29-May-2020 / 12:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
MBH Corporation plc: Board of Directors Announcement
London, 29 May 2020 - Allan Presland, non-executive Chairman of the Board of Directors of MBH Corporation, will today be stepping down from this role. Allan Presland will remain closely associated with the company as a shareholder and as Managing Director of the MBH portfolio company Parenta, continuing to support the expansion of the education vertical within MBH. Allan Presland has been a member of the Board of Directors since the acquisition of Parenta by MBH in July 2018.
Subject to shareholder approval at the 2020 Annual General Meeting, the Board of Directors has appointed Lana Coronado as the new non-executive Chair effective on 1 June. Lana Coronado is based in the United States, is partner at Stone Peak Private Equity and has extensive entrepreneurial experience, particularly in the field of IT consulting.
Additional changes to the Board were resolved to reduce the number of Board members from six to three for the foreseeable future. Non-executive members David Hallam and Toby Street will also leave the Board today, while Chief Financial Officer (CFO) will continue in his role as CFO but will no longer be part of the Board. David Hallam will remain associated to the company as an advisor.
Contacts for IR and media enquiries:
MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953
Information and Explanation of the Issuer to this News:
Callum Laing, CEO of MBH, commented: 'I want to thank the Board for the incredible work they have done to deliver such a successful first year. With the growth of the companies in the group, we are now able to move to a leaner board structure, whilst still retaining the expertise of those that will leave the Board. I look forward to welcoming Lana Coronado to the Group, who will be a great asset to the Board as we continue to grow globally.'
Investor webinar today at 15:00 CET
MBH CEO Callum Laing and the CFO Victor Tan will host an investor webinar to discuss the 2019 results at 15:00 CET today. Please use the following link to register for the webinar: https://bit.ly/3gG77dE
About MBH
MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent and accretive acquisition of excellent companies.
www.mbhcorporation.com
29-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
MBH Corporation Plc
Studio 7-9, Royal Patriotic Victoria Building, Joh
SW18 3SX London
United Kingdom
E-mail:
fo@mbhcorporation.com
Internet:
https://www.mbhcorporation.com/
ISIN:
GB00BF1GH114
WKN:
A2JDGJ
Listed:
Regulated Unofficial Market in Dusseldorf, Frankfurt
MBH Corporation plc is a United Kingdom-based investment holding company. The Company is focused on acquiring small-to-medium enterprises in different sectors. The Company operates through three segments: Education, Construction Services, and Leisure. The Education segment is engaged in the provision of education and learning related services for apprentices. The Construction Services segment includes commercial interior fit-out and construction contractor services. The Leisure segment includes the sale of new and pre-owned touring caravans and related caravan accessories and awnings. Its other operations include the provision of care services and residential elderly-care, food and beverage, engineering services, transportation services including taxis and licensed private hire operators and property services including state brokerage, commercial funding company, and others. Its primary geographical location includes the United Kingdom, Oceania, Asia, Canada, and North America.
MBH CORPORATION PLC 
