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Board and Management Change

23 Feb 2018 14:01

RNS Number : 8219F
Inland Homes PLC
23 February 2018
 

23 February 2018

 

Inland Homes plc

("Inland Homes" or the "Company")

 

Board and Management Change

 

Inland Homes plc (AIM: INL), the leading brownfield regeneration specialist and housebuilder, announces that Paul Brett, the Group Land Director and a founding shareholder of Inland Homes, has decided to leave the Company to pursue his own interests.

 

He will step down from the Board with effect from 16 April 2018 but remain as a consultant to the Company, supporting, in particular, the ongoing planning application processes at its significant development opportunities at Wilton Park in Beaconsfield and Cheshunt Lakeside in Hertfordshire. Mr Brett's other responsibilities will be assumed by the current Senior Land Manager, Des Wicks, who has over 10 years' experience within the Group, in the newly created role outside the PLC Board of Director of Land.

 

In addition a search is underway to increase Non-Executive representation on the Board and further announcements will be made in due course.

 

Stephen Wicks, Chief Executive, commented:

 

"Paul has been influential in positioning Inland Homes as one of the South East's leading brownfield regeneration specialists and he leaves the business in an extremely healthy position, with a substantial land bank and a number of exciting development opportunities.

 

"On a personal level, it's been a pleasure to work alongside Paul for over 20 years and it has been a source of pride and admiration for me to see him become one of the most skilled and respected Land Directors in the industry. We wish him every success in his future endeavours."

 

 

Enquiries:

 

 

Inland Homes plc

Stephen Wicks, Chief Executive

Tel: +44 (0) 1494 762450

Nishith Malde, Finance Director

 

 

 

Stifel Nicolaus Europe Limited (Nominated Adviser):

Tel: +44 (0) 20 7710 7600

David Arch

 

 

 

FTI Consulting:

Tel: +44 (0) 20 3727 1000

Dido Laurimore

 

Claire Turvey

Richard Gotla

 

Methuselah Tanyanyiwa

 

 

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