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RNS Number : 4715L Boot(Henry) PLC 05 June 2025
Hallam Land Managing Director to step down
Henry Boot announces that Nick Duckworth will step down from his role as
Managing Director of Hallam Land, the group's wholly owned land promotion
business, at the end of the year. A process has already commenced to identify
his successor, and Nick will remain with the business until the end of the
year, allowing for an orderly transition of his responsibilities.
Hallam Land was formed in 1989 and Nick joined the business in 1992,
establishing the South West office five years later. He held a number of
positions before becoming Managing Director in 2016.
Tim Roberts, CEO at Henry Boot, said: "Nick has made a significant
contribution to the success of Hallam Land and is well respected both within
the business and the land promotion industry. Hallam Land has grown
significantly during his tenure, and we now have a nationwide team in place
that has a strong track record of managing value from one of the largest land
portfolios in the UK. On behalf of the Board and everyone at Henry Boot I wish
him all the best for the future."
Nick Duckworth, Managing Director at Hallam Land, said: "After 33 years at
Hallam Land, I've decided that the time is right to step down. Since becoming
Managing Director, I am proud to have played a key role in the success of the
business, growing the land bank to over 100,000 residential plots and
completing on the sale of over 24,000 plots. I leave the business well
positioned with a very capable team focused on accelerating projects and
planning applications to deliver much-needed homes across the country.
Following a short break my intention is to establish a strategic land advisory
consultancy."
ENDS
Notes to editors
Henry Boot is one of the UK's leading land, property development, home
building and construction businesses - and we've been transforming land and
spaces since 1886. Listed on the London Stock Exchange since 1919, we're
renowned for quality, expertise, delivery and a partnership approach across
the group - which comprises, Hallam Land, HBD, Stonebridge Homes, Henry Boot
Construction, Banner Plant and Road Link.
Operating across the UK, and employing over 500 people, we focus on three key
markets: urban development, industrial and logistics and residential. Hallam
Land manages one of the top five largest land portfolios in the country, with
the potential to facilitate over 100,000 homes. HBD manages a development
pipeline of £1.2bn, the equivalent of 6m sq ft of developments across our key
markets, while maintaining a £107m investment portfolio, of which 72% of the
properties have an EPC rating of 'C' or higher. Stonebridge, our jointly owned
home building business, manages a land portfolio capable of delivering 1,700
homes, with an ambition to deliver up to 600 new homes a year.
Henry Boot Construction has extensive experience in both the public and
private sectors, including major projects such as the £200m regeneration of
Barnsley town centre, and The Cocoa Works, a £57m residential development in
York. For over 65 years, Banner Plant has supplied construction products and
services, operating from seven regional depots in the North of England.
We have also developed an ambitious Responsible Business Strategy to help us
meet our aim of being Net Zero Carbon by 2030, and to deliver, by 2025,
charitable, community and education work valued at £1m.
From land promotion, property development and investment to home building,
construction and plant hire, Henry Boot is where great places start.
henryboot.co.uk (http://www.henryboot.co.uk/)
Enquiries
FTI Consulting
Richard Sunderland / Giles Barrie
07894 797067 / 07798 926814
henryboot@fticonsulting.com
Henry Boot PLC
Tim Roberts, Chief Executive Officer
Darren Littlewood, Chief Financial Officer
Daniel Boot, Senior Corporate Communications Manager
07825 088807
dboot@henryboot.co.uk
henryboot.co.uk
Deutsche Numis
Joint Corporate Broker
Ben Stoop
0207 260 1000
Peel Hunt LLP
Joint Corporate Broker
Ed Allsopp / Pete Mackie
0207 418 8900
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