RNS Number : 3471G
TheWorks.co.uk PLC
01 October 2024
 

1 October 2024

TheWorks.co.uk plc

("The Works", the "Company" or the "Group")

Directorate change

John Goold and Mark Kirkland step down as Non-Executive Directors of The Works

TheWorks.co.uk plc, the family-friendly value retailer of arts, crafts, toys, books and stationery, announces that John Goold and Mark Kirkland, both Non-Independent Non-Executive Directors of The Works, have decided to step down from the Board with effect from today.

John is Chief Executive Officer and Mark is Chief Financial Officer at Kelso Group Holdings plc, which retains a 6.15% interest in The Works and remains a supportive shareholder.

John Goold and Mark Kirkland said: "We joined The Works Board on a temporary basis to provide additional guidance as the business underwent a period of change. Since then, significant progress has been made, namely transferring from the Main Market to AIM and strengthening the leadership team. We are content to step down now, knowing that the company is on a path to growth and with full confidence in the management team."

Steve Bellamy, Chair of The Works, said: "On behalf of the Board, I would like to thank John and Mark for their contribution to The Works during this period of transition and look forward to working with Kelso as an ongoing shareholder."

Enquiries:

 

TheWorks.co.uk plc

Gavin Peck       CEO

Rosie Fordham CFO

 

 

 

via Sanctuary Counsel


Singer Capital Markets (Nomad and Broker)

Peter Steel

Alaina Wong

Jalini Kalaravy

 

020 7496 3000

Sanctuary Counsel

Ben Ullmann

Rachel Miller

Kitty Ryder

 

 

 

0207 340 0395

theworks@sanctuarycounsel.com       

 

 

 

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