REG - W.H. Ireland Group - Board Changes

WH IrelandAnnouncement

31/03/2022 07:16

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RNS Number : 6732G  W.H. Ireland Group PLC  31 March 2022

 

WH Ireland Group Plc

("WH Ireland" or the "Company")

Board Changes

WH Ireland (AIM:WHI) announces that Philip Shelley will retire as a
Non-Executive Chairman and director of the Company with effect from 25 April
2022.

 

Philip Shelley has advised the Board that after nearly three years at WH
Ireland, and leaving the Company in a strong and stable position, he would
like to focus on developing his other business interests which have reached a
significant point of scale. He leaves the business under the stewardship of
Phillip Wale as CEO and a strong senior management team following the new
appointments of Simon Jackson, as CFO; Michael Bishop, as new head of Wealth
Management and Fraser Marshall, as the head of Capital Markets.

 

Commenting, Philip Shelley stated "It has been a pleasure to Chair the Group
and to contribute to its turnaround and transformation. During this time, we
have achieved stability and improved performance, developed a focused growth
strategy and appointed an experienced and strengthened Board and senior
executive team capable of implementing it."

 

Commenting, Phillip Wale, Chief Executive Officer, said "I would like to thank
Phil on behalf of the Board for his help and guidance to myself and the
executive team. His focus and energy has assisted us to materially advance the
turnaround of WH Ireland and ensure a clear focus on its core strengths. He
has been an excellent Chair and we wish him every success in his continuing
portfolio career."

 

As a result of this change, the Board is pleased to announce that Simon Lough
who has served as a Non-Executive Director of the Company since 2019 has
agreed to assume the duties of acting Non-Executive Chairman (a position which
is subject to the approval of the FCA) with immediate effect.

 

For further information, contact:

 

 WH Ireland Group plc                   www.whirelandplc.com (http://www.whirelandplc.com/)
 Phillip Wale, Chief Executive Officer  +44(0) 20 7220 1666

 Canaccord Genuity Limited              www.canaccordgenuity.com (http://www.canaccordgenuity.com/)
 Andrew Potts / Tom Diehl               +44(0) 20 3368 3555

 MHP Communications                     whireland@mhpc.com (mailto:whireland@mhpc.com)
 Reg Hoare / James Bavister             +44 (0) 20 3128 8793

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the
Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication
of this announcement, this information is now considered to be in the public
domain.

 

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