TIDMSDM

RNS Number : 8035O

Stadium Group PLC

10 November 2016

Stadium Group plc

("Stadium", the "Company" or the "Group")

Directorate Change

Stadium (AIM: SDM), a leading supplier of wireless solutions, power supplies and electronic assemblies, announces that Rex Orton, Group Finance Director, has been unable to take up his position with the Company due to ill health and has therefore stepped down from the Board with immediate effect. The Board wishes Rex well with his recovery.

The Board has commenced a process to identify and appoint a suitable replacement and a further update will be provided in due course. As was previously notified, Joanne Estell, the former Chief Financial Officer is still retained by the Group and will continue to provide continuity in the finance role into early 2017.

For further information, please contact:

 
Stadium Group plc                            www.stadiuminvestors.com 
Charlie Peppiatt, Chief                            Tel: 01189 311 199 
 Executive Officer 
 
Walbrook PR              Tel: 020 7933 8780 or stadium@walbrookpr.com 
Paul McManus                                       Mob: 07980 541 893 
Helen Cresswell                                    Mob: 07841 917 679 
 
N+1 Singer                                         Tel: 020 7496 3000 
Richard Lindley 
Nick Owen 
 

About Stadium Group plc (www.stadiumgroupplc.com)

Stadium Group plc is a leading supplier of wireless solutions, power supplies and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:

   1.    Technology Products (57% of H1 2016 revenues) 

-- Wireless solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions

-- Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW

   --     Human Machine Interface - intelligent "HMI" integrated solutions 
   2.    Electronic Assembly (43% of H1 2016 revenues) - previously Electronic Manufacturing Services 
   --     Electronic manufacturing services to global original equipment manufacturers 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 10, 2016 02:01 ET (07:01 GMT)

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