REG - H&T Group PLC - Directorate Change

H & TAnnouncement

26/10/2020 07:00

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RNS Number : 1035D  H&T Group PLC  26 October 2020

26 October 2020

 

H&T Group plc

 

John Nichols will retire as chief executive officer of H&T Group plc on 31
December 2020 after nearly 24 years' service.  Nichols will remain as a
consultant to the company for six months thereafter.  He will be succeeded as
CEO by Chris Gillespie on 1 January 2021, who has recently joined the H&T
board.

 

Peter McNamara, H&T chairman, said

 

"John executed a management buyout of the firm in September 2004 and was
instrumental in its subsequent successful flotation onto the AIM market.  At
the time of the flotation we had 69 branches, and now we are at 252 branches
which is a testament to John's drive and effort.  We have over that time
become the leading pawnbroker in the UK under his leadership.

 

"Much of what the business has achieved has been as a result of John's close
understanding of the business, his belief in the longevity and resilience of
our core business activity as well as his working relationships with the
branch colleagues.  Together their contribution has been key to the success
of H&T where others in the sector have often not prospered.

 

"On behalf of the board and everyone at H&T, I offer John our
congratulations upon his retirement.  We wish him a long, healthy and
doubtless very active retirement."

 

 

 

 

Peter McNamara

Chairman

H&T Plc

 

- ENDS -

 

 

For further information, please contact:

 

H&T GROUP PLC

Tel: 020 8225 2797

Peter McNamara, Chairman

 

Numis Securities (Broker and Nominated Adviser)

Tel: 020 7260 1000

Luke Bordewich - Nominated Adviser

Henry Slater

 

Haggie Partners (Public Relations)

Tel: 020 7562 4444

H&T@haggie.co.uk

Damian Beeley

Vivian Lai

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