Directorate Change

HML Holdings plc

("HML", the "Company" or the "Group")

Directorate Change

HML Holdings plc (AIM: HMLH), a leading provider of property management, insurance and ancillary services to residential property blocks, advises that Robert Plumb has notified the Company of his decision to retire at the end of this calendar year. The Board is pleased to confirm the appointment of Alec Guthrie as Chief Executive Officer with effect from 1 January 2020. Alec, who has over 30 years' experience in residential property management, has been the Group's Chief Operating Officer since September 2017.

Commenting, Richard Smith, Chairman of HML, said: "The Board is pleased to confirm Alec's appointment while expressing our appreciation for Rob's contribution to the Group over the last 14 years. The Board are also pleased to have in place this succession plan that we know will ensure an orderly hand over of responsibility ahead of Rob's retirement. Rob and Alec have been working together for over five years and we have every confidence that Alec's appointment will facilitate the ongoing successful growth of our business."

For further information, please contact:

www.hmlgroup.com 

HML Holdings plc Tel: 020 8439 8529

Richard Smith, Chairman

Robert Plumb, Chief Executive Officer

Alec Guthrie, Chief Operating Officer

James Howgego, Finance Director

finnCap Tel: 020 7220 0500

Ed Frisby / Giles Rolls - corporate finance

Camille Gochez / Tim Harper - ECM

Tavistock Communications Group Tel: 020 7920 3150

James Verstringhe / Jeremy Carey