Crawshaw Group PLC Directorate Change and trading update (6880I)
March 23 2018 - 3:00AM
UK Regulatory
TIDMCRAW
RNS Number : 6880I
Crawshaw Group PLC
23 March 2018
23 March 2018
Crawshaw Group Plc
("Crawshaw" or "the Group")
Directorate change and trading update
Crawshaw Group Plc, the UK's leading value butcher, announces
the following intended changes to its Board of Directors.
Noel Collett, Chief Executive Officer, has informed the Board of
his intention to step down to pursue other opportunities but will
remain in his role until a replacement CEO is appointed to ensure
an orderly hand over.
The Group also announces that Alan Richardson, Chief Financial
Officer, has notified the Board of his intention to leave the
business in early May to take up an opportunity outside the
Group.
Trading for the year ended January 2018 remains unchanged and
the full year results will be announced in April. Trading in the
first 6 weeks of the new financial year has been challenging,
exacerbated by the recent poor weather but the factory shop format
continues to perform well.
Jim McCarthy, Chairman of Crawshaw Group, said:
"The Board of Crawshaw thanks Noel and Alan for their
contribution and wishes them success in their future endeavours. We
anticipate being in a position to announce a new CEO and CFO in the
near term who will help drive the business forward."
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations.
Enquiries:
Crawshaw Group plc
Jim McCarthy 01709 369 600
Tulchan Communications LLP
Susanna Voyle, Will Smith 020 7353 4200
Peel Hunt LLP
Adrian Trimmings, George Sellar 020 7418 8900
This information is provided by RNS
The company news service from the London Stock Exchange
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