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163.20    -1.90 (-1.15%)
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Spread: 0.20 (0.122%)
Market Cap: £1.21b
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Update on Management

19 May 2009 11:00

RNS Number : 4871S
Grainger PLC
19 May 2009
 



19 May 2009

Grainger plc

UPDATE ON MANAGEMENT

The board of Grainger plc ("Grainger" or the "Company"), the UK's largest quoted residential property owner, announces today that due to ill health Rupert Dickinson, the Company's Chief Executivewill be taking medical leave of absence from the business for the immediate future.

Accordingly, the board has appointed Andrew Cunningham, Grainger's Deputy Chief Executive and Finance Director, as Acting Chief Executive, supported by his colleagues on the Company's executive board.

Robin Broadhurst, Grainger's Chairman, said:

"We would all like to wish Rupert a speedy recovery."

For further information:

Grainger plc

Financial Dynamics

Andrew Cunningham 

Tel: +44 (0) 20 795 4700

Stephanie Highett

Tel: +44 (0) 20 7831 3113

Dave Butler

Tel: +44 (0) 20 795 4700

Dido Laurimore

Tel: +44 (0) 20 7831 3113

This information is provided by RNS
The company news service from the London Stock Exchange
 
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