19th Sep 2014 11:00
19 September 2014
Directorate Change
Poundland, Europe's biggest single price discount retailer, today announces the resignation of Trevor Bond as a non-executive Director of the Company.
Trevor recently took on a new executive position at Johnson & Johnson as Company Group Chairman, EMEA for the Johnson & Johnson Family of Consumer Companies and his resignation from Poundland's board is to enable him to concentrate on this new role.
Darren Shapland, Poundland's Chairman, said: "Trevor has been a member of the Board for nearly seven months during which he helped us with the IPO and has chaired the Audit and Risk Committee. He leaves with the appreciation and thanks of the whole company and we wish him well in his new executive role. Recruitment consultants have been instructed to search for a replacement and I am confident we will appoint a similarly high calibre individual to our board shortly."
Trevor Bond said: "It's been a great privilege to have been a director at Poundland in what has been a pivotal year for the Company which included a successful IPO and the expansion into continental Europe. I wish the company every success in the future."
For further information please contact:
Poundland Group plc |
|
Darren Shapland, Chairman |
|
Philip Dorgan, Head of Investor Relations | +44 (0) 121 568 7000 |
Citigate Dewe Rogerson |
|
Simon Rigby | +44 (0) 207 282 2847 |
Angharad Couch | +44 (0) 207 282 2941 |
About Poundland
About Poundland
Poundland plc joined the premium segment of the London Stock Market in March 2014.
Poundland is Europe's largest single price value general merchandise retailer and winner of the 2014 Grocer Awards for Variety Discount Retailer of the Year. Over 500 stores have been opened in the UK, the Republic of Ireland and Spain since 1990. In the Republic of Ireland and Spain, Poundland trades under the Dealz brand. Poundland sells quality top brands and own brand products all for the single price point of £1, providing customers with amazing value every day.
Serving an average of 5 million customers every week Poundland offers an irresistible shopping experience where shoppers are guaranteed to find approximately 3,000 quality products per store and over 1,000 well-known brands, across 17 shopping categories including food and drink, health and beauty, household, gardening, DIY, Pet, Stationery, Books, DVDs and Toys.
For more information about Poundland, please visit:
www.poundland.co.uk
www.Facebook.com/Poundland
www.twitter.com/poundland
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