REG - Titon Holdings PLC - Chief Executive Officer resignation

Titon HoldingsAnnouncement

10/11/2021 12:25

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RNS Number : 9733R  Titon Holdings PLC  10 November 2021

10 November 2021

 

Titon Holdings Plc

 

Chief Executive Officer resignation

 

Titon Holdings Plc ("Titon" or the "Group"), a leading international
manufacturer and supplier of ventilation systems and window and door hardware,
announces that Mat Norris, Group CEO, has informed the Board of his intention
to step down from his position to take up another role. Mat will remain as CEO
and carry out his responsibilities until he leaves the Board on 9 February
2022, to ensure a smooth transition for the Group.

 

Keith Ritchie, Executive Chairman of Titon, said: "The Board of Titon is
disappointed with Mat's decision to resign after such a short period at Titon.
The search for a new CEO will commence immediately and Mat's successor will be
announced in due course. We are due to publish our results for the year ended
30 September 2021 on 16 December 2021 and anticipate that those results will
be in line with our expectations."

For further information please contact:

 Titon Holdings Plc

 Keith Ritchie                                 Tel: +44 (0)7748 146834

 Shore Capital (Nominated Adviser and Broker)

 Daniel Bush                                   Tel: +44 (0)20 7408 4090

James O'Neill

 

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