13 Nov 2020 15:25
13 November 2020
Aston Martin Lagonda Global Holdings plc ("Aston Martin" or the "Company")
Board Change
In anticipation of the transactions recently announced by the Company which will, once completed, reduce the shareholding of the Adeem/Primewagon shareholder group (the "Adeem/PW Group") to below 10% of the Company's share capital, the Company announces that in accordance with the Relationship Agreement between the Adeem/PW Group and the Company Mr Mahmoud Samy Mohamed Aly El Sayed, a representative director of the Adeem/PW Group, has elected to step down from the Board with effect from 12 November 2020. Mr. El Sayed has served as a Director of the Company since 7 September 2018 and has been a director within the Group since March 2007. In accordance with the Relationship Agreement the remaining board seat for the Adeem/PW Group shall continue to be held by Mr Amr Ali Abdallah AbouelSeoud.
The Company thanks Mr. El Sayed for his many years of service and support to the Aston Martin group and wishes him well for the future.
Enquiries
Investors and Analysts
Charlotte Cowley Director of Investor Relations +44 (0)7771 976764 charlotte.cowley@astonmartin.com
Media
Kevin Watters Director of Communications +44 (0)7764 386683 kevin.watters@astonmartin.com
Grace Barnie Corporate Communication Manager +44 (0)7880 903490 grace.barnie@astonmartin.com
Tulchan Communications
Harry Cameron and Simon Pilkington +44 (0)20 73534200
Aston Martin Lagonda (AML)