13th Jan 2020 07:00
For immediate release | 13 January 2019 |
CareTech Holdings PLC
("CareTech" or "the Group")
Appointment of Christopher Dickinson as Group CFO and Executive Board Member
CareTech Holdings PLC (AIM: CTH), a pioneering provider of specialist social care services in the UK, announces that, further to the its announcement on 12 December 2019, Christopher Dickinson has been appointed to the Group's Board as Chief Financial Officer with immediate effect. He will take over the role from Gareth Dufton who was appointed as Interim Chief Financial Officer on 10 December 2018.
Chris has spent the past year as Chief Financial Officer of Cambian and prior to joining CareTech was a Managing Director at Jefferies where he acted for the Group on its acquisition of Cambian. Prior to Jefferies, Chris spent 14 years at J.P. Morgan advising on many significant M&A transactions and debt and equity raises. Chris is a chartered accountant, having been admitted as a member of the ICAEW in 2004 and as a Fellow in 2014 and has a degree in Computer and Management Science from the University of Warwick.
Commenting on the appointment Farouq Sheikh, Chairman, said:
"I am delighted to confirm Chris' appointment as CareTech's CFO. Chris was heavily involved in our acquisition of Cambian and has since been an integral part of the team successfully integrating the two businesses. Chris has demonstrated a strong practical understanding of all parts of the Group and has the expertise to further the success of CareTech. The Board looks forward to working with him as we continue to build on our leading position. I would also like to thank Gareth Dufton who stepped in as Interim CFO following the sad passing of Michael Hill in December 2018."
Chris Dickinson, Chief Financial Officer added:
"I am delighted to take on the CFO role. CareTech is a wonderful, well invested company with significant opportunities ahead. I am delighted to join Farouq, Haroon and the leadership team to build upon the good foundations in place and to deliver the exciting next phase of growth for the Group."
Mr Dickinson is interested in 155,250 ordinary shares in CareTech pursuant to the Executive Shared Ownership Plan, details of which were announced on 8 November 2019.
Further AIM disclosures relating to Christopher Dickinson's appointment:
Christopher Keith Dickinson, age 41, is currently or has been a director of the following companies within the past five years:
Current directorships | Previous directorships |
Caretech Charitable Foundation Cambian Group Limited Cambian Group Holdings Limited Cambian Education Services Limited Cambian Autism Services Limited Cambian Asperger Syndrome Services Limited Cambian Properties (U.K.) Limited Cambian Heritage I Limited Cambian Heritage II Limited Cambian Signpost Limited Cambian Whinfell School Limited Advanced Childcare Services Limited Cambian Childcare Limited Cambian Childcare Properties Limited Continuum Care and Education Group Limited Elite Children's Care Limited Farrow House Limited Cambrian Care (Powys) Limited Herts Care Group Ltd. Herts Care (Escort and Supervision Services) Ltd. Herts Care Limited Herts Care Property Ltd. Inhoco 2993 Limited Green Corns Ltd. Independent Childcare Group of Schools Limited Clifford House Limited Saccs Limited Saccs Care Limited Cambian FS Limited By the Bridge Holdings Limited By the Bridge Limited By the Bridge Management Company Limited By the Bridge North West Limited Interact Care Limited
| N/A |
Save as set out in this announcement, there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies in respect of Mr Dickinson.
For further information, please contact:
CareTech Holdings PLC Farouq Sheikh, Executive Chairman Christopher Dickinson, Chief Financial Officer
| 01707 601800 |
Consilium Strategic Communications (PR Adviser) Mary-Jane Elliott Chris Welsh Angela Gray
| 020 3709 5700 |
Panmure Gordon (Nomad and Joint Broker) Emma Earl Freddy Crossley Charles Leigh-Pemberton
| 020 7886 2500
|
WH Ireland (Joint Broker) Adrian Hadden Matt Chan | 020 7220 1666
|
About CareTech
CareTech Holdings plc is a leading provider of specialist social care and education services, supporting around 4,500 adults and children with a wide range of complex needs in more than 550 residential facilities and specialist schools in the UK. CareTech now employs approximately 10,000 staff following the acquisition of Cambian Group which completed in 2018.
Committed to the highest standards of care and care governance, CareTech provides its innovative care pathways covering; Adult learning disabilities and specialist services; Children's residential and education services; and foster care.
CareTech, which was founded in 1993, began trading on the AIM market of the London Stock Exchange in October 2005 under the ticker symbol CTH.
For further information please visit: www.caretech-uk.com
Related Shares:
CTH.L