Kier Regulatory News (KIE)

19 September 2019

Kier Group plc

Board Change

Kier Group plc (the "Company") announces that its Chairman, Philip Cox, has informed the board of directors (the "Board") that he will retire as Chairman and step down from the Board once a successor has been appointed. The search process for Mr. Cox's successor has commenced.

Mr. Cox joined the Board on 1 July 2017 and became Chairman on 31 August 2017. He has overseen the recent appointment of a new management team and has decided that it would now be appropriate for the Company to appoint a new Chairman to work with the Board to deliver the strategic actions announced on 17 June 2019.

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This announcement contains inside information for the purposes of the Market Abuse Regulation (Regulation (EU) No. 596/2014). The person responsible for making this announcement on behalf of the Company is Hugh Raven, General Counsel and Company Secretary.

This announcement does not constitute an offer of securities by Kier Group plc (the "Company"). Nothing in this announcement is intended to be, or intended to be construed as, a profit forecast or a guide as to the performance, financial or otherwise, of the Company or any of its subsidiaries (together, the "Group") whether in the current or any future financial year. This announcement may include statements that are, or may be deemed to be, ''forward-looking statements''. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future and may be beyond the Company's or the Group's ability to control or predict. Forward-looking statements are not guarantees of future performance. You are advised to read the section headed ''Principal risks and uncertainties'' in the Company's Annual Report and Accounts for the year ended 30 June 2018 and the section of the Company's rights issue prospectus dated 30 November 2018 entitled "Risk factors" for a further discussion of the factors that could affect the Company's or the Group's future performance and the industry in which it operates. Other than in accordance with its legal or regulatory obligations, the Company does not accept any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.