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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dunelm Group Plc | LSE:DNLM | London | Ordinary Share | GB00B1CKQ739 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
11.50 | 1.19% | 978.50 | 975.50 | 982.50 | 979.00 | 959.00 | 959.00 | 102,926 | 09:56:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Furniture Stores | 1.64B | 151.9M | 0.7530 | 12.88 | 1.96B |
TIDMDNLM
RNS Number : 3265F
Dunelm Group plc
20 February 2018
20 February 2018
Dunelm Group plc
Directorate Change
Dunelm Group ("Dunelm" or "the Group"), the UK's leading homewares retailer, announces that Keith Down, its Chief Financial Officer, has informed the Board that he will step down in June to take up a role closer to his family home.
A search for Keith's successor is under way and we hope to make an appointment before Keith's departure on 15(th) June. In the event that the new appointee is unable to start before Keith leaves, David Stead, Keith's predecessor as CFO of Dunelm, has agreed to become Interim CFO during any transition period. David will join the Board during this period.
David was Chief Financial Officer of Dunelm Group plc from 15 September 2003 until his retirement from that role on 31 December 2015. He is a Non-Executive Director of Card Factory plc and Majestic Wine plc, and the Senior Independent Non-Executive Director of Joules Group Plc.
Andy Harrison, Dunelm Chairman said,
"We thank Keith for his valuable contribution to Dunelm and wish him well in his next role. We are working with Keith for a smooth transition to his successor, who will work alongside Nick Wilkinson, our new CEO, to ensure we maintain our momentum."
Keith Down said,
"I have enjoyed my time at Dunelm. The business has made great progress during the last few years and has laid the foundations for an exciting future. For me, it is important that I now take a role closer to home for family reasons."
For further information, please contact:
Dunelm Group plc 0116 264 4439 Andy Harrison, Chairman MHP Communications Tim Rowntree/Simon Hockridge 0203 128 8789 dunelm@mhpc.com
Notes to editors:
1. David Stead is the beneficial owner of 754,043 shares in Dunelm Group plc.
2. Save as disclosed above, there are no disclosures to be made pursuant to LR 9.6.13 in relation to David Stead.
3. Should David Stead be appointed to the Board, his compensation package will be in accordance with Dunelm's approved Remuneration Policy.The details will be fully disclosed in our 2018 Annual Report.
4. This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR").
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 20, 2018 02:01 ET (07:01 GMT)
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