REG - Helical PLC - Directorate change

HelicalAnnouncement

25/03/2026 15:00

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RNS Number : 1352Y  Helical PLC  25 March 2026

25 March 2026

HELICAL PLC

("Helical" or the "Company")

Appointment of new independent Non-Executive Board Chair

 

Today, the Company announces that Richard Cotton is standing down as Board
Chair, Nominations Committee Chair and Director of the Company with effect
from the end of April. During his tenure, Richard oversaw the Company's
revised strategy in 2024 and appointment of its current Executive leadership
team.

The Company is pleased to announce that, following a recruitment process led
by a specially convened Nominations Committee and advised by external search
consultancy firm MWM Consulting, the Board has appointed Robert Fowlds as
independent Non-Executive Chair with effect from 1 May 2026. In addition to
assuming the role of Board Chair, Robert will also become Chair of the
Nominations Committee and step down from the Audit and Risk Committee. He will
remain a member of the Remuneration Committee. Robert will have completed a
comprehensive handover with Richard prior to his appointment.

Robert Fowlds joined the Board as an independent Non-Executive Director on 8
February 2024 and his  biography is available on the Company's website
(https://www.helical.co.uk/about-us/our-team/) . Robert has extensive
experience in real estate and corporate finance and is an accomplished
non-executive director with a strong understanding of stakeholder relations.

Richard Cotton said:

"It has been a privilege to be part of Helical since 2016 and to contribute to
the way in which the business has addressed a number of major challenges over
this period.

"During my time as Chair, we have strategically repositioned the Group,
providing an exciting platform to take advantage of opportunities in the
future.

"I am pleased to be leaving the business in Robert's capable hands and I am
confident that he has the skills and experience to support the next stage of
the Group's strategy, focused on harvesting the returns from our well timed
development programme."

Matthew Bonning-Snook commented:

"I am delighted that Robert has agreed to succeed Richard as Chair and I am
very much looking forward to working with him in that capacity. On behalf of
the Board, I would also like to thank Richard for the significant and
invaluable contribution he has made to Helical, first as an independent
non-executive director and then as Chair."

Robert Fowlds said:

"I am honoured to be taking on the role of Board Chair at an exciting time for
the business. I believe that there are significant opportunities for the Group
ahead, and I am looking forward to working with the Board and wider management
team to continue to deliver on the Group's strategy."

Following these proposed changes to the Board's composition, the Helical Board
will consist of four independent Non-Executive Directors, including the Chair
and two Executive Directors. As part of its ongoing programme of succession
planning, the Nominations Committee will continue to review the composition of
the Board, including the need to recruit additional non-executive directors as
appropriate.

This announcement is made pursuant to UKLR 6.4.6R of the Listing
Rules.

 For further information:

 Helical plc
 Matthew Bonning-Snook (CEO)  Address:     22 Ganton Street, London, W1F

                                7FD

                              Website:     www.helical.co.uk (http://www.helical.co.uk)

                              Tel:               020 7629 0113

 FTI Consulting
 Dido Laurimore               Email:           Schelical@fticonsulting.com

                            (mailto:Schelical@fticonsulting.com)
 Andrew Davis

                              Tel:               020 3727 1000

 

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