SIG plc announced that Cyrille Ragoucy, a Non-Executive Director of the company, who was appointed interim CEO of Balta Group NV with effect from 27 August 2018 has been appointed CEO of Balta in a permanent capacity with immediate effect. In light of this appointment, Mr. Ragoucy has on April 2, 2019 informed the SIG Board that he will retire as a Director of the company when a replacement has been appointed and the company has on April 2, 2019 commencedthe search for a new Non-Executive Director. It is intended that any new Director will not be appointed before the company's forthcoming AGM on 8 May 2019 and therefore Mr. Ragoucy will be seeking election at the forthcoming Annual General Meeting.