Directorate Change

RNS Number : 7409H

Pets At Home Group Plc

26 March 2020

 

FOR IMMEDIATE RELEASE, 26 March 2020

Pets at Home Group Plc: Directorate Change  

Pets at Home Group Plc, the UK's leading Pet Care Business, today announces that Paul Moody, Independent Non-Executive Director, will step down from the Board at the conclusion of the Company's annual general meeting (AGM) on 9 July 2020. Paul was appointed to the Board in 2014 and has been a member of the Audit and Risk, Remuneration, Nomination and Corporate Governance, Corporate Social Responsibility and Pets Come First committees. He is currently Chair of the Remuneration Committee.

Sharon Flood will succeed Paul as Chair of the Remuneration Committee. Sharon is an Independent Non-Executive Director of Pets at Home and was appointed to the Board in 2017. She is currently Chair of the Audit and Risk Committee and member of the Nomination and Corporate Governance, Remuneration, Corporate Social Responsibility and Pets Come First Committees.

The search for a new Chair of the Audit and Risk Committee is currently underway.

Tony DeNunzio, Chairman of Pets at Home, commented :

I would like to thank Paul for his wise counsel, excellent contribution to the Board and his leadership of the Remuneration Committee over the last six years. He has been a highly valued member of the Board. I wish him continued success in his other commitments. I am delighted that Sharon Flood has been appointed to the Chair of the Remuneration Committee and that we continue to benefit from her extensive Retail and Plc experience.

On 7 February 2020 we announced that, after an extensive search process, Ian Burke would be appointed as successor to outgoing Non-Executive Chairman Tony DeNunzio, and that Tony would stay in his current role in order to ensure an orderly handover to Ian who would assume his position at the start of the new financial year. Given the unprecedented environment that we are currently operating in, the Board has agreed to extend the transition period between Tony and Ian by a further eight weeks, with Ian joining the board on 26 March 2020 as Chairman Designate and succeeding Tony as Chairman on 21 May 2020.

This disclosure is given in accordance with Listing Rule 9.6.11.

Investor Relations Enquiries

Pets at Home Group Plc:

Roger Tejwani, Director of Investor Relations & External Communications

[phone] 

Jonny Armstrong, Head of Investor Relations

[phone]

Media Enquiries

Pets at Home Group Plc:

Gillian Hammond, Head of Media & Public Affairs

[phone]

Maitland:

Clinton Manning

[phone]

Joanna Davidson

[phone]

About Pets at Home

Pets at Home Group Plc is the UK's leading pet care business; our commitment is to make sure pets and their owners get the very best advice, products and care. Pet products are available online or from our 453 stores, many of which also have vet practices and grooming salons. Pets at Home also operates a UK leading small animal veterinary business, with 440 First Opinion practices located both in our stores and in standalone locations, as well as four Specialist Referral centres. For more information visit: http://investors.petsathome.com/

Disclaimer

This trading statement does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Pets at Home Group Plc shares or other securities nor should it form the basis of or be relied on in connection with any contract or commitment whatsoever. It does not constitute a recommendation regarding any securities. Past performance, including the price at which the Company's securities have been bought or sold in the past, is no guide to future performance and persons needing advice should consult an independent financial adviser.

Certain statements in this trading statement constitute forward-looking statements. Any statement in this document that is not a statement of historical fact including, without limitation, those regarding the Company's future plans and expectations, operations, financial performance, financial condition and business is a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. These and other factors could adversely affect the outcome and financial effects of the plans and events described in this statement. As a result you are cautioned not to place reliance on such forward-looking statements. Nothing in this statement should be construed as a profit forecast.

 

 

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