TIDMAML

RNS Number : 3244F

Aston Martin Lagonda Global Hld PLC

13 November 2020

13 November 2020

Aston Martin Lagonda Global Holdings plc ("Aston Martin" or the "Company")

Board Change

In anticipation of the transactions recently announced by the Company which will, once completed, reduce the shareholding of the Adeem/Primewagon shareholder group (the "Adeem/PW Group") to below 10% of the Company's share capital, the Company announces that in accordance with the Relationship Agreement between the Adeem/PW Group and the Company Mr Mahmoud Samy Mohamed Aly El Sayed, a representative director of the Adeem/PW Group, has elected to step down from the Board with effect from 12 November 2020. Mr. El Sayed has served as a Director of the Company since 7 September 2018 and has been a director within the Group since March 2007. In accordance with the Relationship Agreement the remaining board seat for the Adeem/PW Group shall continue to be held by Mr Amr Ali Abdallah AbouelSeoud.

The Company thanks Mr. El Sayed for his many years of service and support to the Aston Martin group and wishes him well for the future.

Enquiries

Investors and Analysts

Charlotte Cowley Director of Investor Relations +44 (0)7771 976764 charlotte.cowley@astonmartin.com

Media

Kevin Watters Director of Communications +44 (0)7764 386683 kevin.watters@astonmartin.com

   Grace Barnie         Corporate Communication Manager               +44 (0)7880 903490 grace.barnie@astonmartin.com 

Tulchan Communications

   Harry Cameron and Simon Pilkington                                          +44 (0)20 73534200 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAGPGPPGUPUGAW

(END) Dow Jones Newswires

November 13, 2020 10:25 ET (15:25 GMT)

Aston Martin Lagonda Glo... (LSE:AML)
Historical Stock Chart
From Jul 2024 to Jul 2024 Click Here for more Aston Martin Lagonda Glo... Charts.
Aston Martin Lagonda Glo... (LSE:AML)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Aston Martin Lagonda Glo... Charts.