Appointment of Chief Financial Officer

RNS Number : 9683H

Harworth Group PLC

06 August 2019

 

LEI 213800R8JSSGK2KPFG21

6 August 2019

Harworth Group plc

Appointment of Chief Financial Officer

Harworth Group plc ("Harworth" or the "Company"), a leading regenerator of land and property for development and investment, is pleased to announce the appointment of Katerina (Kitty) Patmore as its new Chief Financial Officer and Executive Director of the Company with effect from 1 October 2019.  

Kitty joins Harworth from Harwood Real Estate ("Harwood"), the property arm of Harwood Capital Group, where she has been a Director since 2016.  Kitty has a strong capital markets background, with 14 years of finance, banking and real estate lending experience drawn from roles at Harwood, DRC Capital and Barclays Bank PLC.  She was also formerly a National Director of the Investment Property Forum.

There are no additional matters that require disclosure under Listing Rule 9.6.13R. 

Jenny Cutler will continue to act as Interim Finance Director until Kitty takes up her new position.

Owen Michaelson, Chief Executive of Harworth Group, said:

"We are delighted to welcome Kitty to the Board following a rigorous recruitment process.  She brings a wealth of real estate expertise and capital markets knowledge and will be an extremely strong addition to our senior team.  Kitty's skills and experience will be invaluable in supporting our ongoing growth ambitions and the continued delivery of market-leading returns."

Kitty Patmore, Chief Financial Officer designate, added:

"I am very excited to be joining Harworth, given the company's long-term track record of success in realising excellent returns, whilst remaining true to its principles of planning and delivering high-quality regeneration schemes. I look forward to making a significant contribution to the Company's future success."

-ENDS-

Enquiries:

Harworth Group plc Owen Michaelson, Chief Executive Iain Thomson, Head of Communications & IR	T: 0114 349 3160 E: [e-mail]
FTI Consulting Dido Laurimore                                                   Richard Gotla Eve Kirmatzis	T: 020 3727 1000 E: [e-mail]

NOTES TO EDITORS

About Harworth Group

Listed on the premium segment of the main market, Harworth Group plc (LSE: HWG) is a leading regenerator of land and property for development and investment which owns, develops and manages a portfolio of approximately 21,000 acres of land on around 120 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential developments and employment areas (harworthgroup.com).

 

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