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26 Mar 2019 07:05
26 March 2019
The Brighton Pier Group PLC
("Brighton Pier Group", the "Company" of the "Group")
Directorate change
Brighton Pier Group announces that Leigh Nicolson, managing director of the Bars division (Eclectic Bars), has resigned and stands down from the Board. He will leave the Company on the 31 March 2019.
As reported in the Company's Final Results on 28 September 2018, the Brighton Pier Group has continued to rationalise its bars portfolio. Since his appointment to the Board, Leigh has led this process, successfully disposing of non-profitable or marginal sites, reducing the trading estate to eleven profitable venues. In view of this reduced scale, Leigh will be handing over the management of the Bars division to Anne Ackord, CEO of the Brighton Pier Group; who will take over direct management responsibility for the Bars division going forward.
Anne Ackord, Chief Executive Officer, commented:
"The board would like to thank Leigh for his commitment and drive over the last thirteen years in particular his contribution to the launch of the Lola Lo, Embargo 59, Smash and 'Le Fez' brands. We wish him every success for the future."
Enquiries:
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The Brighton Pier Group | Tel: 020 7376 6300 |
Luke Johnson, Chairman | Tel: 020 7016 0700 |
Anne Ackord, Chief Executive Officer | Tel: 01273 609361 |
John Smith, Chief Financial Officer | Tel: 020 7376 6300 |
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Panmure Gordon (UK) Limited (Nominated Adviser and Joint Broker) | Tel: 020 7886 2500 |
Corporate Finance |
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Atholl Tweedie |
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Corporate Broking |
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Charles Leigh-Pemberton |
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Arden Partners plc (Joint Broker) | Tel: 020 7614 5900 |
Corporate Finance |
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John Llewellyn-Lloyd / Benjamin Cryer |
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Investor Relations |
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Sarah-Jane Woodcock / Charlotte Ridler |
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