Marshall Motor Holdings PLC Professor Richard Parry-Jones CBE (8547V)

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RNS Number : 8547V

Marshall Motor Holdings PLC

19 April 2021

MARSHALL MOTOR HOLDINGS PLC

Professor Richard Parry-Jones CBE

The Board of Marshall Motor Holdings Plc is deeply saddened to announce the sudden passing of its Chairman, Professor Richard Parry-Jones CBE, on 16 April 2021 following a tragic accident near his home in Wales. Richard has been Chairman of the Board since January 2019.

Alan Ferguson, Senior Independent Director, will assume the role of Chairman in the interim.

Daksh Gupta, Chief Executive Officer, said:

"Richard was not only an exemplary Chairman but a great mentor and friend to me. He was very passionate about Marshall and was excited about the future prospects for the Group. We were so fortunate to have him as our Chairman and I will miss him enormously; it is a tragedy that we, and the wider industry, have lost him so soon."

Alan Ferguson, Senior Independent Director, said:

"Richard was an enormously well-respected, popular and influential figure in the automotive industry and his passing is a great loss, both to Marshall and to the sector as a whole.

Richard will be hugely missed by the Board and our thoughts are with his family and loved ones at this very difficult time."

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 
 Investec Bank plc (Financial Adviser,   Tel: +44 (0) 20 7597 
  NOMAD & Broker)                         5970 
 Christopher Baird 
 David Flin 
 David Anderson 
 Hudson Sandler                          Tel: +44 (0) 20 7796 
                                          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 113 franchises covering 22 brands, across 28 counties in England. In addition, the Group operates six trade parts specialists, two used car centres, six standalone body shops and one pre delivery inspection centre.

In 2020 the Group was recognised by the Great Place to Work Institute, being ranked the 12(th) best place to work in the UK (super large company category). This was the eleventh year in succession that the Group has achieved Great Place to Work status.

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END

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April 19, 2021 02:00 ET (06:00 GMT)

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