REG - Tandem Grp PLC - Appointment of Chief Financial Officer

TandemAnnouncement

23/07/2024 16:00

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RNS Number : 5236X  Tandem Group PLC  23 July 2024

23 July 2024

 

Tandem Group plc

 

(the 'Company' and together with its subsidiaries the 'Group')

 

Appointment of Chief Financial Officer

 

Tandem Group plc (AIM: TND), designers, developers, distributors and retailers
of sports, leisure and mobility equipment, is pleased to announce that
Gurvinder Kaur has been appointed as Chief Financial Officer and as a director
of the Company with immediate effect.

 

Gurvinder is ACCA qualified and an established finance director who has been
with the Company for more than 24 years. Most recently, she has served as
Chief Commercial Officer for Tandem Group Trading Limited ("Tandem Trading"),
the Group's main trading subsidiary.

During Gurvinder's tenure with the Group and prior to her role as Chief
Commercial Officer of Tandem Trading, she has served as Tandem Trading's
Finance Director overseeing activities across the finance function. Gurvinder
has extensive supply chain management experience, from purchasing to
distribution, that has been pivotal in maintaining the smooth and effective
operations of the business. Gurvinder has further played a crucial role across
numerous acquisitions by the Company over her tenure, leading the integration
of their requisition finance functions. In addition, Gurvinder has a wealth of
experience in the toy industry having previously worked at Mattel Inc for 6
years as a financial analyst prior to joining the Company.

Peter Kimberley, Chief Executive Officer of the Company, commented:

 

"I am delighted to welcome Gurvinder to the Board. Gurvinder's comprehensive
knowledge of all aspects of the business, combined with her strategic insight
and leadership skills, make her exceptionally well suited for the position of
CFO. We are confident that she will continue to drive our financial success
and support our long-term objectives and her intimate understanding of how
Tandem operates will enable her to make an immediate impact in her new role."

 

 

For further information:

 

Enquiries:

Tandem Group plc

Peter Kimberley, Chief Executive Officer

Gurvinder Kaur, Chief Financial Officer

Telephone 0121 748 8075

 

Nominated Adviser

Cavendish Capital Markets Limited

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Charlie Combe - Sales and Equity Capital Markets

Telephone 020 7220 0500

 

 

In addition to her appointment to the Tandem Board, Gurvinder Kaur (nee
Butter), aged 56, holds or has held the following directorships or
partnerships in the past five years.

 

 Current                             Previous
 Ben Sayers Limited                  -
 Mark Charles Limited
 Somerset Property Partnership LLP
 Gill Investment Holdings Limited
 Tandem Group Trading Limited
 Tandem Group Cycles Limited
 Dawes Cycles Limited
 Home & Leisure Trading Limited

 

Gurvinder, alongside her spouse, currently is interested in 114,690 ordinary
shares in the Company, representing 2.1% of the Company's issued ordinary
share capital.

 

 

 

 

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