We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gateley (holdings) Plc | LSE:GTLY | London | Ordinary Share | GB00BXB07J71 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -0.83% | 120.00 | 120.00 | 121.00 | 121.00 | 120.50 | 120.50 | 820,569 | 16:35:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Legal Services | 162.73M | 12.24M | 0.0930 | 12.96 | 158.63M |
TIDMGTLY
RNS Number : 5720L
Gateley (Holdings) PLC
01 May 2020
1 May 2020
GATELEY (HOLDINGS) PLC
("Gateley", the "Group" or the "Company")
AIM: GTLY
CEO Succession and Board Appointment
Gateley, the legal and professional services group, is pleased to announce that, further to the CEO succession announcement issued on 10 July 2019, Rod Waldie has today been appointed to the Board as Chief Executive Officer. Michael Ward stands down as CEO but remains on the Board as an executive director with oversight responsibility for the Group's non-legal consulting businesses.
In addition to his role as the Senior Office Partner at Gateley Legal's Manchester office and leading the Group's national property team, Rod has been a key member of the Group's management board since joining Gateley via the acquisition of part of the Manchester office of Halliwells LLP in 2010 and played an instrumental part in Gateley's IPO in 2015.
Rod has also been involved in the successful integration of all nine acquisitions the Group has made since admission to AIM, which include, in the last financial year, the acquisitions of Persona Associates Ltd, T-three Group, Paul Tweed LLP and The Vinden Partnership Limited.
Full year ended 30 April 2020
An update of the Group's performance for the year end 30 April 2020 will be provided later this month.
Nigel Payne, Non-executive Chairman of Gateley, said:
"Our clear CEO succession plan was announced in July 2019 in order that we might effect a considered and orderly transition to Rod as the new CEO. The Board's firm decision to make an internal succession appointment to allow for an orderly and seamless handover has never seemed more important. I believe that it is a considerable comfort for all stakeholders of the Group to know that, in such challenging times, we have an experienced, trusted and familiar hand in Rod Waldie who is taking over executive responsibility for the business, as well as retaining the skills and experience of Mike Ward on the Board.
"Rod is highly successful and a well-respected colleague, who epitomises and embraces our collaborative culture, which is proving so important in the current circumstances. I very much look forward to working with Rod and Mike in their new roles and, on behalf of my fellow directors, wholeheartedly welcome Rod to the Board and thank Mike for his outstanding contribution to the business. Under his 19-year leadership, the business has grown to a network of 11 offices, employing over 1,000 people. Mike also led the Group's flotation in 2015 and has helped the business enjoy double digit growth in both revenue and people since we were admitted to AIM."
Rod Waldie, new Chief Executive Officer, added:
"On behalf of all my colleagues at Gateley, I wish to thank Mike for his guidance and wisdom during the handover period. We are delighted he has chosen to remain with the Group with his focus centred on our non-legal consulting businesses.
"I am taking on this role in unprecedented times but have held senior management roles in Gateley for 10 years and have a thorough understanding of the business, which is well capitalised, balanced and resilient. W e have a loyal client base and our strong remote working platform enables us to continue to deliver services in line with our core ethos of fully supporting our clients and putting them first. I firmly believe that the quality of our people allied to our economically and geographically diversified model puts us in a strong position to react to the current macro-economic difficulties. I am particularly proud of the positive attitude shown by the whole Gateley team during the last few weeks and by the continued determination and resourcefulness of our people during this challenging period."
Enquiries:
Gateley (Holdings) Plc Neil Smith, Finance Director Tel: +44 (0) 121 234 0196 Nick Smith, Acquisitions Director and Head Tel: +44 (0) 20 7653 of Investor Relations 1665 Cara Zachariou, Head of Corporate Communications Tel: +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946 finnCap - Nominated adviser and broker Tel: +44 (0) 20 7220 0575 Matt Goode / James Thompson (Corporate Finance) Andrew Burdis (ECM) N+1 Singer - Joint broker Tel: +44 (0) 20 7496 3000 Peter Steel / Ben Farrow (Corporate Finance) Rachel Hayes (Corporate Broking) Belvedere Communications Limited - Financial GateleyPR@belvederepr.com PR Cat Valentine Mob: +44 (0) 7715 769 078 Keeley Clarke Mob: +44 (0) 7967 816 525 Llew Angus Mob: +44 (0) 7407 023 147
The following information on Mr Roderick ("Rod") Richard Waldie (aged 51) is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:
Current Directorships / Partnerships Previous Directorships / Partnerships held in the past five years Gateley Capitus Limited Gateley Heritage LLP -------------------------------------- Gateley Plc Caldewgate Developments Nominees Limited -------------------------------------- Gateley (Manchester) LLP Canal Head Developments Nominees Limited -------------------------------------- Gateley UK LLP Culcheth Hall Limited -------------------------------------- Giggleswick International Limited -------------------------------------- Giggleswick School -------------------------------------- Giggleswick Services Limited -------------------------------------- Halliwells Realisations 2010 Limited -------------------------------------- Halliwells Realisations 2011 Limited --------------------------------------
Mr Waldie was a Partner and on the Management Committee of Halliwells LLP at the time it was placed into administration in July 2010. The Liquidation of Halliwells LLP is ongoing with the latest estimate of the aggregate losses of secured, preferential and unsecured creditors as at 3 March 2020 being approximately GBP74.9 million.
Mr Waldie currently holds 1,380,670 ordinary shares in the Company ("Ordinary Shares"). There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.
About us
Gateley is a legal and professional services group. Founded in Birmingham in 1808, we have provided commercial legal services to individuals and businesses for over 200 years.
We have over 700 professional advisers and employ over 1,000 people across offices located in Belfast, Birmingham, Cambridge, Guildford, Leeds, Leicester, London, Manchester, Nottingham, Reading and Dubai.
In 2015, we were the first commercial UK law firm to list on the London Stock Exchange's AIM Market. Our strategy is to differentiate ourselves in a crowded marketplace, incentivise our people to retain and attract the best talent in the industry and diversify our income streams by acquiring complementary business services.
For further details on Gateley please visit www.gateleyplc.com or follow us on Twitter
www.twitter.com/GateleyGroup
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
BOAFLFLDSSIIVII
(END) Dow Jones Newswires
May 01, 2020 02:00 ET (06:00 GMT)
1 Year Gateley (holdings) Chart |
1 Month Gateley (holdings) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions