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FOXT Foxtons Group Plc

65.20
3.60 (5.84%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Foxtons Group Plc LSE:FOXT London Ordinary Share GB00BCKFY513 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.60 5.84% 65.20 65.00 66.00 68.80 61.40 61.80 27,405,380 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 147.13M 5.49M 0.0182 36.26 198.85M

Foxtons Group PLC Directorate Change (4702Z)

20/05/2019 8:00am

UK Regulatory


Foxtons (LSE:FOXT)
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From May 2019 to May 2024

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RNS Number : 4702Z

Foxtons Group PLC

20 May 2019

Foxtons Group plc

("Foxtons" or the "Company")

Change of Chief Financial Officer

Foxtons announces that Mark Berry, an Executive Director and Chief Financial Officer of the Company, will be leaving the business by mutual agreement on 31 July 2019 and will step down from the Board on 24 June 2019. Mark will receive a payment of three months' salary as a notice period payment and in lieu of any bonus earned for FY 2019. The share options awarded to Mark in 2017 will be pro-rated for time, subject to existing performance tests on the normal vesting date.

The Board is pleased to announce the appointment of Richard Harris as Chief Financial Officer. Richard will join Foxtons on 24 June 2019 and will become a member of the Board on the same date.

Richard was previously Group Financial Controller at Laird plc and prior to that spent over 11 years at Marks and Spencer plc, in a number of senior finance roles.

Garry Watts, Chairman of Foxtons, said:

"On behalf of the Board and everyone at Foxtons, I would like to thank Mark for his substantial contribution over the past two and a half years, during which time the business has undergone a period of rapid change and development. We wish Mark every success in his future new challenges. We are delighted to welcome Richard to our team. His skills and experience are a great fit for the Group and will be invaluable as we continue to pursue our strategic objectives."

There are no other details or disclosures required under LR 9.6.13R of the Financial Conduct Authority's Listing Rules.

20 May 2019

For further information please contact:

 
 Foxtons Group plc 
 Nic Budden, Chief Executive 
  Officer 
  Mark Berry, Chief Financial 
  Officer 
  Muhammed Patel, Investor Relations    +44 20 7893 6261 
                                       ----------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

May 20, 2019 03:00 ET (07:00 GMT)

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