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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  AA    AA.   GB00BMSKPJ95

AA

(AA.)
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Delayed Quote. Delayed London Stock Exchange - 03/27 12:35:29 pm
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AA : Appointment of Chief Financial Officer

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12/17/2019 | 03:36am EDT

17 December 2019

AA plc

(the 'Company')

Appointment of Chief Financial Officer

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION.

AA PLC announces the appointment to the Board of Kevin Dangerfield as Chief Financial Officer ('CFO').

Kevin Dangerfield is a qualified Chartered Accountant and has over 25 years' experience in a variety of industries including technology and manufacturing. He was most recently CFO of Wilmcote Holdings PLC.

Prior to this, Kevin held various CFO roles in public listed companies, including Laird PLC and Morgan Advance Materials PLC.

Kevin will join the Board of AA PLC and assume the CFO role on 6 January 2020, which remains subject to FCA approval. On the same date, Mark Strickland will step down as interim CFO and continue in a Group Project role as part of the Executive Committee reporting to the CEO, Simon Breakwell.

John Leach, Chairman of the Company, said:

'Kevin brings a wealth of highly relevant finance experience from across a number of sectors to the executive management team and the Board. I would like to welcome him to the AA and look forward to working together.

On behalf of the Company, I would also like to thank Mark Strickland for his invaluable contribution and ongoing support.'

Save as disclosed below there is no further information to be disclosed pursuant to sections LR 9.6.11, LR 9.6.12 or LR 9.6.13 of the Listing Rules, FCA Handbook.

Previous Directorships/Partnerships

· Laird PLC

· Laird Limited (where Kevin remains a Non-Executive Director)

· Morgan Advanced Materials PLC

· Wilmcote Holdings PLC

This announcement is released by AA plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation, encompassing information about the appointment. For the purposes of MAR and Article 2 of Commission Implementing Regulation, this announcement is made by Nadia Hoosen, Chief Legal Officer and Company Secretary at AA plc.

ENDS

For further enquiries, please contact:

Investors:

Zeeshan Maqbool, Investor Relations and Corporate Finance

Tel: +44 (0)20 7395 7301

Media: FTI Consulting

Alex Le May

John Waples

Nick Hasell

Tel: +44 (0)20 3727 1340

Company Secretary:

Nadia Hoosen, Chief Legal Officer and Company Secretary

Tel: +44 (0) 20 7395 7437

AA plc is listed on the London Stock ExchangeRegistered Office: Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA

Registered in England & Wales number: 05149111Legal Entity Identifier number: 213800DTPE4O5OI17349

Disclaimer

AA plc published this content on 17 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2019 07:35:05 UTC

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Financials (GBP)
Sales 2020 996 M
EBIT 2020 258 M
Net income 2020 78,0 M
Debt 2020 2 625 M
Yield 2020 11,8%
P/E ratio 2020 1,29x
P/E ratio 2021 1,49x
EV / Sales2020 2,74x
EV / Sales2021 2,60x
Capitalization 105 M
Chart AA
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Technical analysis trends AA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 95,71  GBp
Last Close Price 17,00  GBp
Spread / Highest target 1 076%
Spread / Average Target 463%
Spread / Lowest Target -70,6%
EPS Revisions
Managers
NameTitle
Simon John Breakwell Chief Executive Officer & Director
Edmund King President
John Leslie Leach Chairman
Kevin Jeremy Dangerfield Chief Financial Officer & Director
Ollie Holden Chief information Officer
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