REG - Wilmington PLC - New group structure and operating model
RNS Number : 3932BWilmington PLC10 June 202110 June 2021
Wilmington plc
('Wilmington', 'the Group' or 'the Company')
New group structure and operating model
Wilmington plc, the provider of data, information, training and education services, is pleased to announce a new group structure and operating model.
Following a Board-led strategic review accompanied by a detailed three-year planning exercise, the Board has determined that Wilmington will focus on governance, risk and compliance ("GRC") and Regulatory Compliance and will structure and report its business as two strategic divisions: Information and Data, and Training and Education. The Group's management and operating model will be structured around these two areas from the beginning of the new financial year in July. A presentation describing the new focus and core purpose - "Helping our customers to do the right business in the right way" - can be found on the Group's website at wilmingtonplc.com/investors/reports-and-presentations. The Group's website will be updated for the new structure in coming weeks.
Mark Milner, Chief Executive Officer, commented:
"I am delighted to announce our new structure and operating model to support our increased focus on our core purpose of helping our customers to do the right business in the right way. We operate in large GRC and Regulatory Compliance markets with strong growth characteristics, and this new divisional structure will allow us to concentrate our resources to deliver a unique and powerful combination of Information and Data, and Training and Education solutions to our global customer base."
For further information, please contact:
Wilmington plc
Mark Milner, Chief Executive Officer
Guy Millward, Chief Financial Officer
020 7490 0049
Notes to Editors
Wilmington plc is the recognised knowledge leader and partner of choice for data, information, training and education in global Governance Risk and Compliance markets. Wilmington employs close to 1,000 people and sells to around 120 countries. Wilmington is listed on the main market of the London Stock Exchange.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDUPDSSEFMUEFSEDM
Recent news on Wilmington
See all newsREG - Wilmington PLC - APM sold for EUR 26 million
AnnouncementREG - Wilmington PLC - SAYE and Director/PDMR Shareholding
AnnouncementREG - Wilmington PLC - Half-year Report
AnnouncementREG - Wilmington PLC - Board Changes
AnnouncementREG - Wilmington PLC - MiExact sold for £9.6 million
Announcement