Strictly embargoed until 07.00, 8 August 2017

Real Good Food plc

("Real Good Food" or "the Company")

Board Changes

Real Good Food plc (AIM: RGD) the diversified food business, is pleased to announce the appointment of Harveen Rai as Finance Director and Company Secretary of the Company with effect from 14 August 2017. Harveen Rai will replace David Newman, who will be stepping down from the Board with immediate effect but who will remain with the Company for a period of time in order to ensure an orderly handover.

The Company also announces the appointment of Hugh Cawley as Non-Executive Director of the Company with immediate effect. Furthermore Pieter Totté, Executive Chairman of the Company, has resigned from the Company and stepped down from the Board with immediate effect.

Pat Ridgwell, Non-Executive Director has assumed the role as Interim Chairman until a permanent Chairman can be appointed and Christopher Thomas, currently a Non-Executive Director has assumed the role of Executive Director.  

Harveen has approximately 20 years of experience, predominately in fast moving consumer goods listed companies. She was previously Chief Financial Officer at Arzyta UK Holdings Ltd ("Arzyta"), where she was involved in implementing and streamlining the processes and controls of the company. During her time at Aryzta, Harveen was also involved in developing and strengthening the regional finance teams to grow in line with the needs of the business. Prior to her time at Aryzta, Harveen spent over 10 years working at LSG Sky Chefs, a global airline catering company which is owned by Lufthansa, listed on the German Stock Exchange. Harveen is a member of the Chartered Institute of Management Accountants.

Hugh Cawley, FCA, is an experienced finance professional with extensive public company experience with a particular focus on businesses facing a major strategic challenge or undergoing significant corporate change. His public company executive roles have included spells with S Daniels PLC, Dawson Holdings PLC, office2office plc and, most recently, Progility plc and Driver Group plc.

In addition to his role as Independent Non-Executive Director, Hugh will take on the role as Head of the Company's Audit Committee.

Judith Mackenzie, who was appointed to the Board as Non-Executive Director on 29 June 2017, will take on the role as Head of the Remuneration Committee going forward.

ENQUIRIES: 

The following information regarding the appointment of Harveen Sandhu Rai, aged 42, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

Harveen Rai has no shareholding in the Company.

The following information regarding the appointment of Hugh Charles Laurence Cawley, aged 60, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

In addition, of his past directorships, the following is a list of companies that Hugh has been a director of that have been placed into administration or examinership whilst he was, or within 12 months of being, a director:

Surridge Dawson Ltd, a subsidiary of Dawson Holdings plc, went into administration in August 2009 following the Office of Fair Trading Opinion which saw competition in newspaper and magazine distribution reduce from three national players to two.

William Sinclair Holdings plc was placed into administration in July 2015, two months after Hugh's resignation as a non-executive director, and was subsequently sold in a pre-pack deal to Westland Horticulture.

Petroceltic International plc entered examinership under Irish law in April 2016 at which time Hugh was a non-executive director of the company. In June 2016 the examiner approved the sale of Petroceltic to its principal minority shareholder, Worldview Economic Recovery Fund.

Hugh Cawley has no shareholding in the Company.

There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.