Company Announcements

7 March 2024 

CREIGHTONS plc ("Creightons" or the "Company")

                                                                                      Board Changes

and New Appointment                                                                             

Creightons plc (LSE: CRL), product developers, brand owners and manufacturers of personal care, beauty, and fragrance products, announces the following changes to the Board of directors, all of which take place with immediate effect.

Ms Philippa Clark has been appointed as Group Managing Director.  Pippa has been Global Sales and Marketing Director and a member of the Board since 2015. Pippa has been integral in driving the organic sales growth over the past 20 years, has an intimate knowledge of the business, its customers and the market in which it operates. Pippa has also been key in the ideation, development and launch to market of a number of the company's brands. This experience places her in a unique position to lead the business forward for the foreseeable future. Pippa will continue to be supported by Martin Stevens in his executive director role as Group Deputy Managing Director.

Mr William McIlroy is retiring from his executive roles as Chairman and CEO.  William will remain on the Board as a non-executive director, which enables the Company to utilise the experience he has gained over the past 24 years.

Mr Paul Forster, currently a non-executive director having retired from his Executive role as Finance Director in 2021, will take over as the non-executive Chair of the Board. Paul's knowledge of the business, the executive directors and senior team members will help the company navigate the changes needed to move the Group forward.

Mr Brian Geary has joined the board as a non-executive director. Brian has a wide experience in business and as an investor in small, quoted businesses to include Creightons plc. This will enable the Company to benefit from Brian's knowledge to create shareholder value. 

Mr Geary's current and past directorships (within the last 5 years) are as follows:

Current: Antrim Hills Spring Water Company Limited

Past: Port Saffron Limited

There is no further information on Mr Geary required to be disclosed under LR 9.6.13.

Mr Geary and his family currently hold a total of 7,043,259 ordinary shares in the Company, representing a holding of 10.29 %.

Quote

''I and my board colleagues would like to thank William McIlroy for his service and insightful contribution to the business over the past 24 years and to welcome Brian Geary to the Board.  We would also like to thank Pippa Clark, Martin Stevens and the executive management team for their work guiding the company over the past few months and look forward to working with them as they develop a new focus on driving sales and profit growth.''

Paul Forster, Chair of the Board

Creightons plc.

Enquiries analysts/investors                                              email info@creightons.com

Roland Cornish, Beaumont Cornish Limited               0207 628 3396

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is Financial Adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.