Directorate Change

RNS Number : 9551T

Brighton Pier Group PLC (The)

26 March 2019

 

26 March 2019

The Brighton Pier Group PLC

("Brighton Pier Group", the "Company" of the "Group")

Directorate change

Brighton Pier Group announces that Leigh Nicolson, managing director of the Bars division (Eclectic Bars), has resigned and stands down from the Board. He will leave the Company on the 31 March 2019.

As reported in the Company's Final Results on 28 September 2018, the Brighton Pier Group has continued to rationalise its bars portfolio. Since his appointment to the Board, Leigh has led this process, successfully disposing of non-profitable or marginal sites, reducing the trading estate to eleven profitable venues. In view of this reduced scale, Leigh will be handing over the management of the Bars division to Anne Ackord, CEO of the Brighton Pier Group; who will take over direct management responsibility for the Bars division going forward.

Anne Ackord, Chief Executive Officer, commented:

"The board would like to thank Leigh for his commitment and drive over the last thirteen years in particular his contribution to the launch of the Lola Lo, Embargo 59, Smash and 'Le Fez' brands. We wish him every success for the future."

Enquiries:
The Brighton Pier Group	Tel: [phone]
Luke Johnson, Chairman	Tel: [phone]
Anne Ackord, Chief Executive Officer	Tel: [phone]
John Smith, Chief Financial Officer	Tel: [phone]
Panmure Gordon (UK) Limited (Nominated Adviser and Joint Broker)	Tel: [phone]
Corporate Finance
Atholl Tweedie
Corporate Broking
Charles Leigh-Pemberton
Arden Partners plc (Joint Broker)	Tel: [phone]
Corporate Finance
John Llewellyn-Lloyd / Benjamin Cryer
Investor Relations
Sarah-Jane Woodcock / Charlotte Ridler

 

END

 

 

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