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Tandem Group plc announced on 27 April 2022 that Jim Shears, the Chief Executive Officer, will leave the company and resign as a director on 6 May 2022. Stephen Grant, the Non-Executive Chairman, will assume an interim executive role. The Board has commenced a process to identify and appoint a new Chief Executive Officer.
| Date | 27 Apr 2022 |
| Time | 07:00:11 |
| Category | Board changes |
| ID | 4165J |
27 April 2022
Tandem Group plc
("Tandem" or the "Company")
Directorate Change
The Board of Tandem Group plc (AIM: TND), designers, developers and distributors of sports, leisure and mobility equipment, announces that Jim Shears, the Company's Chief Executive Officer, is due to leave the Company by mutual agreement and resign as a director of Tandem on 6 May 2022.
Stephen Grant, the Company's Non-Executive Chairman, will assume an interim executive role.
The Board has commenced a process to identify and appoint a new Chief Executive Officer and will provide further updates in due course.
Enquiries:
Tandem Group plc
David Rock, Company Secretary
Telephone 0121 748 8075
Nominated Adviser and Broker
Cenkos Securities plc
Ben Jeynes - Corporate Finance
Russell Kerr / Michael Johnson - Sales
Telephone 020 7397 8900
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.