Appointment of Chief Financial Officer

RNS Number : 7267M

M Winkworth Plc

17 October 2016

 

17th October 2016

M Winkworth plc

Appointment of Chief Financial Officer

M Winkworth plc ("Winkworth" or the "Company"), the leading franchisor of real estate agencies, is pleased to announce the appointment of Andrew Nicol as Chief Financial Officer and member of the Board, effective as of 17th October 2016.

Having qualified as a chartered accountant with KPMG Peat Marwick, Andrew has worked in both the corporate sector and in consultancy, notably with The Boston Consultancy Group and most recently Oxera Consulting. At Winkworth, Andrew will be responsible not only for the Company's financial reporting but also for helping to further evolve the Winkworth platform and infrastructure.

Dominic Agace, Chief Executive Officer of the Company commented: "We are delighted to welcome Andrew to the Company at a time when the market place presents considerable opportunities. His experience of both working in finance at a senior level and of structuring deals will mark a new step for Winkworth as we build on the leading market position that we have already achieved."

The following details in relation to the appointment of Mr Nicol are disclosed in accordance with Rule 17 and Schedule 2(g) of the AIM Rules:

Current Directorships:

AJC Insights Limited

Flatibo West Limited

Previous Directorships (held in past 5 years):

Oxera Consulting LLP

Shareholding:

Mr Nicol holds no shares or other financial instruments in the Company.

For further information please contact:

M Winkworth PLC                                                                                           Tel : [phone]

Dominic Agace (Chief Executive Officer)

Milbourne (Financial PR)                                                                             Tel : [phone]

Tim Draper

Stockdale Securities Limited (NOMAD and Broker)                         Tel: [phone]

Robert Finlay / Ed Thomas

About Winkworth

Established in Mayfair in 1835, Winkworth is a leading franchisor of residential real estate agencies with a pre-eminent position in the mid to upper segments of the sales and lettings markets. The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers.

Winkworth is admitted to trading on the AIM Market of the London Stock Exchange.

For further information please visit: www.winkworthplc.com

 

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