22 March
2024
B&M
European Value Retail S.A.
Board
Appointment
B&M European Value Retail S.A.
(the "Company") announces the following Board change.
Nadia Shouraboura is to be appointed, subject to
shareholder approval, as a Non-Executive Director of the Company
with effect from 29 May 2024 when she will
also join the Audit and Risk and Nomination
Committees.
Nadia has a very broad range of
experience which includes public company roles and leading
entrepreneurial ventures in retail and other sectors. She is
currently serving as non-executive director at Ferguson plc,
Formlabs Inc., MTS Group / Mobile Telesystems PJSC, Tosca Limited
and Ocado Group plc.
Peter Bamford, Chairman,
said
"I am delighted that Nadia has
agreed to join the Board of B&M. She brings exceptional
international and strategic experience to the Board. Nadia will
enhance the diversity of experience and skills on our Board
considerably."
Nadia Shouraboura said
"I'm thrilled to be joining B&M! My experience in retail
taught me that customers value three things: selection,
convenience, and competitive pricing. During my recent visit to the
UK, I had the opportunity to visit a number of B&M stores and
was impressed by the product quality, range and low
prices."
As there is currently no vacancy in
the office of a Director of the Company, in accordance with
Luxembourg law, Nadia's appointment to the Board must be approved
by a resolution of the shareholders of the company. Accordingly, an
Ordinary General Meeting of shareholders is to be convened on or
around 29 May 2024 (the "Meeting") for that purpose. Subject to her
appointment being approved at the Meeting, it will take effect
immediately. Further announcements will be made to confirm when the
notice of the Meeting has been despatched to shareholders and also
following the Meeting to confirm the outcome of the resolution to
approve the proposed appointment.
The Company makes this announcement
in accordance with LR 9.6.11R of the Listing Rules. There are no
other matters to be disclosed under LR9.6.13R in relation to the
appointment of Nadia.
Enquiries
B&M European Value Retail
S.A.
For further information please
contact +44 (0) 151 728 5400
Alex Russo, Chief Executive
Officer
Mike Schmidt, Chief Financial
Officer
Investor.relations@bandmretail.com
Media
For media please contact +44 (0) 207
379 5151
Maitland
Sam Cartwright
bmstores-maitland@maitland.co.uk