Directorate Change

RNS Number : 8462A
McBride PLC
03 June 2019



3 June 2019


For immediate release


McBride plc

Directorate Change


McBride plc ("McBride" or the "Company") is pleased to announce the appointment of Mr Igor Kuzniar as a Non-Executive Director with immediate effect. This appointment follows recent constructive discussions with Teleios Capital Partners LLC ("Teleios") regarding Board composition and governance considerations. Igor will join the Board and will become a member of the Nominations Committee and participate as an observer on both the Remuneration Committee and the Audit Committee. Igor is a Founding Partner of Teleios, an investment firm headquartered in Switzerland. Teleios is currently the largest shareholder in McBride with a shareholding of 28.00% of the issued share capital of the Company.


Before founding Teleios in 2013, Igor was a Partner at Octavian Advisors, an investment company. Prior to this, he worked as a management consultant for McKinsey & Company in Switzerland. Igor holds an MBA from the Harvard Business School.


John Coleman, Chairman of McBride, said "The Board are pleased to welcome Igor with his extensive and relevant experience in finance, restructuring and strategy. We look forward to working closely with him as we look to recruit a CEO to succeed Rik De Vos and to lead McBride into the next phase of its growth ambitions."


McBride has been notified that there are no details to be disclosed in respect of Igor Kuzniar pursuant to Rule 9.6.13 of the Listing Rules of the UK Listing Authority.



McBride plc


John Coleman, Chairman

0161 203 7570

Chris Smith, CFO




FTI Consulting


Ed Bridges, Nick Hasell

020 3727 1017



About Teleios Capital Partners

Teleios Capital Partners is an investment firm headquartered in Switzerland with over $1 billion in assets under management. Teleios invests in mid-cap companies across all sectors in Europe, with the objective of creating long-term value for all shareholders. Founded in 2013, Teleios manages assets on behalf of an institutional investor base of endowments, foundations and pension plans.


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Mcbride (MCB)
UK 100

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