Low & Bonar PLC Directorate Change (1164Y)

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RNS Number : 1164Y

Low & Bonar PLC

01 March 2017

1 March 2017

Low & Bonar PLC

Board Change

The Board of Low & Bonar announces that it has mutually and amicably agreed with Mike Holt, Chief Financial Officer, that he will step down from the Board and leave the Company once a successor is appointed. A search is underway and an announcement will be made in due course. Mike has agreed to remain with the Group to assist in an orderly handover period and ensure a smooth transition is achieved.

Martin Flower, Chairman of Low & Bonar, commented:

"On behalf of the Board, we would like to express our thanks to Mike for his contribution to the business since his appointment in 2010. He has played a pivotal role in the restructuring of the Group and helped to strengthen the platform for future growth. We wish him well for all of his future endeavours."

For further information, please contact:

 
 Low & Bonar PLC               020 7535 3180 
 Brett Simpson, Group 
  Chief Executive 
 Mike Holt, Chief Financial 
  Officer 
 
 Instinctif Partners           020 7457 2020 
 Matthew Smallwood 
 Helen Tarbet 
  Rosie Driscoll 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 01, 2017 02:01 ET (07:01 GMT)