Appointment of Non Executive

RNS Number : 0069U

Spice PLC

17 June 2009

 



17 June 2009

Spice plc

Appointment of Non Executive Directors

The Board of Spice plc ("Spice" or "the Group"), the provider of Total Utility Support Services, is pleased to announce the appointment of Martin George Towers and Julie Margaret Baddeley as Non Executive Directors, with effect from 23 June 2009 and 1 August 2009 respectively. 

Martin, aged 56, is a Chartered Accountant and has had extensive public company experience most recently as Finance Director of Kelda Group plc. He has also served as Finance Director of Allied Textiles Companies plc and Spring Ram Corporation plc. He is currently a Non Executive Director of RPC Group plc and KCOM plc and has previously served as a Non Executive Director of Homestyle Group plc. Following conclusion of Spice's Annual General Meeting on 26 August 2009, Martin will assume the Chairmanship of the Group's Risk Committee and will become a member of the Audit Committee.

Julie, aged 58, is a Non-Executive Director of Greggs plc, Camelot Group plc and the Department of Health. Prior to this, Julie served as a Non-Executive Director of Yorkshire Building Society, ComputerLand UK plc and the BOC Group. She has held senior executive roles at Accenture and the Woolwich plc, where she had main board responsibility for IT and HR. Julie is an Associate Fellow at Oxford University where she lectures on business transformation and culture change. Following conclusion of Spice's Annual General Meeting, Julie will assume the Chairmanship of the Group's Remuneration Committee and will become a member of the Nominations Committee.

Separately John Taylor, Non Executive Director and Deputy Chairman of Spice, has notified the Board of his decision to retire as a Director, following the conclusion of the Group's Annual General Meeting.

Peter Cawdron, Non Executive Chairman, commented:

"I am delighted to welcome Martin and Julie to the Board of Spice as Non Executive Directors. Both Martin and Julie have extensive experience gained within a number of business sectors. I believe that their expertise and insight will significantly strengthen the Spice Board.

"On behalf of the Board, I would also like to thank John for his contribution over eleven years at Spice. He has been a long servant of Spice, initially as Chairman and more recently as Deputy-Chairman, over which time he has overseen significant growth in, and development of the Group's operations. John leaves with the best wishes and thanks of everyone at Spice and we wish him well for the future."

Ends

Enquiries:

Spice plc Simon Rigby, Chief Executive Officer Oliver Lightowlers, Group Finance Director	Tel: [phone]
Financial Dynamics Billy Clegg Caroline Stewart Alex Beagley	Tel: [phone]
KBC Peel Hunt (Broker) Julian Blunt (Corporate finance) Matthew Tyler (Corporate broking)	Tel: [phone]

Further information 

There are no further disclosures required under Listing Rule 9.6.13. 

Martin Towers, including connected parties, has no beneficial interest in Spice's issued share capital. 

Julie Baddeley, including connected parties, has no beneficial interest in Spice's issued share capital. 

NOTES TO EDITORS

Spice plc

Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, although the range of activities has since been expanded into other niche areas. The Group is organised into two divisions to match its utility customer base; a Supply Division; and a Distribution Division.  Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.

 

END

 

 

BOAFGGMVVVKGLZM