REG - Belvoir Group PLC - Board Changes

BelvoirAnnouncement

05/01/2022 07:00

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RNS Number : 4153X  Belvoir Group PLC  05 January 2022

BELVOIR!

 

BELVOIR GROUP PLC

(the "Company", or "Belvoir" or the "Group")

 

 Board Changes

 

Belvoir Group PLC (AIM: BLV), a leading UK property franchise and financial
services group, announces that Michelle Brook has today been appointed to the
Board of Belvoir as Financial Services Director.

 

Michelle has over 25 years' experience in managing financial services,
including as a Regional Sales Director for Mortgage Advice Bureau until
leaving to set up Brook Financial Services Ltd in 2010, which she ran until
2017 when it was acquired by Belvoir. Since then, Michelle has been the
Managing Director of Brook Financial Services within the Belvoir Group. This
appointment underlines the increasing importance of the financial services
division to the Group's growth strategy.

 

Also with effect from today, Mark Newton, founder of Newton Fallowell Limited
and Executive Director of the Belvoir Group, is retiring and will become a
Non-Executive Director of the Group.

 

The Board is looking to appoint a further Independent Non-executive Director
in due course.

 

Dorian Gonsalves, CEO of Belvoir Group, commented:

 

"I am delighted to welcome Michelle to the Board of Belvoir. Michelle has been
instrumental in the successful and profitable growth of Belvoir's financial
services division over the last four years and brings a significant amount of
experience to the senior management team.  Michelle will play a crucial role
as we continue to expand our financial services offering following the
exceptionally strong sales market of the last year.

 

"On behalf of the whole Board, I would like to thank Mark Newton for his
contribution to the strategic growth of the Group over the past six years.
Many of our recent corporate acquisitions have stemmed from Mark's strong
relationships within the sector.  I am delighted that Mark has decided to
remain with Belvoir as a Non-Executive Director and that we will continue to
benefit from his considerable expertise both in estate agency and financial
services."

 

 

 Enquiries:

 Belvoir Group PLC                                     01476 584900

 Dorian Gonsalves, Chief Executive Officer            investorrelations@belvoirgroup.com (mailto:investorrelations@belvoirgroup.com)

 Louise George, Chief Financial Officer

 www.belvoirgroup.com (http://www.belvoirgroup.com)

 finnCap                                              +44 (0) 20 7220 0500

 Julian Blunt, Teddy Whiley (Corporate Finance)

 Tim Redfern, Charlotte Sutcliffe (ECM)

 www.finncap.com (http://www.finncap.com/)

 Buchanan                                              +44 (0) 20 7466 5000

 Charles Ryland, Victoria Hayns & Tilly Abraham

The following information regarding the appointment of Michelle Jane Brook
(née Wood), aged 54, is disclosed under Schedule 2(g) of the AIM Rules for
Companies.

 Current directorships and/or partnerships:  Former directorships and/or partnerships (within the last five years):
 Brook Mortgage Services Limited             Brook Holdings Yorkshire Limited
 Brook Financial Services Ltd                Brook Mortgage Solutions Limited
 Purely Mortgage Consultants Limited
 MAB (Gloucester) Limited
 Claycliffe Office Park Management Limited

 

As at the date of this announcement, Michelle Brook holds 475,162 ordinary
shares in the Company and options over 9,527 ordinary shares.

 

About Belvoir Group PLC

Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a
nationwide property franchise Group with 467 offices across six brands
specialising in residential lettings, property management, residential sales
and property-related financial services. With its Central Office in Grantham,
Lincolnshire, the Group manages 71,600 properties and reported record revenues
of £21.7m in 2020 marking Belvoir's 24(th) year of unbroken profit growth.

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