TIDMMLC

RNS Number : 1151G

Millennium & Copthorne Hotels PLC

02 November 2018

For Immediate Release 2 November 2018

MILLENNIUM & COPTHORNE HOTELS PLC

LEI: 2138003EQ104LZ1JNH19

BOARD CHANGES

Millennium & Copthorne Hotels plc (the "Company") announces the following changes to its Board of Directors (the "Board") pursuant to Listing Rule 9.6.11R.

Gervase MacGregor informed the Board yesterday of his intention to resign from the Board effective 1 December 2018. Following Mr MacGregor's departure, the Board will continue to be comprised of a majority of independent non-executive directors, and the Nominations Committee has commenced a search for a new independent non-executive director.

Following Sue Farr's departure on 31 October 2018, His Excellency Shaukat Aziz has been appointed as Chair of the Remuneration Committee and Christian de Charnacé, an independent non-executive director, has joined the Remuneration Committee. In addition, Mr de Charnacé has been appointed to the Nominations Committee on an interim basis whilst the Board conducts its search for a new director. All of these appointments are effective immediately.

Kwek Leng Beng, Chairman of the Company, said: "We thank Gervase for his service to the Group since December 2014. We are cognizant of the need to regularly refresh the mix of skills and experience of the Company's directors and will continue to review the composition of the Board and its committees. We will provide an update on our search for a new independent non-executive director as soon as practicable."

Set out below is a table showing the composition of the Board's committees as of 1 November 2018.

 
             Audit & Risk Committee        Nominations Committee        Remuneration Committee 
  Chair          Martin Leitch                Kwek Leng Beng                 Shaukat Aziz 
          ---------------------------  ----------------------------  ---------------------------- 
 Members   Christian de Charnacé          Shaukat Aziz               Daniel Desbaillets 
               Daniel Desbaillets        Christian de Charnacé    Christian de Charnacé 
                Gervase MacGregor              Martin Leitch 
                                               Kwek Leng Peck 
          ---------------------------  ----------------------------  ----------------------------

Enquiries:

Jonathon Grech, Group General Counsel & Company Secretary Tel: +44 (0)20 7872 2444

David Allchurch, Tulchan Communications LLP Tel: +44 (0)20 7353 4200

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END

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