Marshall Motor Holdings PLC Directorate Change (4194T)

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RNS Number : 4194T

Marshall Motor Holdings PLC

20 March 2019

MARSHALL MOTOR HOLDINGS PLC

("MMH" or the "Company")

Directorate Change

Marshall Motor Holdings Plc announces that Sarah Dickins, Non-Executive Director, has notified the Company of her intention to step down from the Board.

Sarah joined the Company as a Non-Executive Director in 2015 and since that time has served as the Chair of the Remuneration Committee.

The Board has commenced a process to find a successor and Sarah will remain with the Company to help ensure a smooth transition whilst an appointment is made. To facilitate this transition, Sarah will offer herself for re-appointment at the Company's forthcoming annual general meeting on 21 May 2019.

Sarah Dickins, said:

"It has been a privilege to be involved in the growth and development of MMH over the past four years and I am pleased that it remains very well positioned for its next phase of strategic growth. From a personal perspective, I feel the time is now right for me to focus on my full-time executive career and I would like to thank my fellow board members and the management team for their support over the past four years. I wish everyone at MMH well for the future."

Professor Richard Parry-Jones CBE, Chairman, said:

"On behalf of the Board, I would like to thank Sarah for her contribution to the Company over the past four years. We understand Sarah's reasons for stepping down at this time and we wish her well for the future. "

ENDS

For further information and enquiries please contact:

 
 Marshall Motor Holdings plc                   c/o Hudson Sandler 
 Daksh Gupta, Chief Executive Officer          Tel: +44 (0) 20 7796 
                                                4133 
 Richard Blumberger, Chief Financial Officer 
                                               Tel: +44 (0) 20 7597 
   Investec Bank plc (Financial Adviser,        5970 
   NOMAD & Broker) 
 Christopher Baird 
 David Flin 
 David Anderson 
                                               Tel: +44 (0) 20 7796 
   Hudson Sandler                               4133 
 Nick Lyon 
  Bertie Berger 
 Nick Moore

Notes to Editors

About Marshall Motor Holdings plc (www.mmhplc.com)

The Group's principal activities are the sale and repair of new and used vehicles. The Group's businesses have a total of 106 franchises covering 23 brands, operating from 84 locations across 27 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

In 2018 the Group was recognised by the Great Place to Work Institute, being ranked the 21st best place to work in the UK (large company category). This was the ninth year in succession that the Group has achieved Great Place to Work status.

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END

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March 20, 2019 06:00 ET (10:00 GMT)

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