Mincon Group plc announced that, in the context of the ongoing expansion and development of the company, Mr. Peter E. Lynch has been appointed to an executive role with the company, in a consultancy capacity and with particular emphasis on M&A activity. This appointment will be effective from the close of business on August 22, 2014. Accordingly Mr. Lynch will step down from the role of Chairman with effect from the close of business of the annual general meeting of the Company being held in Dublin on August 22, 2014.

The senior independent director Mr. Padraig McManus will assume the role of independent Chairman and the company, through the Nominations Committee which is chaired by Mr. McManus, also proposes to appoint at least 1 additional independent non-executive director over the next period.