DISL Discover Les.

 

TIDMDISL 
 
RNS Number : 1434W 
Discover Leisure PLC 
15 November 2010 
 

15 November 2010 
 
 
                              DISCOVER LEISURE PLC 
                      ('Discover Leisure' or 'the Group') 
 
                               Directorate Change 
 
Discover Leisure plc (AIM:DISL), the specialist caravan, motor home and leisure 
industry retailer, announces that Simon Dixon has tendered his resignation as a 
non-executive director of the Group, with effect from the Group's Annual General 
Meeting on 14 December 2010, to concentrate on his other business interests. 
 
Commenting on the announcement, David Morrow, Chairman of Discover Leisure plc, 
said:  "Simon has made a tremendous contribution to Discover Leisure.  His 
business skills and wealth of experience have been invaluable and we wish him 
well in his future endeavours." 
 
 
+-----------------------------------+-----------------------------+ 
|                                   |                             | 
| For further information please    |                             | 
| contact:                          |               01430 803 385 | 
|                                   |                             | 
| Discover Leisure plc              |                             | 
+-----------------------------------+-----------------------------+ 
| David Morrow, Chairman            |                             | 
+-----------------------------------+-----------------------------+ 
| Trevor Parker, Chief Executive    |                             | 
+-----------------------------------+-----------------------------+ 
| Neil Harwood, Finance Director    |                             | 
+-----------------------------------+-----------------------------+ 
|                                   |                             | 
| Panmure Gordon (UK) Limited       |               020 7459 3600 | 
+-----------------------------------+-----------------------------+ 
| Andrew Godber / Stuart Gledhill   |                             | 
+-----------------------------------+-----------------------------+ 
|                                   |                             | 
| Cubitt Consulting                 |               020 7367 5100 | 
+-----------------------------------+-----------------------------+ 
| Chris Lane /  Samantha Boston     |                             | 
+-----------------------------------+-----------------------------+ 
 
 
Background Note 
 
Discover Leisure is a leading specialist caravan, motor home and leisure 
industry retailer which floated on AIM in May 2005.  The Group's strategy is to 
lead the consolidation and modernisation of caravan and motorhome retailing in 
the UK, which also creates opportunities to sell outdoor leisure products from 
its branches and over the internet. 
 
In August 2005, Discover Leisure acquired the company which owned Harringtons 
Caravans.  On 8 September 2006, it acquired Leisure World, which owned four 
caravan retail outlets, for GBP5.75 million, followed on 3 July 2007 by the 
acquisition of Barrons Holdings, a leading retailer of caravans, motor homes and 
associated accessories with seven retail branches across the country, for 
GBP20.0 million.  On the same date, Mendip Caravan Centre, which operates three 
retail branches, was purchased for a total consideration of GBP2.2 million. On 
12 March, 2008, Discover Leisure announced the acquisition of the motor homes 
dealership based on a five acre site in Cannock in Staffordshire from the 
Brownhills Group for GBP2.66 million. 
 
With a rapid decline in the demand for leisure vehicles following the global 
financial crisis in 2008, the Group undertook a major restructuring of the 
business in 2009 including the proposal and subsequent approval of a Company 
Voluntary Arrangement (CVA), refinancing of its banking facilities and closure 
of eleven of its trading sites. 
 
The Group now has 5 branches employing 260 people across the north of England. 
The branches are located at: Birtley (Tyneside), Delamere (Cheshire), Chorley 
(Lancashire), Darlington (County Durham) and York (Yorkshire).  Its head office 
is situated in East Yorkshire. 
 
The board consists of David Morrow, Chairman; Trevor Parker, Chief Executive; 
and Neil Harwood, Finance Director.   The Non Executive Directors are Ian 
Currie, Simon Dixon and James Hayward. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 BOAGGGCAGUPUGGC 
 

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