Ashley (Laura) Hldgs PLC Directorate change (5251D)

TIDMALY

RNS Number : 5251D

Ashley (Laura) Hldgs PLC

20 February 2020

Laura Ashley holdings PLC (the "Company")

Directorate change

20 February 2020

Further to the announcement made on 31 January 2020, the Company announces that Katharine Poulter, current Chief Operating Officer of the Company, will be appointed as Executive Director and Chief Executive Officer with immediate effect.

Ms. Poulter has 25 years of retail experience with companies including Marks and Spencer plc, Home Retail Group plc, Kingfisher plc, Habitat Limited and Wilko Brands Ltd. Since joining as COO earlier this year, she has spearheaded a strategic review of the business.

Ms. Poulter succeeds Mr. Kwan Cheong Ng, who will retire as Chief Executive Officer of the Company. Mr. Ng will remain as Executive Director until 30 April 2020, after which time he will become a Non-Executive Director of the Board.

The Board would like to take this opportunity to thank Mr. Ng for his contribution as Executive Director and Chief Executive Officer during his tenure with the Company and to wish him the very best in his retirement.

No further information is required to be disclosed under Listing Rule 9.6.13R.

Enquiries:

K C Ng / Katharine Poulter Laura Ashley 020 7880 5100

Anita Scott / Alice Gibb Brunswick 020 7404 5959

   Rick Thompson / Michael Boot      Cantor Fitzgerald Europe              020 7894 7000

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

BOAEAXANFANEEFA

(END) Dow Jones Newswires

February 20, 2020 02:00 ET (07:00 GMT)

Ashley (laura) (LSE:ALY)
Historical Stock Chart
From Mar 2024 to Apr 2024