logo-loader
RNS
A&J Mucklow Group PLC

Board Changes

/**/ body{ }link{ color: #000000 }visited{ color: fuchsia } .l{size:595.3pt 841.9pt;margin:2.0cm 2.0cm 2.0cm 2.0cm;}div.l{}p.o{margin:0cm;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Helvetica Neue","serif";color:black;border:none;font-weight: bold; text-align: center}p.g,li.g,div.g{margin:0cm;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Helvetica Neue","serif";color:black;border:none;}span.h{}span.i{} /**/
RNS Number : 3320G
Mucklow(A.& J.)Group PLC
05 November 2018
 

A & J MUCKLOW GROUP PLC

 

BOARD CHANGES

 

A & J Mucklow Group Plc, the Midlands based Real Estate Investment Trust, announces the following changes to the Board.

 

Justin Parker, Managing Director, and Rupert Mucklow, Executive Chairman, have jointly managed A & J Mucklow Group Plc for the last 15 years. The Company has been very successful during this period, achieving a total shareholder return of 312%.

 

As part of the succession planning for the business, the Board is now implementing some changes at Board level, so as to provide the business with continuity and stability in leadership in the medium to long term. The following changes have been agreed.

 

Justin Parker will step down from the Board and will leave the Company on 31 December 2018 to pursue new challenges in the property industry. The Company will recruit a CEO who will combine the duties of the Managing Director and the executive duties of the Chairman and, pending that appointment, Rupert Mucklow will assume the Managing Director's duties from 01 January 2019 until the new CEO has settled in, after which he will relinquish his executive duties, and assume the role of Non-Executive Chairman.

 

Rupert Mucklow commented:

 

'Justin and I have enjoyed working together for the last 15 years and are very proud of what we have achieved. However, we are not immortal and we both recognise the need to restructure the Board roles as part of the Company's succession plan and to introduce new talent to the Company. This will enable the business to flourish for many more years. I would personally like to thank Justin for his loyalty, professionalism and dedication over the years and I and the Board wish him every success in whatever he pursues next'.

 

A statement required by section 430(2B) of the Companies Act 2006 will be placed on A & J Mucklow Group Plc's website as soon as reasonably practicable following the date on which Justin Parker ceases to be a director of the Company.

 

 

Contact:

 

Rupert Mucklow, Chairman

0121 550 1841

 

Legal Entity Identifier (LEI): 21300M1Q89HWSY7ES84


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 [email protected] or visit www.rns.com.
 
END
 
 
BOAFKPDKCBDKKDK

Quick facts: A&J Mucklow Group PLC

Price: £0.00

Market: LSE
Market Cap: £0.00
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE