1 October 2024
TheWorks.co.uk plc
("The Works", the "Company" or the "Group")
Directorate change
John Goold and Mark Kirkland step down as Non-Executive Directors of The Works
TheWorks.co.uk plc, the family-friendly value retailer of arts, crafts, toys, books and stationery, announces that John Goold and Mark Kirkland, both Non-Independent Non-Executive Directors of The Works, have decided to step down from the Board with effect from today.
John is Chief Executive Officer and Mark is Chief Financial Officer at Kelso Group Holdings plc, which retains a 6.15% interest in The Works and remains a supportive shareholder.
John Goold and Mark Kirkland said: "We joined The Works Board on a temporary basis to provide additional guidance as the business underwent a period of change. Since then, significant progress has been made, namely transferring from the Main Market to AIM and strengthening the leadership team. We are content to step down now, knowing that the company is on a path to growth and with full confidence in the management team."
Steve Bellamy, Chair of The Works, said: "On behalf of the Board, I would like to thank John and Mark for their contribution to The Works during this period of transition and look forward to working with Kelso as an ongoing shareholder."
| Enquiries:
TheWorks.co.uk plc Gavin Peck CEO Rosie Fordham CFO
|
via Sanctuary Counsel | |
| Singer Capital Markets (Nomad and Broker) Peter Steel Alaina Wong Jalini Kalaravy
| 020 7496 3000 | |
| Sanctuary Counsel Ben Ullmann Rachel Miller Kitty Ryder
|
| 0207 340 0395 |
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