4 Nov 2021 07:00
4 November 2021
The City Pub Group plc
("City Pub Group", the "Group" or the "Company")
Board Changes
Tarquin Williams has been the Chief Financial Officer of City Pub Group since 2015. During that time, he has been pivotal in helping merge together City Pub West and East prior to listing on AIM, played a key role in helping the Group raise £22 million of new equity last March at the start of the COVID pandemic, and has worked hard to help the Group through its most difficult period so that it not only survived but emerged well positioned. Tarquin will stand down as Chief Financial Officer on 29 November to have a career break and then seek new challenges.
The Board wishes to place on record its gratitude and appreciation to Tarquin for the significant role he has played in the Company's growth and development and wishes him all the best for the future.
The Board of City Pub Group is pleased to announce the appointment of Holly Elliott to the Board as Chief Financial Officer of the Company, with effect from 29 November 2021.
Holly joins from Honest Burgers where she was interim CFO. Before that, Holly was CFO of Five Guys, the fast-food chain operating in the UK, France Spain and Germany, for four years, and previously spent 12 years at Caffe Nero in a number of roles including Finance Director. To ensure a smooth transition to Holly, Tarquin has agreed a 3-month handover.
Clive Watson, Executive Chairman of City Pub Group, said:
''I, personally, would like to thank Tarquin for his hard work over the last 6 years. The Group is in a much stronger place than when he first arrived, he has been great to work with and he can take great pride in growing City Pub to what it is today.
We welcome Holly to the business and Board and look forward to working with her on the next stage of our journey and development."
The following disclosures in relation to the appointment of Holly Dominique Elliott, aged 49, are required pursuant to Schedule 2(g) of the AIM Rules for Companies.
Previous directorships and partnerships (held in the past five years):
Five Guys Europe Holdings LimitedFive Guys Europe LimitedFive Guys Germany GmbHFive Guys JV LimitedFive Guys Spain SL
Holly currently owns 3,747 ordinary shares of 1 penny each in the capital of the Company.
Enquiries:
The City Pub GroupClive Watson, Executive Chairman |
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Instinctif PartnersMatthew Smallwood | +44 (0)20 7457 2005 |
Liberum (Nomad & Joint Broker)Chris ClarkeEdward ThomasKane Collings | +44 (0)20 3100 2222 |
Peel Hunt (Joint Broker)George SellarAndrew ClarkWill Bell | +44 (0)20 3128 8789 |