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Hydrogen and Argyll Scott Confirm Merger and the appointment of John Hunter to the Hydrogen Plc Board

02 Jun 10:00 by

John Hunter & Ian Temple

2nd June 2017 – Hydrogen, the global specialist recruitment group and Argyll Scott, the international multifunctional specialist recruitment consultancy, are delighted to announce that Hydrogen’s shareholders approved the acquisition of Argyll Scott’s entire share capital at a General Meeting held earlier today.  Consequently, the acquisition of Argyll Scott (Holdings) Limited will proceed with John Hunter joining the Hydrogen Plc board with immediate effect.

Ian Temple, who continues in his capacity as Chief Executive Officer of the Enlarged Group and will retain primary responsibility for defining and implementing the Group’s strategy, comments “I am delighted to welcome Argyll Scott to the Enlarged Group.  It has been great visiting some of their offices over the last few weeks and getting to know their people.  There is so much potential in both businesses and I am very excited about the future.”

John Hunter, who joins the Board of the Enlarged Group as Group Managing Director with immediate effect to take on responsibility for further developing the Enlarged Group’s businesses, adds “The news of the merger has been well received by our people, our clients and our candidates.  We move into this new phase of development with genuine enthusiasm. The ability to accelerate our growth plans, benefit from Hydrogen’s investment in infrastructure and offer our people more diverse and challenging career paths means that the Argyll Scott proposition is stronger than ever.”

Argyll Scott is joining Hydrogen to create a multi brand recruitment group capable of empowering more careers and powering more businesses than ever before.  Together they will be able to deliver a world-class specialist recruitment service across multiple functions, industries and countries.

This merger will allow the Enlarged Hydrogen Group to accelerate international growth plans, attract the industry’s finest talent and become recognised as the best place to work in recruitment. The Group will also profit from greater strength and depth in the London market and the efficiency of a shared global platform and resources which in turn will beneficial to its clients, candidates, people and investors.

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About Hydrogen

Hydrogen is a specialist recruitment business with a proven global platform with clients’ in over 50 countries. Our mission is to empower the careers of our candidates whilst powering businesses by providing their key people. We deliver by building market leading specialist teams that develop a deep understanding of candidate and clients’ needs and developing solutions.

http://www.hydrogengroup.com

About Argyll Scott

Argyll Scott recruits the very best talent for management positions across key business functions and sectors. With offices in London, Singapore, Hong Kong, Kuala Lumpur, Bangkok and Dubai, specialist recruitment teams work across the following specialisations; Accounting & Finance, Advanced Analytics & Data Science, Business Transformation, Executive Support, Financial Services, Human Resources, Insurance, Life Sciences, Procurement Retail, Sales & Marketing, Strategy, Supply Chain and Technology. Clients range from FTSE 100 multinationals to local SMEs.

www.argyllscott.com

For more information about this transaction, click here:

https://hsprod.investis.com/ir/hydg/ir.jsp?page=news-item&item=2813349607768064