12th Nov 2013 09:42
Snoozebox Holdings Plc
Snoozebox Holdings plc, the leading provider of portable hotel accommodation and services, today announces, that, as part of the continuing strategy review and restructuring of the business, personnel reductions are being made to the Transport and Logistics Division to create a more variable cost structure. As a consequence, Gary Thomson, Chief Operating Officer has been made redundant and resigned from the Board. He will leave the Company with immediate effect. For the foreseeable future, these operations will report to Lorcán Ó Murchú, Finance Director.
Commenting on the announcement, David Morrison, Chairman, said:
"I would like to thank Gary for his efforts and support during the past year and particularly in recent months as we reviewed the business strategy and structure of the organisation".
12 November 2013
Panmure Gordon | 020 7886 2500 |
Corporate Finance:Fred WalshBen RobertsDuncan Monteith Corporate Broking:Adam PollockCharles Leigh-Pemberton | |
College Hill |
020 7457 2020 |
Matthew Smallwood | |
Justine Warren |
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