Sutton Harbour Holdings PLC Directorate Change, Notice of Results (0048M)
April 25 2018 - 1:01AM
UK Regulatory
TIDMSUH
RNS Number : 0048M
Sutton Harbour Holdings PLC
25 April 2018
Sutton Harbour Holdings plc ("Sutton Harbour", the
"Company")
Directorate change, Notice of Results
Sutton Harbour Holdings plc, the AIM-listed marine and
waterfront regeneration specialist announces that Jason Schofield
has decided to resign as Chief Executive Officer. Jason will remain
with the business until July 2018 to ensure an orderly
transition.
Philip Beinhaker, who was appointed non-executive Chairman, on
23 January 2018, following the successful Partial Offer by FB
Investors LLP, will become Executive Chairman with immediate
effect. Since his appointment, Philip has taken a close interest in
the business and has the experience to continue to drive the
business forward.
The Board has begun a review of its composition and structure.
The review, led by non-executive Directors, Graham Miller and Sean
Swales, will consider the commercial requirements of the business,
optimising resources and corporate governance. This may, or may
not, lead to a further appointment in due course.
Thanking Mr Schofield for seven years as Chief Executive
Officer, Philip Beinhaker commented "Jason has been very helpful in
the management of the transition arising from the change in
ownership and direction of the Company in the pursuit of the active
development of the regeneration of assets."
The Company expects to release its results for the year to 31
March 2018 during the week beginning Monday 25 June 2018.
Enquiries:
Sutton Harbour Holdings plc
Philip Beinhaker, Chairman
Natasha Gadsdon, Finance Director 01752 204 186
Arden Partners plc (Nominated Adviser)
Paul Shackleton / Benjamin Cryer 0207 614 5900
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOADMGZDLDLGRZM
(END) Dow Jones Newswires
April 25, 2018 02:01 ET (06:01 GMT)
Sutton Harbour (LSE:SUH)
Historical Stock Chart
From Apr 2024 to May 2024
Sutton Harbour (LSE:SUH)
Historical Stock Chart
From May 2023 to May 2024