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Pin to quick picksBT Regulatory News (BT.A)

Share Price Information for BT (BT.A)

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Share Price: 108.95
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Change: 3.55 (3.37%)
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Open: 105.50
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Directorate Change

16 Oct 2023 11:23

RNS Number : 2536Q
BT Group PLC
16 October 2023
 

16 October 2023

 

BT Group plc Board

 

BT Group plc ("BT Group") hereby announces that following Adel Al-Saleh's appointment as CEO of Luxembourg-based satellite operator SES from February 2024, Adel has informed us that he will step down as a non-independent non-executive director of BT Group at the end of the year. 

Adel joined the Board in May 2020 as the nominated representative of Deutsche Telekom AG ("DT"), in accordance with the terms of the BT Group acquisition of EE Limited in 2016. DT is entitled to nominate one non-executive director for appointment to the Board for so long as the DT group holds 10 per cent or more of the issued share capital of BT Group.

We will announce Adel's replacement in due course. 

- Ends -

Enquiries

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Tel: +44 7947 711 959

Richard Farnsworth

Tel: +44 7734 776 317

Investor relations:

 

 

Mark Lidiard

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About BT Group

BT Group is the UK's leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.

BT Group consists of three customer-facing units: Business covers companies and public services in the UK and internationally; Consumer serves individuals and families in the UK; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers - over 650 communications providers across the UK.

British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.

For more information, visit www.bt.com/about

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