on AIM in 2013 since when it has
continued to develop and expand with the benefit of additional
capital whilst maintaining rigorous attention to detail and quality
in its production of the finest English sparkling wines. Andrew has
stepped down after chairing Gusbourne Plc since 2013 but will
remain on the Board as a Non-Executive Director and continue to
support the Board as it develops its future growth strategy.
Andrew Weeber commented, " Jim has been providing strategic
advice to Gusbourne for almost two years and has brought tremendous
passion and entrepreneurial spirit to the business during that
time. I'm delighted to welcome him to the board as Chairman and
look forward to working with him and the rest of the team as we
build on Gusbourne's status as a premium English sparkling wine
brand ."
Jim Ormonde commented, " I'm thrilled to accept the challenge of
chairing the Board of this quintessential English brand as we build
on the culture of relentless quality Andrew has very carefully
established throughout Gusbourne's development. I thank Andrew for
chairing the Company and look forward to working with him and the
rest of the Board as we enter an exciting new period of growth. I
must also pay tribute to the Company's talented leadership team who
continue to win accolades from the sternest wine critics around the
world, delighting an ever-growing audience who appreciate
Gusbourne's determination to produce the finest English wines with
integrity and respect for our unique terroir by using only the
grapes we grow ours elves."
The following details in relation to the appointment of Mr James
Ormonde (aged 49) are disclosed in accordance with Schedule 2(g) of
the AIM Rules:
Current directorships Past directorships held within
last 5 years
RMS Holdco Limited Monde Eyewear Ltd
Anston Alpha Strategies LLP
Anston Capital LLP
Black Desk Consulting Limited
-------------------------------
There is no further information to be disclosed in relation to
Mr James Ormonde's appointment pursuant to AIM Rule 17 or paragraph
(g) of Schedule Two of the AIM Rules for Companies.
For further information contact:
Gusbourne Plc
Charlie Holland +44 (0)1233 758 666
Canaccord Genuity Limited
Bobbie Hilliam
Georgina McCooke +44 (0)20 7523 8000
Note: This announcement and other press releases are available
to view at the Company's website: www.gusbourneplc.com
Note to Editors
Gusbourne PLC ("the Company") is engaged, through its wholly
owned subsidiary Gusbourne Estate Limited (together the "Group"),
in the production and distribution of a range of high quality and
award winning English sparkling wines from grapes grown in its own
vineyards in Kent and West Sussex. The majority of the Group's
mature vineyards are located at its freehold estate at Appledore in
Kent where the winery is also based.
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END
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