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By LSE RNS

RNS Number : 2585Z
Collagen Solutions PLC
14 December 2017
 

 

Collagen Solutions Plc

(the "Company" or the "Group")

 

Appointment of Chief Financial Officer

 

Collagen Solutions plc (AIM: COS), a global supplier, developer and manufacturer of medical grade collagen and tissue components for use in regenerative medicine applications including orthopaedics, dental, wounds, and cardiovascular, is pleased to confirm the appointment of Hilary Spence as Chief Financial Officer ("CFO") as from 3 January 2018, based in our Glasgow office. Hilary will also join the Board at that time. Hilary takes over from Gill Black who has decided to step down as CFO and from the Board for family reasons. Gill will remain with the Company, maintain her role as Company Secretary and will assist Hilary in the smooth transition of roles.

 

Hilary has over 30 years' commercial experience in finance across a number of multi-sector businesses. Over her career Hilary has been involved in a number of successful business transformations where her diverse skills have been used to create, financially evaluate and implement growth strategies. Hilary has worked with a broad range of companies from large corporates including Heineken, Vodafone, Motorola and Premier Foods and smaller more entrepreneurial businesses. Most recently Hilary was Interim CFO at the private equity funded Powerleague, where she was integral to the restructuring and transformation of the finance systems.

 

Hilary is a Chartered Accountant, member of ICAS and has a BA in Business Economics and MBA from Strathclyde University.

 

Commenting on the appointment, Jamal Rushdy, CEO of Collagen Solutions said: "Hilary has a wealth of experience both commercially and financially, working with businesses that mirror Collagen Solutions growth model and we believe she will be an important asset to the business in this exciting period of transitional growth for the Company.

 

"I would also like to take this opportunity to thank Gill Black for her hard work over the last three and a half years as CFO. We are fortunate that she will be staying on within the finance team in Glasgow and assisting Hilary, particularly in the first few months of Hilary's induction within the business."

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Hilary Spence.

 

Current Directorships   

Previous Directorships

Giraff Limited

School Leaver Network Ltd

 

Craigholme School (Non Exec Board member)

Flying Pig Interim Management Limited

 

 

Hilary Spence holds no ordinary shares in the capital of the Company.

 

Save as disclosed above there are no additional disclosures to be made in accordance with Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

 

Enquiries: 

 

Collagen Solutions Plc

Via Lisa Baderoon

Jamal Rushdy, Chief Executive Officer  

 

 

Head of Investor Relations

Lisa Baderoon (lisa.baderoon@collagensolutions.com)

 

 

Mob: 07721 413 496

 

 

Cenkos Securities plc (Nominated Adviser and Broker)

Stephen Keys

Steve Cox   

Tel: 020 7397 8900

 

 

 

 

Walbrook PR

    Tel: 020 7933 8780 or collagen@walbrookpr.com

Mike Wort

Mob: 07900 608 002

Anna Dunphy

Mob: 07876 741 001

       

 

 

 

About Collagen Solutions:

Collagen Solutions Plc is a global provider of medical grade collagen formulations and components for use in regenerative medicine, medical devices and in-vitro diagnostics and research. The capabilities of the Company include the provision of native, soluble and powdered collagen formulations, processed and semi-processed tissues such as pericardium, bone, and blood vessels, and expertise in the development and contract manufacture of collagen components for use as engineered tissue scaffolds and other medical devices. These products are used in a wide variety of applications including orthopaedics, cardiovascular, dental, plastic surgery, wound healing, neurology and urology. Collagen Solutions' unique offering extends beyond material supply and contract services through the highly skilled staff who support customers through the various stages of development and regulatory approval. For additional information, please visit www.collagensolutions.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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