REG - TheWorks.co.uk PLC - Directorate Change

Works co ukAnnouncement

01/10/2024 07:15

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RNS Number : 3471G  TheWorks.co.uk PLC  01 October 2024

1 October 2024

TheWorks.co.uk plc

("The Works", the "Company" or the "Group")

Directorate change

John Goold and Mark Kirkland step down as Non-Executive Directors of The Works

TheWorks.co.uk plc, the family-friendly value retailer of arts, crafts, toys,
books and stationery, announces that John Goold and Mark Kirkland, both
Non-Independent Non-Executive Directors of The Works, have decided to step
down from the Board with effect from today.

John is Chief Executive Officer and Mark is Chief Financial Officer at Kelso
Group Holdings plc, which retains a 6.15% interest in The Works and remains a
supportive shareholder.

John Goold and Mark Kirkland said: "We joined The Works Board on a temporary
basis to provide additional guidance as the business underwent a period of
change. Since then, significant progress has been made, namely transferring
from the Main Market to AIM and strengthening the leadership team. We are
content to step down now, knowing that the company is on a path to growth and
with full confidence in the management team."

Steve Bellamy, Chair of The Works, said: "On behalf of the Board, I would like
to thank John and Mark for their contribution to The Works during this period
of transition and look forward to working with Kelso as an ongoing
shareholder."

 Enquiries:

 TheWorks.co.uk plc            via Sanctuary Counsel

 Gavin Peck       CEO

 Rosie Fordham CFO

 Singer Capital Markets (Nomad and Broker)             020 7496 3000

 Peter Steel

 Alaina Wong

 Jalini Kalaravy

 Sanctuary Counsel                                     0207 340 0395

 Ben Ullmann                                           theworks@sanctuarycounsel.com (mailto:theworks@sanctuarycounsel.com)

 Rachel Miller

 Kitty Ryder

 

 

 

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