05 October 2021
Redrow plc
Directorate Change
Redrow plc (the "Company") today announces that Sir Michael Lyons, Non-Executive Director, will retire from the Board following the close of the Annual General Meeting of the Company on 12 November 2021 (the "AGM") to concentrate on other responsibilities and opportunities.
Following the close of the AGM, Richard Akers will become Chairman of the Placemaking and Sustainability Committee on an interim basis.
In accordance with Section 430 (2B) of the Companies Act 2006, the Company confirms that no payments will be made to Sir Michael as a result of his retirement from the Board. Sir Michael will continue to receive his fees as usual, in line with his contractual terms, until he steps down from the Board on 12 November 2021.
Richard Akers, Chairman, said:
"On behalf of the Board, I would like to thank Sir Michael for his valuable contribution during his tenure, particularly in respect of his chairmanship of the Placemaking and Sustainability Committee."
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Redrow plc Richard Akers, Chairman Graham Cope, Company Secretary
Instinctif Partners Tim Linacre, Chief Executive Bryn Woodward, Associate Partner
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01244 520044 01244 520044
0207 457 2020 07949 939237 0207 457 2045 |
LEI Number:
2138008WJZBBA7EYEL28
Announcement Classification:
3.1: Additional regulated information required to be disclosed under the laws of a Member State
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