Moonpig Group PLC has announced a recent change in its board of directors. Simon Davidson, the Nominee Director of Exponent Private Equity LLP, has resigned with immediate effect following Exponent's announcement that its shareholding in the company had fallen below 10% of the issued share capital. Kate Swann, Chair of the Board, expressed gratitude for Davidson's significant contribution to Moonpig Group over the last eight years, acknowledging his valuable insight and expertise.

Moonpig Group PLC is a leading online greeting cards and gifting platform, encompassing the Moonpig, Red Letter Days, and Buyagift brands in the UK, as well as the Greetz brand in the Netherlands. The company holds the online market leader position in cards in both the UK and the Netherlands, and is also the UK market leader in gift experiences. Moonpig's customer proposition includes an extensive range of cards, a curated selection of gifts, personalization features, and next day delivery offerings.

The company's products are offered through proprietary technology platforms and apps, which leverage unique data science capabilities designed to optimize and personalize the customer experience while providing scalability. For more information, visit Moonpig Group's website at https://www.moonpig.group/. For further inquiries, individuals can reach out to Nickyl Raithatha, Chief Executive Officer, and Andy MacKinnon, Chief Financial Officer, via [email protected].

This news was supplied by Euroland.com.