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Listing Rule 9.6.14(1) announcement

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CEO and CFO of Kelso step down as Non-Executive Directors from The Works board.

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Kelso, the main market listed acquisition vehicle, announces, in accordance with Listing Rule 9.6.14(1) and further to today's announcement by The Works.co.uk plc ("The Works"), that John Goold and Mark Kirkland, the Chief Executive Officer and Chief Financial Officer of the Company respectively, have decided to step down from their roles as Non-Independent Non-Executive Directors of The Works with effect from today.

John Goold and Mark Kirkland said: "We joined The Works Board on a temporary basis to provide additional guidance as the business underwent a period of change. Since then, significant progress has been made, namely transferring from the Main Market to AIM and strengthening the leadership team. We are content to step down now, knowing that the company is on a path to growth and with full confidence in the management team."

Zeus (Broker)+44 (0) 20 3829 5000

Nick Cowles, Ed Beddows, John Moran (Investment Banking) Ben Robertson (Corporate Broking)

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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