RNS Number : 3753U

Hargreaves Services PLC

12 July 2018

Hargreaves Services plc

("Hargreaves" or the "Group")

                                                                          Board Appointment 

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, is pleased to announce the appointment of David Anderson as Group Property Director. David will be appointed to the Board on commencement of his employment which will be no later than 1 December 2018.

David joins Hargreaves from Henry Boot Developments Limited, the principal property development subsidiary of Henry Boot PLC, where he has served as a Director since 1996 and as Managing Director since 2005. He has led the growth in revenue of that business from less than £10m in 2005 to over £220m in 2017.

David Morgan, the Chairman of Hargreaves, said: "We are delighted to have secured the services of David Anderson to spearhead the development of Hargreaves' Property business. David has an excellent track record in the property development sector in the UK and Hargreaves' current land portfolio provides a strong platform from which to create substantial shareholder value."

David Anderson said: "I am very pleased to be joining Hargreaves at such an exciting time for the Group's future as the Board looks to develop and grow its Property business. Hargreaves has a strong existing land bank for development, including the Blindwells site, together with a number of other exciting opportunities.  I look forward to leading the Hargreaves Property team to create a substantial business within the Group."

For further details: 

Hargreaves Services plc Gordon Banham, Chief Executive Officer John Samuel, Group Finance Director	0191 373 4485
Buchanan (Financial PR) Mark Court/Sophie Wills/Henry Wilson	0207 466 5000
N+1 Singer (Nomad and Joint Corporate Broker) Sandy Fraser/Rachel Hayes	0207 496 3000
Investec (Joint Corporate Broker) Sara Hale/Helene Comitis	0207 597 4000

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules, David Robert Anderson (aged 51) holds or has held in the past 5 years the following directorships and partnerships: 

Current

Aytoun Street Developments Limited

Bigmouth Manchester Limited

Butterfield Park Management Limited

Capitol Park Property Services Limited

Chocolate Works York Management Company Limited

First National Housing Trust Limited

Hailshamend Limited

HBB Roman Way Limited

Henry Boot (Enfield) Limited

Henry Boot (Manchester) Limited

Henry Boot Barnfield Limited

Henry Boot Developments Limited

Henry Boot Estates Limited

Henry Boot Investments 1 Limited

Henry Boot 'K' Limited

Henry Boot Nottingham Limited

Henry Boot Projects Limited

Henry Boot Tamworth Limited

Henry Boot Wentworth Limited

Henry Boot Whittington Limited

Investments (North West) Limited

I-Prop Developments Limited

Marboot Centregate 2 Limited

Marboot Centregate Ltd

Markey Colston Limited

Newmarket Lane Holding Limited

Newmarket Lane Limited

Newmarket Lane Management Company Limited

Plot 7 East Markham Vale Management Company Limited

Saltwoodend Limited

Sandlandsgone Limited

The Residence (York) Management Company Limited

Urban Creation (Bracken Hill House) Limited

Winter Ground Limited

Past five years

Chesterfieldend Limited

Thornbridgegone Limited

Waterloo Court Management Company Limited

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