Crest Nicholson Regulatory News (CRST)

Crest Nicholson Holdings plc

 (the 'Group' or 'Crest Nicholson')

DIRECTORATE CHANGE

Crest Nicholson Holdings plc today announces that it has received notice from Duncan Cooper, Group Finance Director, that he will step down from the Board and the role of Group Finance Director to take up the role of Chief Financial Officer at another larger listed company.

Duncan joined the Group in 2019 and has been instrumental in the Group's transformation during that period. He has been a highly valued member of the Board throughout the last four years, and a strong and dynamic leader of our business.

Duncan will continue in the role until January 2024 to ensure a smooth completion of the Group's year end audit, and a transition to his replacement. The Board is commencing a process to appoint a successor.

Iain Ferguson, Chairman said:

"On behalf of the Board, I would like to thank Duncan for his significant contribution to Crest Nicholson over the last four years and we wish him every success in the next stage of his career."

Peter Truscott, Chief Executive, said:

"I would like to thank Duncan for his dedication, professionalism and contribution during his time with Crest Nicholson. Duncan has played a critical role in the development and transformation of the business and leaves the Group with our thanks and best wishes".

Duncan Cooper, Group Finance Director said:

"It has been a privilege to have worked at Crest Nicholson and I would like to thank all my colleagues in the business for the support they have given me. I wish Crest Nicholson every success for the future."

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11 July 2023