REG - Barr(A.G.) PLC - Directorate changes announcement

A G BarrAnnouncement

26/03/2024 07:15

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RNS Number : 2331I  Barr(A.G.) PLC  26 March 2024

 

IMMEDIATE
RELEASE
26 March 2024

 

A.G. BARR p.l.c.

("A.G. BARR" or the "Company")

 

A.G. BARR is a branded multi-beverage business with a portfolio of
market-leading UK brands, including IRN-BRU, Rubicon, FUNKIN and Boost.

 

Directorate changes announcement

 

The Board of Directors (Board) of A.G. BARR p.l.c. announces that Jonathan
Kemp has advised the Board that, owing to family health reasons, he will not
seek re-election as a statutory director of the Company at its Annual General
Meeting scheduled to take place on 31 May 2024 (AGM) and will retire as a
director of the Company following conclusion of the AGM. In order to
facilitate a smooth leadership transition, Jonathan will continue to lead the
Commercial function until 30 September 2024. Thereafter he will remain
available to the Company as required for a further twelve month period
following which he will retire from the business. The business will commence a
recruitment process in due course to identify a successor - this role will not
be an executive director Board position.

 

As previously communicated on 26 May 2023, after nine years as a Non-Executive
Director, David Ritchie will stand down from the Board with effect from the
conclusion of the AGM. David will be succeeded by Louise Smalley as
Remuneration Committee Chair.

 

Mark Allen, Chair of A.G. BARR, commented "On behalf of the Board, I would
like to thank Jonathan for his significant contribution to A.G. BARR for over
20 years. As Commercial Director, he has been instrumental to the growth of
the Company, with the business in a strong position to continue to grow and
develop. We wish him and his family all the very best for the future. I would
also like to thank David for his commitment and contribution to the business
over many years. The Board has benefitted from his extensive knowledge and
experience and wishes him well with his future endeavours."

 

For more information, please contact:

 

 A.G. BARR  0330 390 3900   Instinctif Partners  020 7457 2020

 Mark Allen, Chair          Justine Warren

                            Matthew Smallwood

 

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