18 Dec 2019 07:00
18 December 2019 |
WALKER GREENBANK PLC
("Walker Greenbank" or the "Company")
Directorate Changes
Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, announces that Mike Gant has resigned after almost six years with the Company and will today step down from his role as Chief Financial Officer in order to pursue other interests.
Michael Williamson, a highly experienced financial executive and consultant, will join the Company and Board with immediate effect in the role of Interim Chief Financial Officer.
Michael Williamson has a breadth of experience across a number of sectors, including both full time and interim roles as Chief Financial Officer at quoted and private businesses. For the past three years, he has been working on an interim and consultancy basis for quoted businesses, private equity firms and entrepreneurs.
The search for a permanent Chief Financial Officer has commenced and a further announcement will be made when appropriate.
Dianne Thompson, Walker Greenbank's Chairman, said:
"On behalf of the Board, I would like to thank Mike for his significant contribution to the Company and his hard work and dedication since joining almost six years ago. We wish him every success for the future. I would also like to welcome Michael to the Board in the role of Interim Chief Financial Officer."
The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Michael Frank Williamson (62 years of age) has been a director or partner of the following companies during the five years preceding the date of this announcement:
Current directorships | Past directorships |
MW Capital Ventures Limited The Brickwork Group Limited | AJSW Limited Buro Happold Limited |
Buro Happold Engineers Limited | |
Happold Consulting Limited | |
Happold LLP |
There is no further information to be disclosed pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.
For further information:
Walker Greenbank PLC | +44 (0) 1895 221068 |
Lisa Montague, Chief Executive Officer Caroline Geary, Company Secretary | |
Investec Bank plc (Nominated Adviser and Broker) | +44 (0) 20 7597 5970 |
David Anderson / Henry Reast / Alex Wright
| |
Buchanan | +44 (0) 20 7466 5000 |
Mark Court / Toto Berger / Charlotte Slater |
Notes for editors:
About Walker Greenbank
Walker Greenbank PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives significant licensing income from the use of its designs on a wide range of interior products such as bed linen, rugs and tableware.
Walker Greenbank's brands include Zoffany, Sanderson, Morris & Co, Harlequin, Scion and Clarke & Clarke.
The Company has a strong UK manufacturing base, comprising a wallpaper factory in Loughborough and a fabric printing factory in Lancaster. Both factories manufacture for the Company and for other wallpaper and fabric brands.
Walker Greenbank employs more than 650 people and its products are sold in more than 85 countries worldwide. It has showrooms in London, New York, Chicago, Paris and Dubai.
Walker Greenbank trades on the AIM market of the London Stock Exchange under the ticker symbol WGB.
For further information please visit: www.walkergreenbank.com