Last checked at 26 Feb 2024 07:00
AIM: WYN
Wynnstay Group Plc
("Wynnstay" or the "Company")
Board Update
The Board of Wynnstay, the agricultural supplies and specialist merchanting group, announces that Gareth Davies, CEO, has requested a leave of absence from the Company to focus on a serious family matter. This request has been granted and his period of leave starts with immediate effect.
At the same time, Steve Ellwood, Chairman, will step up to the role of Executive Chairman, effective today, and Rob Thomas, Group Finance Director, will be taking on additional responsibilities, supported by the senior management team.
A further update will be provided in due course.
Executive Chairman, Steve Ellwood, said,
"The Board is fully supportive of Gareth's request for a leave of absence in order to concentrate on a serious family matter. Wynnstay has a strong senior management team in place, which alongside the additional steps we have taken, will ensure that Gareth's period of leave is fully covered. We look forward to his return to the business in due course."
Enquiries:
Wynnstay Group Plc | Steve Ellwood, Executive Chairman Rob Thomas, Group Finance Director
| T: 01691 827 142
|
KTZ Communications | Katie Tzouliadis / Robert Morton
| T: 020 3178 6378 |
Shore Capital (Nomad and Broker) | Stephane Auton / Tom Knibbs / Rachel Goldstein (Corporate Advisory) Henry Willcocks (Corporate Broking) | T: 020 7408 4090 |