New group structure and operating model

RNS Number : 3932B

Wilmington PLC

10 June 2021

 

10 June 2021

Wilmington plc

('Wilmington', 'the Group' or 'the Company')

New group structure and operating model

Wilmington plc, the provider of data, information, training and education services, is pleased to announce a new group structure and operating model.

Following a Board-led strategic review accompanied by a detailed three-year planning exercise, the Board has determined that Wilmington will focus on governance, risk and compliance ("GRC") and Regulatory Compliance and will structure and report its business as two strategic divisions: Information and Data, and Training and Education.  The Group's management and operating model will be structured around these two areas from the beginning of the new financial year in July.  A presentation describing the new focus and core purpose - "Helping our customers to do the right business in the right way" - can be found on the Group's website at wilmingtonplc.com/investors/reports-and-presentations.  The Group's website will be updated for the new structure in coming weeks.

Mark Milner, Chief Executive Officer, commented:

"I am delighted to announce our new structure and operating model to support our increased focus on our core purpose of helping our customers to do the right business in the right way.  We operate in large GRC and Regulatory Compliance markets with strong growth characteristics, and this new divisional structure will allow us to concentrate our resources to deliver a unique and powerful combination of Information and Data, and Training and Education solutions to our global customer base."

For further information, please contact: Wilmington plc  Mark Milner, Chief Executive Officer Guy Millward, Chief Financial Officer

020 7490 0049

Notes to Editors

Wilmington plc is the recognised knowledge leader and partner of choice for data, information, training and education in global Governance Risk and Compliance markets. Wilmington employs close to 1,000 people and sells to around 120 countries. Wilmington is listed on the main market of the London Stock Exchange.

 

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