komunikat spółki espi PEPCO GROUP N.V. 2023-09-12 06:55

POLISH FINANCIAL SUPERVISION AUTHORITY
		UNI - EN REPORT No		11	/	2023
Date of issue:	2023-09-12
Short name of the issuer
PEPCO GROUP N.V.
Subject
Trevor Masters to step down as CEO of Pepco Group
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Pepco Group hereby notifies that Trevor Masters has informed the Board of Directors of Pepco Group N.V. of his decision to step down as CEO of the company. He will leave with immediate effect. Andy Bond, Chair of the Board, will step into the role of Executive Chair, leading the executive team and overall management of the company until a successor CEO is appointed. The Company takes this opportunity to update current EBITDA (IFRS 16) guidance for the year ending 30 September 2023, which is expected to be slightly lower than previously anticipated although in line with Company compiled analyst consensus, on the back of weaker than expected sales performance. The Company confirms that it will meet the FY23 net new store opening target of 550 stores.
Annexes
File			Description
Pepco Group_CEO update.pdf			Pepco Group CEO Update
polskie_tłumaczenie Pepco Group_CEO update.pdf			Polskie tłumaczenie Pepco Group CEO update