13th Sep 2007 07:01
Speedy Hire PLC13 September 2007 13 September 2007 Speedy Hire Plc ("Speedy Hire" "Speedy" or "the Group") BOARD CHANGE The Board of Speedy Hire Plc announces that its Finance Director, Neil O'Brien,has informed the Board of his intention to leave the Group after eight years ofsterling service, in order to pursue other opportunities. To facilitate a smooth transition of responsibilities, Neil has agreed to remainin his role and as a member of the Speedy Hire Board until the publication ofthe Group's results for the year ending 31 March 2008, unless a successor isfound before this time. The external search for a new Finance Director will nowcommence and a further announcement will be made in due course. Chairman of Speedy Hire Plc, David Wallis, commented: "On behalf of Board I would like to thank Neil for his long standingcontribution to the Group. Neil joined us as Finance Director in June 1999 andhas played a significant role in building Speedy into the market leadingbusiness that it is today. Neil's intention to remain with the Company until his successor is appointed, toensure a smooth transition, is typical of his commitment and we wish him verywell in the future. I am pleased to report that the integration of Hewden Tools is progressing welland that Speedy continues to trade well and in line with market expectations. Amore detailed update will be included in the pre-close trading statement to beissued on 27 September 2007." www.speedyhire.plc.uk Speedy Hire Plc Hudson SandlerDavid Wallis, Chairman Nick Lyon Wendy Baker Kate HoughTel: 01942 720 000 Tel: 020 7796 4133 Notes to editors: Speedy is the UK's No.1 provider of tools and equipment for hire. The Companyoperates from over 500 depots throughout the UK. The Group also operates in theRepublic of Ireland. The Group's activities are the provision for hire of small tools, portableaccommodation, compressed air, pumps, lifting, material handling, survey andmeasurement instrumentation and power generation equipment. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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