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Smiths News plc was notified by Michael Holt, an independent Non-Executive Director. He reported that Tuffnells Parcels Express Limited, a company in which he is a director, entered administration with effect from 12 June 2023.
| Date | 12 Jun 2023 |
| Time | 17:12:47 |
| Category | Miscellaneous |
| ID | 4536C |
12 June 2023
Smiths News plc
("the Company")
Director Notification
In accordance with Listing Rule 9.6.14R(1), the Company acknowledges that it has today been notified by Michael Holt (independent Non-Executive Director) that a company in which he is a director (Tuffnells Parcels Express Limited) has entered administration with effect from 12 June 2023.
The Company confirms that there is no further information about Michael Holt requiring disclosure under paragraph 9.6.13R (2) to (6) of the Listing Rules of the Financial Conduct Authority.
Enquiries:
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Smiths News plc Jonathan Bunting, Chief Executive Officer Paul Baker, Chief Financial Officer |
Via Buchanan |
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Buchanan Richard Oldworth / Jamie Hooper / Toto Berger smithsnews@buchanan.uk.com |
020 7466 5000 |
About Smiths News PLC
Smiths News PLC and its core business, Smiths News, is the UK's largest newspaper and magazine wholesaler, with an approximate 55 per cent. market share. It distributes newspapers and magazines on behalf of the major national and regional publishers, delivering to approximately 24,000 customers across England and Wales on a daily basis. The speed of turnaround and the density of Smiths News' coverage is critical to one of the world's fastest physical supply chains.
Ancillary businesses include: Dawson Media Direct (DMD) which supplies airlines and travel points in the UK; and Instore, which offers field marketing services to retailers and suppliers across the UK.
Person responsible for arranging release of this announcement:
Stuart Marriner, General Counsel & Company Secretary
Smiths News plc
Rowan House
Cherry Orchard North
Kembrey Park
Swindon
SN2 8UH
email: [email protected]