BELLWAY p.l.c. (the ‘Company’)
Directorate changes
Bellway p.l.c. announces that Ted
Ayres, Chief Executive, is taking a leave of absence from
the Company in order to undergo treatment for a medical condition.
The Board and management team wish Ted a swift and full recovery
and look forward to his return.
During this period of absence John
Watson (who was formerly Chief Executive until his
appointment as Chairman in February
2013) will take up the position of Executive Chairman.
Bellway p.l.c. are pleased to also announce that Jason Honeyman will be appointed to the Board as
Chief Operating Officer on 1st September 2017. Jason commenced employment with
the Company in January 2005 as
Managing Director of the Thames Gateway Division, becoming Southern
Regional Chairman in December
2011.
John Watson commented on behalf
of the Board:
"Jason is a highly respected senior operator in the industry and
has considerable housebuilding experience having overseen the
successful management of our Southern Divisions since 2011. His
appointment to this new Group role strengthens the operating
structure and will support the delivery of the Company’s
disciplined growth strategy”
Jason will join the Board Committee on Non-Executive Directors’
Remuneration.
There is no other information to be disclosed pursuant to
paragraph LR9.6.13R of the Listing Rules of the Financial Conduct
Authority, and at the date of this notification Jason Honeyman beneficially holds 4,252 shares
in the Company registered in the name of his wife Joanne.
Name of contact and telephone number for queries:
Simon Scougall
Group General Counsel and Company Secretary
Bellway p.l.c.
Tel: 0191 217 0717
LEI: 213800CY4L3HST4FGZ98