13th Aug 2014 12:30
13 August 2014
Annual General Meeting
Darty plc, a leading multi-channel electrical retailer, today announces that resolution number 12 at the forthcoming Annual General Meeting to be held on 11 September 2014, seeking the re-election of Eric Knight as a Director, has been withdrawn at Mr. Knight's request. Mr. Knight will step down from the Board immediately after the AGM.
Alan Parker Chairman of Darty plc commented,
"I would like to thank Eric for his support for our Nouvelle Confiance plan which is successfully turning around the business and his contribution to the Board over the past 18 months."
Eric Knight commented,
"I have enjoyed my time as a Board member and feel that the time is right to step down now that the restructuring is substantially complete. Knight Vinke remains a committed and supportive shareholder of Darty and I look forward to continuing to work with the Board with a view to maximising value for all shareholders".
ENDS
Enquiries
| Analysts:
| ||
| Darty plc | ||
Simon Ward | +44 (0) 20 7269 1400 | |
|
|
|
Press: |
|
|
| UKRLM Finsbury | ||
Rollo Head | +44 (0) 20 7251 3801 | |
Jenny Davey |
France
Le Public Système
Ségolène de Saint Martin +33 1 41 34 23 31 / +33 6 16 40 90 73
About Darty plc
Darty group is a leading multi-channel service led electrical retailer operating over 380 stores in five European countries and achieving over 13 per cent of its product sales on the web. It generated an annual turnover of over €3.5 billion in 2013/14 through operations in Darty France, Vanden Borre in Belgium, and BCC in the Netherlands . Its ordinary shares are listed with the UK Listing Authority and trade on the market for listed securities on the London Stock Exchange under the symbol DRTY.L. It is also listed on the NYSE Euronext Paris.
For further information, please visit the company's website, www.dartygroup.com.
Certain statements made in this announcement are forward looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future results in forward looking statements. Unless otherwise required by applicable laws, regulations or accounting standards, Darty plc does not undertake any obligation to update or revise any forward looking statements, whether as a result of new information, future developments or otherwise.
Related Shares:
DRTY.L