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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Safestyle Uk Plc | LSE:SFE | London | Ordinary Share | JE00BGP63272 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.32 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Manufacturing Industries,nec | 154.32M | -6.51M | -0.0469 | -0.07 | 444.37k |
From Apr 2019 to Apr 2024
TIDMSFE
RNS Number : 7943R
Safestyle UK PLC
05 March 2019
5 March 2019
Safestyle UK plc
("Safestyle" or the "Group")
Directorate Change
The Board of Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that it has received the resignation of Giles Richell, Chief Operating Officer, from both his executive role and Board Directorship.
Following a hugely challenging 2018, the Group is fully engaged in delivering the three phase turnaround plan. Part of this plan requires the Group to simplify its organisational structure and recover its overhead position.
Giles will resign from the Board with immediate effect and will remain in the business to focus on handing over his executive responsibilities in due course. Giles' role will not be replaced and his reporting lines will revert to the senior leadership team.
Mike Gallacher, CEO of Safestyle UK plc, said:
"Giles joined the Group in February 2017 and led the transformation of our manufacturing site at Wombwell, significantly enhanced our HR function and led our Digital Transformation programme. I would like to thank Giles for his significant contribution to the business over the last two years and the Board wishes him all the best with his future endeavours."
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Enquires:
Safestyle UK plc via FTI Consulting Mike Gallacher, Chief Executive Officer Rob Neale, Chief Financial Officer Zeus Capital (Nominated Adviser & Joint Tel: 0203 829 5000 Broker) Nick How / Dominic King Liberum Capital Limited (Joint Broker) Tel: 0203 100 2100 Neil Patel / Jamie Richards FTI Consulting (Financial PR) Tel: 0203 727 1000 Alex Beagley / James Styles / Laura Saraby
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
BOALLFLRVFISIIA
(END) Dow Jones Newswires
March 05, 2019 02:02 ET (07:02 GMT)
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