Board Change
CLS Holdings plc
16 Tinworth Street, London
SE11 5AL, UK
Tel : +44 (0)20 7582 7766
E : enquiries@clsholdings.com
www.clsholdings.com
CLS Holdings plc
("CLS", the "Company" or the "Group")
Board Change
CLS announces that Harry Stokes, Chief Financial Officer ("CFO") and Director of the Company, has informed the Board of his decision to step down to pursue other interests.
Harry will remain in role until 2 July 2026, at which point he will step down from the Board. He will remain an employee of the Company until 17 July 2026 and will work with the Board, Fredrik Widlund, his successor and the wider finance team to support an orderly transition of his responsibilities.
Patrick Symons, CA, will be appointed to the Board as CFO on 3 July 2026. Patrick has worked at CLS in a number of senior financial roles since joining in 2017 and has been Group Financial Controller since 2023.
The Board remains confident in both our long-term strategy of owning and actively managing high-quality, well-located, multi-let office assets in Europe's three largest economies, and our near-term strategic priorities of reducing our vacancy, strengthening our balance sheet through active refinancing and disposals, and investing in our properties.
This announcement has been made pursuant to UK Listing Rule 6.4.6 and 6.4.7. There is no further information relating to Patrick Symons which is required to be disclosed under UK Listing Rule 6.4.8.
Lennart Sten, Chairman of CLS, commented:
"I would like to thank Harry for his contribution to CLS. The Board respects his decision to step down and his commitment to supporting an orderly transition."
"Patrick has worked closely with our last two CFOs and, having been with us since 2017, knows the business extremely well. CLS remains focused on executing its strategic priorities, strengthening the balance sheet and delivering long-term value for shareholders."
Harry Stokes, Chief Financial Officer of CLS, commented:
"I have enjoyed working with the incredibly talented team at CLS, but I have regretfully decided that the CFO role is not aligned to my long-term aspirations and as such I have chosen to leave to pursue other interests. I am grateful to Lennart, Fredrik, the Board and colleagues across CLS for their support, and I will work closely with the team to ensure a smooth transition."
- ENDS -
For further information, please contact:
CLS Holdings plc
(LEI: 213800A357TKB2TD9U78)
Fredrik Widlund, Chief Executive Officer
Harry Stokes, Chief Financial Officer
+44 (0)20 7582 7766
Panmure Liberum
Jamie Richards
David Watkins
+44 (0)20 3100 2000
Berenberg
Carl Gough
Harry Nicholas
+44 (0)20 3207 7800
Edelman Smithfield (Financial PR)
Alex Simmons +44 7970 174 353
Hastings Tarrant +44 7813 407 665
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDBOAUPURPMUPQUBG
