RNS Number : 1734F
13 November 2020
13(th) November 2020
CPP Group plc
("CPP Group" or "the Group")
Appointment of Non-Executive Director
CPP Group (AIM:CPP), the international products and services
business, today announces David Morrison has joined its Board as a
non-independent non-executive director.
David brings more than 35 years' experience of active engagement
in both private and public companies.
In 1999, he founded Prospect Investment Management, which was
responsible for making a range of investments on behalf of its
clients, and in early stage companies including PayPoint Plc,
Venture Production Plc and MessageLabs Group, of which he was
chairman prior to its sale.
In addition to those companies, he has sat on the board of
several private and public companies both in the UK and
He will operate in a non-independent capacity as a
representative of Hamish Ogston, CPP's founder and largest
shareholder, and will sit on the Board's Audit and Risk &
Sir Richard Lapthorne, CPP Group Chairman, said:
"I am very pleased to welcome someone of David's calibre to our
Board and look forward to the contribution he will make. His
extensive experience in corporate roles will give us valuable
insight as we continue to grow our business across the world."
David Morrison, incoming Non-Executive Director, said:
"CPP Group has demonstrated a strong track record in adding
considerable value to its business partners and their customers.
This has included investing in, or acquiring, start-up ventures and
helping them grow to become significant contributors to the Group's
success. It is an exciting time for the business and I am looking
forward to contributing to the Group's ongoing growth."
David John Morrison, 61, is or has been a director in the
following companies during the past five years:
The Garden Museum
Strategic Equity Capital Plc
Abbotts Ann Farming Limited
Templeco 684 Limited
Singula Decisions Limited
The Houghton Club Limited
Prospect Investment Management Limited
PIML Properties Limited
Be Heard Group Limited
The Corner Communications (London) Limited
Record Treasury Management Limited
Mondis Technology Limited
Snoozebox Holdings Plc
Grupa Duon SA (Formerly KRI and CP Energia)
David Morrison was a non-executive director of Patrizia Wigan
plc, a privately owned company, which went into receivership in
June 1992. Unpaid creditors, predominantly shareholder loans,
amounted to GBP583,109. David Morrison was also a non-executive
director of Purepower Group Limited, a privately owned company,
which was placed into voluntary liquidation on 25 November
The Board confirms that no further disclosures are required
pursuant to Schedule 2, paragraph (g) of the AIM Rules for
Companies in respect of the proposed appointment of David Morrison
to the Board of CPP Group plc.
CPP Group plc via Alma PR
Jason Walsh, CEO
Oliver Laird, CFO
Lorraine Beavis, Group Company Secretary
Investec Bank plc (Nominated Adviser & Corporate Broker) +44 (0)20 7597 5970
Alma PR (Financial PR Adviser) +44 (0)20 3405 0205
Josh Royston cpp @almapr.co.uk
About CPP Group:
CPP Group makes millions of lives easier and better protected.
We partner with large scale companies across the globe to
understand their customers' needs and meet them through a range of
popular ancillary products and services which add value to their
core business. Specialising in the financial services and insurance
sectors, we achieve long-term, sustainable growth through
innovation, specialist digital capability and a culture that brings
out the best in our people. We are listed on AIM, operated by the
London Stock Exchange.
You can find out more about us at our website .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact firstname.lastname@example.org or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
(END) Dow Jones Newswires
November 13, 2020 02:00 ET (07:00 GMT)
Historical Stock Chart
From Nov 2021 to Dec 2021
Historical Stock Chart
From Dec 2020 to Dec 2021