CPP Group appoints David Morrison to its Board as Non-Executive Director

– UK, York –  CPP Group PLC (AIM: CPP), the international products and services business, today announced the appointment of David Morrison to its Board as a non-independent non-executive director.

“I am very pleased to welcome someone of David’s calibre to our Board and look forward to the contribution he will make. His extensive experience in corporate roles will give us valuable insight as we continue to grow our business across the world.” said Board Chairman, Sir Richard Lapthorne.

David brings more than 35 years’ experience of active engagement in both private and public companies.

About David Morrison

In 1999, he founded Prospect Investment Management, which was responsible for making a range of investments on behalf of its clients, and in early-stage companies including PayPoint Plc, Venture Production Plc and MessageLabs Group, of which he was chairman before its sale.

In addition to those companies, he has sat on the board of several private and public companies both in the UK and elsewhere.

He will operate in a non-independent capacity as a representative of Hamish Ogston, CPP’s founder and largest shareholder, and will sit on the Board’s Audit and Risk & Compliance Committees.

David Morrison, incoming Non-Executive Director, said: “CPP Group has demonstrated a strong track record in adding considerable value to its business partners and their customers. This has included investing in, or acquiring, start-up ventures and helping them grow to become significant contributors to the Group’s success. It is an exciting time for the business and I am looking forward to contributing to the Group’s ongoing growth.”

About CPP Group

CPP Group makes millions of lives easier and better protected. We partner with large scale companies across the globe to understand their customers’ needs and meet them through a range of popular ancillary products and services which add value to their core business. Specialising in the financial services and insurance sectors, we achieve long-term, sustainable growth through innovation, specialist digital capability and a culture that brings out the best in our people. We are listed on AIM, operated by the London Stock Exchange.

For more information: http://www.cppgroupplc.com/

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