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30 September 2009

Lees Foods plc ('Lees' or the 'Company')

Announcement on Board Re-structure/Directorate Changes

The Company is pleased to announce that Dr Chris Greig has been appointed as Non-Executive Chairman of the Lees Foods Plc with effect from today.

Dr Greig was previously non-Executive Chairman of William Grant and Sons Ltd, and Managing Director of Invergordon Group plc, and also past Chairman of Belhaven Group plc and PPL Theraputics and a director of Robert Wiseman Diaries plc.

Clive Miquel, an existing Director, will step up to the role of Chief Executive of Lees Foods Plc and David Simson, Nadia Millar and Bert Croll remain as Directors alongside Non-Executive Director Klaus Perch-Nielsen.

Dr Greig commented 'I am delighted to be joining the Board at Lees Foods and I look forward to contributing to the ongoing development of the Company alongside its existing strong management team.'

Dr Christopher George Greig, 75, is currently a director of the following companies:

 

Murgitroyd Group Plc

Cypex Ltd

The Airborne Initiative (Scotland) Ltd

C.G.Greig (Farms) Ltd

Mosszone Ltd

In the last five years, Dr Greig has also been a director of the following companies:

Simpsons Malt Ltd

Scottish Quality Cereals

In accordance with AIM Rule 17, there is no other information concerning Dr Greig's appointment which requires disclosure under Schedule Two, paragraph (g) of the AIM Rules other than that on 13 July 2001, UK Water Technology Ltd was placed in voluntary liquidation with a shortfall to creditors of £97,500. Dr Greig was a director of this company at that time.

Directors' Dealings

The Company has been informed today that on 29 September 2009 the following directors purchased ordinary shares of £1.00 each in the Company ('Ordinary Shares'), in each case the dealing taking place at a price of 118p per share:

Director	Shares purchased	Price paid	Resultant holding	% of issued share capital
Clive Miquel, Managing Director	42,373	118p	72,473	3.0%
David Simson, Finance Director	42,373	118p	125,078	5.2%
Nadia Millar, Executive Director	42,373	118p	57,5731	2.4%

1 of which 42,373 Ordinary Shares are held non-beneficially

In addition, the Company has also been informed today of changes in the holdings of Ordinary Shares of the following shareholders:

Shareholder	Transaction	Shares purchased/sold	Resultant holding	% of issued share capital
Alasdair Locke	Purchase	86,949	256,949	10.7%
Graham York	Purchase	105,932	155,9322	6.5%
Raymond Miquel	Sale	210,000	117,412	4.9%

2 of which 70,000 Ordinary Shares are held non-beneficially

 

Enquiries

Lees Foods Plc	01236 441600
David Simson - Finance Director
Shore Capital and Corporate - Nomad and Broker	0207 408 4090
Guy Peter
3x1 Public Relations	0141 221 0707 / 07771 960326
Cameron Grant

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