Northgate PLC Directorate Change (7667I)

TIDMNTG

RNS Number : 7667I

Northgate PLC

12 August 2019

12 August 2019

NORTHGATE PLC

Directorate Change

Northgate plc ("Northgate" or the "Group"), the leading specialist in light commercial vehicle hire in the UK, Spain and Ireland, today announces the appointment of Avril Palmer-Baunack as Non-Executive Chairman with immediate effect.

Avril has more than 25 years' experience in leading businesses in the automotive industry in a number of senior Executive and Non-Executive roles.

Avril is currently Executive Chairman of BCA Marketplace, and Non-Executive Chairman of Safe Harbour Holdings plc. She has previously held roles as Non-Executive Chairman of Redde plc, Executive Chairman of Stobart Group, Chief Executive Officer of Autologic Holdings plc and of Universal Salvage plc.

Bill Spencer, Senior Independent Director of Northgate, commented, "Having completed a thorough search to find a high-quality Chairman for the business, I would like to welcome Avril to the Board of Northgate. She brings a wide range of industry experience and a demonstrable track record in delivering shareholder value."

Avril Palmer-Baunack, Non-Executive Chairman of Northgate, commented, "I look forward to working closely with Northgate's Board and wider executive management team and to contributing to the business and its growth strategy."

Kevin Bradshaw, Chief Executive of Northgate, commented, "I am delighted to welcome Avril to the Board, and I look forward to working closely with her as she joins the Northgate team. Avril's skills and experience will be invaluable as we continue to evolve the Group's strategy. I would like to thank Bill for his support as interim Chairman during these past few months."

ENDS

For further information please contact:

 
 MHP Communications    [phone] 
 Andrew Jaques         [e-mail] 
  Simon Hockridge 
  Ollie Hoare 
 

Contacts for Avril Palmer-Baunack

 
 Buchanan Communications    [phone] 
 David Rydell 
  Jamie Hooper 
 

Notes

Avril Palmer-Baunack's other appointments:

Avril Palmer-Baunack is currently Executive Chairman of BCA Marketplace, Europe's leading automotive marketplace and solutions provider, a position she has held since July 2014.

Since February 2018 Avril Palmer-Baunack has also held the position of Non-Executive Chairman of Safe Harbour Holdings plc, the FTSE AIM listed investment vehicle for assets in B2B distribution and services.

There is no other information relating to Avril Palmer-Baunack that is required to be disclosed under Listing Rule 9.6.13R of the UK Listing Authority.

About Northgate

Northgate plc is the leading light commercial hire business in the UK, Spain and Ireland by fleet size and has been operating in the sector since 1981.

Northgate's core business is the hire of light commercial vehicles to businesses on a flexible or minimum-term basis, giving customers the ability to manage their fleet requirements in a way which can adapt best to changing business needs.

Further information regarding Northgate plc can be found on the Company's website:

www.northgateplc.com

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END

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August 12, 2019 10:30 ET (14:30 GMT)