Ashley (Laura) Hldgs PLC Directorate change (4899B)

TIDMALY

RNS Number : 4899B

Ashley (Laura) Hldgs PLC

31 January 2020

Laura Ashley holdings PLC (the "Company")

Directorate change

31 January 2020

The Company announces that Mr Kwan Cheong Ng will retire as the Executive Director and Chief Executive Officer of the Company on 30(th) April 2020. He will remain on the Board as a Non-Executive Director of the Board after retirement. The Board would like to take this opportunity to thank Mr Ng for his contribution as Executive Director and Chief Executive Officer during his tenure with the Company and to wish him the very best in his retirement.

Katharine Poulter who is the Chief Operating Officer of the Company, will be appointed as Executive Director of the Company and will succeed Mr Ng as Chief Executive Officer with effect from 1(st) May 2020. She has 25 years of retail experience with companies including Marks and Spencer plc, Home Retail Group plc, Kingfisher plc, Tesco plc and Willko Brands Ltd.

Enquiries:

   K C Ng / Katharine Poulter                  Laura Ashley                            020 7880 5100 

Anita Scott / Alice Gibb Brunswick 020 7404 5959

   Rick Thompson / Michael Boot          Cantor Fitzerald Europe        020 7894 7000 

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(END) Dow Jones Newswires

January 31, 2020 02:00 ET (07:00 GMT)