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Directorate Change

1 Mar 2017 07:00

RNS Number : 1164Y
Low & Bonar PLC
01 March 2017
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1 March 2017

Low & Bonar PLC

Board Change

The Board of Low & Bonar announces that it has mutually and amicably agreed with Mike Holt, Chief Financial Officer, that he will step down from the Board and leave the Company once a successor is appointed. A search is underway and an announcement will be made in due course. Mike has agreed to remain with the Group to assist in an orderly handover period and ensure a smooth transition is achieved.

Martin Flower, Chairman of Low & Bonar, commented:

"On behalf of the Board, we would like to express our thanks to Mike for his contribution to the business since his appointment in 2010. He has played a pivotal role in the restructuring of the Group and helped to strengthen the platform for future growth. We wish him well for all of his future endeavours."

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For further information, please contact:

Low & Bonar PLC

020 7535 3180

Brett Simpson, Group Chief Executive

Mike Holt, Chief Financial Officer

Instinctif Partners

020 7457 2020

Matthew Smallwood

Helen Tarbet

Rosie Driscoll

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