Topps Tiles Regulatory News (TPT)

Topps Tiles Plc

Board Change

Michael Jack to succeed Barry Bester as Chairman

The Board of Topps Tiles Plc (the "Group" or the "Company"), the UK's largest tile specialist, announces that Barry Bester has retired as Non-Executive Chairman of the Board, and as a Director of the Group with immediate effect. 

Barry is succeeded as Non-Executive Chairman by the Rt Hon Michael Jack, the company's senior Non-Executive Director who joined the Board in 1999. For 23 years, until May 2010, Michael served as a Member of Parliament. Prior to this he held management positions in Procter & Gamble, Marks and Spencer Group Plc and a subsidiary of Northern Foods. Currently he is an advisor to HSBC Bank and remains a Privy Councillor and Chair of the recently formed Office of Tax Simplification in the Treasury.

In addition the Board has made significant progress towards the appointment of further Non-Executive Directors and expects to be able to announce at least one new Directorship in the near future.

Michael Jack, commenting on his appointment said:

"Topps Tiles is a remarkable and robust company. For me to have been chosen by the Board to succeed Barry Bester as its Chairman is a very great honour. I know we have a strong management team and great staff and I am looking forward to working with them all so that, together, we can continue the development of the range of products and services which our customers want."

Barry Bester, commenting on his retirement said, "I have chosen to resign as Chairman of Topps Tiles after a wonderful 26 years with the business, as I have been spending an increasing amount of my time on my other private business interests. I offer my best wishes to my successor Michael Jack, with whom I have worked for many years."

There are no additional disclosures required to be made in accordance with the UKLA Listing Rules.

Enquiries:

Pelham Bell Pottinger 020 7861 3232

Emma Kent / Rosanne Perry / Duncan Mayall

Topps Tiles 0161 486 2400

Matthew Williams, Chief Executive Officer

Rob Parker, Finance Director