TIDMSIS
RNS Number : 4964B
Science in Sport PLC
31 January 2020
31 January 2020
SCIENCE IN SPORT PLC
("Company" or "Group")
Appointment of Non-Executive Director
Science in Sport plc (AIM: SIS), the premium performance
nutrition company serving elite athletes, sports enthusiasts and
the gym lifestyle community, announces the appointment of Roger
Mather as an independent Non-Executive Director and chair of the
Audit Committee with immediate effect.
Roger has broad business experience gained first in audit at
PwC, in London and Hong Kong, and then in executive positions in
consumer and distribution businesses in the UK, Asia Pacific and
North America.
He was Chief Financial Officer of Mulberry Group plc, the
AIM-quoted fashion brand and manufacturer, from 2007 to 2016, a
period of rapid growth at Mulberry during which time he established
international sales channels and implemented the business's digital
strategy. Prior to Mulberry, he worked for more than 10 years at
Otto Group, a privately owned multi-national distribution business,
first as Group Finance Director of the sourcing division based in
Hong Kong and then as Managing Director of a UK division.
From 2017, Roger has focused on non-executive and part-time
roles. He is currently a Non-Executive Director of Quiz plc, the
AIM-quoted omni-channel fast fashion brand, and chair of its audit
and remuneration committees. He is also a pro bono director of The
Berkshire Golf Club Limited and of Beaudesert Park School
Limited.
On 1 October 2019, the Company announced that Raymond Duignan,
Non-Executive Director and the Company's Audit Committee chair,
intended to step down from the Board once a new Non-Executive
Director had been appointed. Accordingly, Raymond will step down
from the Board with immediate effect.
In a futher change to Board committees, existing Non-Executive
Director Tim Wright will become chair of the Company's Remuneration
Committee.
John Clarke, Science in Sport's Non-Executive Chairman,
commented:
"On behalf of the Board, I am delighted to welcome Roger Mather
to Science in Sport as a Non-Executive Director and chair of the
Company's Audit Committee. Roger brings a substantial amount of
corporate governance and commercial experience to the Company as we
continue aggressively to pursue our growth, scale and profit
objectives.
"Roger's knowledge of global branded goods operations, including
supply chain, working capital, customer service, distribution
management and financial systems, will be of significant value to
the Company going forwards. In addition, he brings a familiarity
with both e-commerce and traditional retail.
"I would also like to reiterate the Board's gratitude to Raymond
Duignan, who has served as a Non-Executive Director since 2015. We
thank him for his input to the Company and wish him well for the
future."
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies. Roger Thomas Mather
(54 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
Berkshire Golf Club Limited (The) Mulberry Group PLC
------------------------------------
Quiz plc Mulberry (UK) Limited
------------------------------------
Beaudesert Park School Trust Mulberry Company (Design) Limited
Limited
------------------------------------
Mulberry Company (Europe) Limited
------------------------------------
Mulberry Company (Holdings) Limited
------------------------------------
Mulberry Company (Shoes) Limited
------------------------------------
Mulberry Fashions Limited
------------------------------------
Mulberry Leathers Limited
------------------------------------
Mulberry Company (Sales) Limited
------------------------------------
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
James Simpson, Chief Financial
Officer +44 (0) 20 7400 3700
Liberum
Nominated adviser and broker
Bidhi Bhoma
James Greenwood
Will Hall +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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