Aston Martin Lagonda Global Hld PLC Directorate Change (3244F)
November 13 2020 - 10:25AM
UK Regulatory
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
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