REG - Headlam Group PLC - Board Change

HeadlamAnnouncement

28/02/2025 07:15

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RNS Number : 7894Y  Headlam Group PLC  28 February 2025

28 February 2025

Headlam Group plc

('Headlam', the 'Company', the 'Group')

 

Board Change

 

Headlam (LSE: HEAD), the UK's leading floorcoverings distributor, announces
that, following a successful handover to Stephen Bird as part of the Company's
Chair succession plan, Keith Edelman will step down from the Board with
immediate effect and his roles as Chair of the Company and its Nomination
Committee will pass to Stephen Bird.

 

Keith has been a Director of the Company for over six years and the Board is
grateful to Keith for his service as both Non-Executive Director and, latterly
as Chair, and wish him well for his future ventures.

 

The Board confirms that Stephen Bird will take over as Chair of the Company
and its Nomination Committee with immediate effect, and Stephen will stand for
re-election at the AGM in May 2025.  The Board is also pleased to announce
that Jemima Bird, Chair of our Remuneration Committee, has also been appointed
as Senior Independent Director with immediate effect.

 

Chris Payne, Chief Executive Officer said "On behalf of the Board I would like
to thank Keith for the extensive contribution he has made to the Company over
the past six years, chairing the Board whilst we have made significant
progress against our strategy and overseen our transformation plans.  I'm
pleased Stephen has agreed to be our Chair and Jemima our Senior Independent
Director with immediate effect and look forward to continuing to work with
both Stephen, Jemima and the rest of the Board as we implement our
transformation plan".

 

 

This announcement is made in accordance with Listing Rule 6.4.6.  No further
details are required to be disclosed under LR6.4.8 or LR6.4.10.

 

 

 

Enquiries

 Headlam Group plc                                       Tel: 01675 433 000
 Chris Payne, Chief Executive                            Email: headlamgroup@headlam.com (mailto:headlamgroup@headlam.com)
 Adam Phillips, Chief Financial Officer
 Alison Hughes, General Counsel & Company Secretary

 Panmure Liberum Limited (Corporate Broker)              Tel: 020 3100 2000
 Tom Scrivens / Atholl Tweedie

 Peel Hunt LLP (Corporate Broker)                        Tel: 020 7418 8900
 George Sellar / Finn Nugent

 Houston (Financial PR)                                     Tel: 020 4529 0549
 Kate Hoare / Kelsey Traynor / Polly Clarke

 

Notes to Editors

Operating for over 30 years, Headlam is the UK's leading floorcoverings
distributor. The Group works with suppliers across the globe manufacturing the
broadest range of products, and gives them a highly effective route to market,
selling their products into the large and diverse trade customer base. The
Group has an extensive customer base spanning independent and multiple
retailers, small and large contractors, and housebuilders. It provides its
customers with a market leading service through the largest product range,
in-depth knowledge, ecommerce and marketing support, and nationwide next day
delivery service. To maximise customer reach and sales opportunity, Headlam
operates businesses, trade brands and product brands across the UK and
Continental Europe (France and the Netherlands), which are supported by the
group's network, central resources and processes.

 

IMPORTANT NOTICE

This announcement has been issued by and is the sole responsibility of the
Company. The information contained in this announcement is for background
purposes and does not purport to be full or complete.

The information contained in this announcement is for background purposes only
and no reliance may or should be placed by any person for any purpose
whatsoever on the information contained in this announcement or on its
completeness, accuracy or fairness. Recipients of this announcement should
conduct their own investigation, evaluation and analysis of the business, data
and property described in this announcement.

The information in this announcement is subject to change. This announcement
is not intended to, and does not constitute or form part of, any offer to sell
or issue or any solicitation of an offer to purchase, subscribe for, or
otherwise acquire, any securities or a solicitation of any vote or approval in
any jurisdiction.

 

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