11 January 2019
Northgate plc
Appointment of Non-Executive Director
Northgate plc ("Northgate", the "Company" or the "Group"), today announces that Fernando Cogollos Ubeda has stated his intention to retire during 2019, from his role as General Manager of Northgate Spain, after nine years with the business. In line with the Company's succession plan, the Company announces that upon Fernando's retirement he will join the main Board of Northgate plc as a Non-Executive Director.
The search for Fernando's successor is underway and he will remain in his role until the successful candidate has been appointed and an appropriate handover period has been completed. Once this process has concluded, Fernando will be appointed to the Board as a non-independent Non-executive Director.
Andrew Page, Chairman commented: "I would like to thank Fernando for his hard work and commitment to our Spanish business over the last nine years, during which he has been instrumental in growing Northgate into Spain's leading provider of flexible rental vehicles.
We are delighted that the Group will continue to benefit from Fernando's exceptional knowledge and understanding of the vehicle rental market and are confident that he will be a valuable addition to the Northgate Board. Fernando's appointment, along with the recent addition of John Pattullo, adds further strength, depth and expertise to the Northgate Board."
There are no matters which require to be disclosed pursuant to Listing Rule 9.6.13.
MHP Communications |
020 3128 8100 / northgate@mhpc.com |
Andrew Jaques |
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Simon Hockridge Ollie Hoare |
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Notes to Editors:
Northgate plc is the leading light commercial vehicle hire business in the UK, Ireland and Spain by fleet size and has been operating in the sector since 1981.
Northgate's core business is the hire of light commercial vehicles to businesses on a flexible or term basis, giving customers the ability to manage their vehicle fleet requirements in a way which can adapt to changing business needs without the requirement to enter into a long-term commitment. Further information regarding Northgate plc can be found on the Company's website: www.northgateplc.com