Logistics Development Group plc
(the “Company” or “LDG”)
Directorate Changes
Logistics Development Group plc, the AIM Investing Company, is pleased to announce the appointment of Peter Nixon as a Non-Executive Director of the Company with immediate effect. Peter replaces Saki Riffner as the representative of DBAY Advisors Limited (“DBAY”), who has resigned as Non-Executive Director with immediate effect in order to focus on his role as Chief Investment Officer of DBAY.
Peter Nixon has over 25 years of experience in finance and joined DBAY in 2009. Peter initially acted as Group Chief Accountant and Head of Shared Services at the logistics business, TDG, which was a DBAY investee company from 2008 to 2011, and has subsequently been involved in several other DBAY investments, including Eddie Stobart, Unlimited Group, Harvey Nash Group, Telit Communications and, most recently, LDG. Peter will be retiring from his full-time role at DBAY at the end of 2021. Peter previously held senior roles at United Utilities Plc, BBA Group Plc and The Reader’s Digest. Peter is a qualified Chartered Accountant, having been an Audit Manager at Deloitte, and holds a degree in Mathematics and Physics from Manchester University.
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