Reach Plc Regulatory News (RCH)

21 December 2022

Reach plc

(the "Company")

Board Changes

The Board of Reach plc is pleased to announce the appointment of Denise Jagger as a Non-Executive Director of the Company, with effect from 31 December 2022. Denise will be a member of the Audit & Risk, Nomination, Remuneration and Sustainability Committees, and will take on the role as Senior Independent Director from Helen Stevenson.

Helen Stevenson and David Kelly will step down as Non-Executive Directors of the Company with effect from 31 December 2022, following nine and eight years of tenure respectively. Priya Guha will become Sustainability Committee Chair with effect from 31 December 2022. 

Denise brings to the Board extensive plc experience, and currently serves on the boards of CLS Holdings Plc and Pool Reinsurance Company Ltd, and until December 2022, Bellway plc. She is also a Trustee of National Trust and Chair of University of York. Her other previous Non-Executive Directorships include Redrow plc, SCS Upholstery plc, the British Olympic Association, and Scarborough Building Society. She also was a Director of Asda Stores and Group General Counsel and Company Secretary of Asda Walmart. Through these roles, she has acquired a broad range of M&A, finance raising, competition, regulation compliance, HR, remuneration and benefits experience. Denise started her career as a solicitor at Slaughter and May. She was also a partner at Addleshaw Goddard, and more recently at Eversheds Sutherlands LLP until 2020.

Nick Prettejohn, Chair of Reach plc, commented: "Denise's broad plc Board experience and varied perspectives will add real value to us. As we welcome Denise, we also thank David and Helen for their tremendous contributions to the Board."

Denise Jagger commented: "The importance of a healthy media industry couldn't be more clear right now and I am looking forward to joining the Reach plc Board and continuing their work in safeguarding the future of their newsbrands through continued digital transformation."

There is no further information to be disclosed pursuant to Listing Rule 9.6.13(1) - (6) of the Listing Rules of the UK Listing Authority.

Enquiries

LEI: 213800GNI5XF3XOATR61

Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State.