11th Dec 2009 10:51
Finance Director Appointment / Trading Update
No: 660
Pendragon PLC (the "Company") today announces that Tim Holden has been appointed to the Board as Finance Director. Tim replaces David Forsyth, who leaves the Group, after 12 years on the Board as Finance Director, to pursue other interests. Tim, who worked with KPMG prior to joining the Group as Financial Controller, has worked closely with David over the last eighteen months, ensuring a smooth handover of responsibility.
Trevor Finn said: "I would like to thank David for his commitment and endeavour during his period with the Group and wish him all the best for his future plans."
Turning to current performance, since the Interim Management Statement, issued on 17 November 2009, trading has continued to be in line with expectations and has reinforced the Company's view that this year's results will be in line with our current expectations and ahead of our original plan for the year.
11 December 2009
Enquiries:
|
Pendragon PLC |
Trevor Finn, Chief Executive |
Tel: |
01623 725114 |
|
Finsbury |
Rollo Head/Gordon Simpson |
Tel: |
0207 2513801 |
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