Science in Sport PLC Appointment of Chief Financial Officer (8816L)
September 11 2019 - 2:01AM
UK Regulatory
TIDMSIS
RNS Number : 8816L
Science in Sport PLC
11 September 2019
11 September 2019
SCIENCE IN SPORT PLC
("SiS", "Company" or "Group")
Appointment of Chief Financial Officer
Science in Sport plc (AIM: SIS), the premium performance
nutrition company serving elite athletes, sports enthusiasts and
the gym lifestyle community, is pleased to announce the appointment
of James Simpson as Chief Financial Officer. James, an experienced
finance executive with a track record in the e-commerce and
consumer sectors, will join the Group, and Board, on 26 September
2019.
He joins Science in Sport from ASOS plc, the AIM-listed fashion
e-tailer, where he held the title of Operational Finance Director.
Prior to ASOS, James held senior financial roles at the consumer
businesses Britvic plc and Tesco plc.
James qualified as an accountant with PwC in 1998. His early
career was in audit at PwC after which he worked in finance roles
at Cadbury Schweppes, L'Oreal and Royal Dutch Shell before joining
Tesco.
In addition to his executive career, James has been a
longstanding non-executive director at the arts charity Fevered
Sleep.
James's appointment at Science in Sport follows the Company's
announcement on 12 June 2019 stating that Elizabeth Lake, the
Company's former Chief Financial Officer, would leave the Company
on 10 September 2019.
John Clarke, Science in Sport's Non-Executive Chairman,
commented:
"We are delighted to welcome James as Chief Financial Officer of
Science in Sport at an exciting time in the Group's development.
James brings a wealth of financial experience gained in the
e-commerce and consumer sectors, particularly in the planning and
management of international growth. We look forward to working with
James as we continue to deliver our international growth
strategy."
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies. James Lonsdale
Simpson (44 years of age) has been a director or partner of the
following companies during the five years preceding the date of
this announcement:
Current directorships Past directorships
Fevered Sleep None
-------------------
There is no further information to be disclosed pursuant to Rule
17 or Schedule Two paragraph (g) of the AIM Rules for
Companies.
For further information:
Science in Sport plc
Stephen Moon, Chief Executive Officer +44 (0) 20 7400 3700
Liberum
Nominated adviser and broker
Bidhi Bhoma
James Greenwood +44 (0) 20 3100 2000
Buchanan Communications +44 (0) 20 7466 5000
Financial PR ScienceInSport@buchanan.uk.com
Mark Court
Vicky Hayns
Tilly Abraham
Notes to Editors
About Science in Sport plc
Science in Sport plc is a leading sports nutrition business that
develops, manufactures and markets innovative nutrition products
for professional athletes, sports and fitness enthusiasts and the
gym lifestyle community. The Company has two highly regarded
brands: PhD Nutrition, a premium protein brand targeting gym
lifestyle and sports enthusiasts, and SiS, a leading brand among
elite athletes and professional sports teams.
The two brands are sold internationally through multiple retail
channels, both traditional and online, including major supermarkets
and high street chains, specialist sports retailers and e-commerce
sites including Amazon and the brands' own websites. They enable
the Company to address the full breadth of the performance
nutrition market currently estimated at approximately GBP10 billion
worldwide.
PhD is one of the UK's leading protein brands with a reputation
for high quality and product innovation. The brand has grown
rapidly, based on its core protein powders, since launch in 2005.
The range now comprises powders, bars, flapjacks, drinks and other
products including the high protein, low sugar range, PhD Smart.
PhD is the exclusive sports nutrition supplier to David Lloyd Clubs
and its brand ambassadors include rapper Bugzy Malone, WBA
international champion Jordan Gill and Team GB Olympic sprinter
Asha Philip.
SiS, founded in 1992, has a core range comprising gels, powders
and bars focused on energy, hydration and endurance. SiS is the
official sports nutrition supplier to many professional cycling
teams and organisations including Team INEOS, British Cycling,
Cycling Australia, USA Cycling and USA Triathlon. SiS supplies more
than 80 professional football clubs in the UK and is an official
partner to British Triathlon and the Rock 'n' Roll Marathon Series.
SiS brand ambassadors include Olympians Sir Chris Hoy MBE, Mark
Cavendish MBE and Adam Peaty MBE.
Science in Sport is headquartered in London. Its shares joined
the AIM market of the London Stock Exchange in August 2013 and
trade under the ticker symbol SIS.
For further information, please visit www.scienceinsport.com
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END
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