31 March 2016
(“PHSC” or the “Company”)
Change of Non-Executive Director and Company Secretary
PHSC plc (“the Group”), a leading provider of health, safety, hygiene and environmental consultancy services and security solutions to the public and private sectors, announces a change to its Board of Directors with effect from 1 April 2016.
Mike Miller will leave the Board upon expiry of his current term of appointment on 31 March 2016. Mr Miller has served as a non-executive Director of the Company since its admission to trading on AIM in June 2005. Mr Miller has played a key role in overseeing the Company’s recent acquisition programme and the Board would like to extend its grateful thanks for Mr Miller’s dedication and insightful contribution over the past decade.
Lorraine Young is appointed as non-executive director with effect from 1 April 2016. Ms Young graduated from Leeds University with a BSc (Hons) degree in Chemical Sciences and set up her own company secretarial practice following a successful career in the City. She is immediate past President and a Fellow of the ICSA The Governance Institute. Her previous roles include Company Secretary at Brambles Industries plc and Head of the Group Secretariat at Standard Chartered PLC. These posts involved key roles in acquisitions and disposals, bid defence, overseas board visits, directors’ induction and continuing professional development, complex international share plans, and promoting clear communication to shareholders and employees. This skillset and wealth of experience will prove invaluable to the Board of the Company.
Upon appointment as a non-executive director, Lorraine Young will resign as Company Secretary, a post she currently holds in a personal capacity. Lorraine Young Company Secretaries Limited will be appointed as Company Secretary and the statutory functions will be carried out by other members of her team.
The following information is provided in accordance with paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Lorraine Elizabeth Young (aged 53) currently holds, and has held (including all appointments during the five years preceding the date of this announcement), the following directorships and partnerships, other than of the Company:
Directorships/Partnerships also held within the previous five years
Lorraine Young Limited
Again Productions Ltd
Lorraine Young Company Secretaries Ltd
Lorraine Young Directors Ltd
Lorraine Young does not currently hold any shares with voting rights in the Company, nor has she been granted any options over the share capital of the Company.
No further information relating to Lorraine Young is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules.
For further information please contact:
Stephen King 01622 717700
Sanlam Securities UK Limited (Nominated adviser) 0203 861 6625
Edward Hutton/David Hignell
Beaufort Securities Limited (Sole Broker) 020 7382 8300