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REG - Property FranchiseGp - Directorate Change

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RNS Number : 7747D  Property Franchise Group PLC (The)  07 March 2022

 

7 March 2022

 

THE PROPERTY FRANCHISE GROUP PLC

("TPFG", the "Company" or the "Group")

 

Directorate Change

 

The Property Franchise Group PLC, the UK's largest property franchisor,
announces that Glynis Frew will be stepping down as Managing Director of
Hunters and from the TPFG Board with effect from 31 March 2022, remaining with
the Group in a new role as Franchise Training and Development Director.

 

Following a period of over 20 years with Hunters, having overseen its growth
and subsequent integration into The Property Franchise Group, Glynis will now
be responsible for driving the Group's agenda to be an employer of choice and
implementation of new Regulation of Property Agents ("RoPA") initiatives.
Gareth Williams, an established member of the Group's senior management team,
will be taking on the role of Hunters MD. Gareth has a close relationship with
Hunters and will move into the role following an orderly handover with Glynis.

 

Gareth Samples, CEO of TPFG said: "I am extremely thankful to Glynis for all
she has achieved since we acquired Hunters, working closely with us to fully
integrate the brand and sharing her knowledge with the wider Group. Glynis
built a fantastic brand in Hunters, and I am delighted she will be remaining
with the Group as Franchise Training and Development Director, enabling her to
follow her passion for best-in-class training and development.

 

"I am confident she will continue to add ongoing value to TPFG while the
day-to-day leadership of Hunters transfers into the more than capable hands of
Gareth Williams. We have put together a very strong senior management team,
and we are pleased to have such an experienced, accomplished leader to pass on
the mantle to."

 

Glynis Frew, outgoing MD of Hunters, commented: "I would like to take this
opportunity to thank all of Hunters and the wider team for all we have
achieved in recent years. I have been with Hunters since 1999 and I can
honestly say it has been a privilege and an honour to either serve or
represent all those that were part of the team over that time frame. I am very
pleased to be continuing in my new role with TPFG to work together towards our
collective success.

 

"Although no longer leading Hunters I will remain as a director of Hunters and
take on more of a total group role. I will be tasked with driving the TPFG
agenda to be an employer of choice; driving my passion for training to
establish us with world class training capability. We aim to put in place a
Group National Qualification, so we are ahead of the curve in terms of RoPA
and the anticipated regulation for the licensing of estate agents. This will
be for our entire network of franchise partners and all our colleagues."

 

 

For further information, please contact:

 

 The Property Franchise Group PLC                            01202 405549

 Gareth Samples, Chief Executive Officer

 David Raggett, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser and Broker)   0207 523 8000

 Bobbie Hilliam

 Tom Diehl

 Alma PR                                                   020 3405 0205

 Susie Hudson                                              propertyfranchise@almapr.co.uk

 Justine James

 Joe Pederzolli

About The Property Franchise Group PLC:

The Property Franchise Group PLC (AIM: TPFG) is the largest property
franchisor in the UK and manages the second largest estate agency network and
portfolio of lettings properties in the UK.

 

The Company was founded in 1986 and has since grown to a diverse portfolio of
nine brands operating throughout the UK, comprising longstanding high-street
focused brands and a hybrid, no sale no fee agency.

 

The Property Franchise Group's brands are Martin & Co, EweMove, Hunters,
CJ Hole, Ellis & Co, Parkers, Whitegates, Mullucks & Country
Properties.

 

Headquartered in Bournemouth, UK, the Company was listed on AIM on the London
Stock Exchange in 2013. More information is available
at www.propertyfranchise.co.uk (http://www.propertyfranchise.co.uk/)

 

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