Board and Management Change

RNS Number : 8219F

Inland Homes PLC

23 February 2018

 

23 February 2018

Inland Homes plc

("Inland Homes" or the "Company")

Board and Management Change

Inland Homes plc (AIM: INL), the leading brownfield regeneration specialist and housebuilder, announces that Paul Brett, the Group Land Director and a founding shareholder of Inland Homes, has decided to leave the Company to pursue his own interests.  

He will step down from the Board with effect from 16 April 2018 but remain as a consultant to the Company, supporting, in particular, the ongoing planning application processes at its significant development opportunities at Wilton Park in Beaconsfield and Cheshunt Lakeside in Hertfordshire. Mr Brett's other responsibilities will be assumed by the current Senior Land Manager, Des Wicks, who has over 10 years' experience within the Group, in the newly created role outside the PLC Board of Director of Land.

In addition a search is underway to increase Non-Executive representation on the Board and further announcements will be made in due course.

Stephen Wicks, Chief Executive, commented:

"Paul has been influential in positioning Inland Homes as one of the South East's leading brownfield regeneration specialists and he leaves the business in an extremely healthy position, with a substantial land bank and a number of exciting development opportunities.

"On a personal level, it's been a pleasure to work alongside Paul for over 20 years and it has been a source of pride and admiration for me to see him become one of the most skilled and respected Land Directors in the industry. We wish him every success in his future endeavours."

Enquiries:

Inland Homes plc Stephen Wicks, Chief Executive	Tel: [phone]
Nishith Malde, Finance Director
Stifel Nicolaus Europe Limited (Nominated Adviser):	Tel: [phone]
David Arch
FTI Consulting:	Tel: [phone]
Dido Laurimore
Claire Turvey Richard Gotla
Methuselah Tanyanyiwa

 

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