Countryside Partnerships PLC Resignation Of Non-Executive Chair (2476S)

TIDMCSP

RNS Number : 2476S

Countryside Partnerships PLC

13 July 2022

RESIGNATION OF NON-EXECUTIVE CHAIR

The Board of Countryside Partnerships PLC ("Countryside" or "the Company") today announces that John Martin, Non-Executive Chair, has informed the Board of his decision to resign from all his roles at the Company with immediate effect.

Douglas Hurt, Senior Independent Director takes over the role of Non-Executive Chair and Chair of the Nomination Committee and Amanda Burton is appointed Senior Independent Director with immediate effect.

There is no change to the previous financial guidance for adjusted operating profit for the full year ending 30 September 2022.

Commenting on today's announcement, Douglas Hurt, Non-Executive Chair said : "We are sorry to see John Martin go and would like to thank John for his dedication, commitment and significant contribution to Countryside. We wish him all the best for the future."

John Martin said: "I would like to thank all colleagues in Countryside who have contributed to making the company unique and to wish you all the greatest success going forward."

ENQUIRIES:

Countryside Partnerships PLC

Tim Lawlor - Chief Financial Officer

+44 (0)1277 260000

Brunswick Group LLP

Nina Coad / Robin Wrench

+44 (0)20 7404 5959

NOTES TO EDITORS:

Countryside Partnerships is the market leader in the delivery of high quality, mixed tenure communities in partnership with housing associations, public bodies and institutional private rental operators, with a strong focus on placemaking and regeneration.

Countryside's differentiated Partnerships business model:

-- Mixed tenure developments, including affordable homes, homes for institutional private rental and homes for private sale.

-- Over 40 years track record of collaborative working with partners in public and private sectors.

   --      Over 60% of developments on regeneration or brownfield sites.

-- Increasing use of Modern Methods of Construction ("MMC"), with a target of 50% of all homes to be build using MMC by 2025.

-- Placemaking at the heart of everything we do - designing places people love, helping to build successful communities. Committed to high quality design, construction and management, creating positive legacy for future generations.

For more information, visit www.countrysidepartnerships.com or follow @CountrysidePPLC on Twitter.

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