Kier Group PLC Board Change (9241M)
September 19 2019 - 2:02AM
UK Regulatory
TIDMKIE
RNS Number : 9241M
Kier Group PLC
19 September 2019
19 September 2019
Kier Group plc
Board Change
Kier Group plc (the "Company") announces that its Chairman,
Philip Cox, has informed the board of directors (the "Board") that
he will retire as Chairman and step down from the Board once a
successor has been appointed. The search process for Mr. Cox's
successor has commenced.
Mr. Cox joined the Board on 1 July 2017 and became Chairman on
31 August 2017. He has overseen the recent appointment of a new
management team and has decided that it would now be appropriate
for the Company to appoint a new Chairman to work with the Board to
deliver the strategic actions announced on 17 June 2019.
- ENDS -
For further information, please contact:
Kier press office +44 (0)1767 355 096
Richard Mountain/Nick Hasell, FTI Consulting +44 (0)20 3727 1340
This announcement contains inside information for the purposes
of the Market Abuse Regulation (Regulation (EU) No. 596/2014). The
person responsible for making this announcement on behalf of the
Company is Hugh Raven, General Counsel and Company Secretary.
This announcement does not constitute an offer of securities by
Kier Group plc (the "Company"). Nothing in this announcement is
intended to be, or intended to be construed as, a profit forecast
or a guide as to the performance, financial or otherwise, of the
Company or any of its subsidiaries (together, the "Group") whether
in the current or any future financial year. This announcement may
include statements that are, or may be deemed to be,
"forward-looking statements". By their nature, forward-looking
statements involve risks and uncertainties because they relate to
events and depend on circumstances that may or may not occur in the
future and may be beyond the Company's or the Group's ability to
control or predict. Forward-looking statements are not guarantees
of future performance. You are advised to read the section headed
"Principal risks and uncertainties" in the Company's Annual Report
and Accounts for the year ended 30 June 2018 and the section of the
Company's rights issue prospectus dated 30 November 2018 entitled
"Risk factors" for a further discussion of the factors that could
affect the Company's or the Group's future performance and the
industry in which it operates. Other than in accordance with its
legal or regulatory obligations, the Company does not accept any
obligation to update or revise publicly any forward-looking
statement, whether as a result of new information, future events or
otherwise.
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
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