BKG Berkeley Group Holdings (the) Plc

TIDMBKG

RNS Number : 2730R

Berkeley Group Holdings (The) PLC

26 June 2020

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

26 June 2020

THE BERKELEY GROUP HOLDINGS PLC

Tony Pidgley - Chairman

It is with the greatest sadness that the Company announces the sudden death of its founder and Chairman, Tony Pidgley CBE.

Our deepest sympathies go out to his wife, Sarah, and his children.

Rob Perrins, Chief Executive, said:

"Tony was a brilliant man who I have been fortunate to work closely with for 20 years. He started Berkeley by building one house and his vision grew into a FTSE 100 company. He knew he would never retire so he ensured that his culture was embedded in the Company for when this sad day came. Berkeley and I owe Tony a huge debt. With my team I will ensure this debt is honoured by continuing to position Berkeley as the leading place-maker and ensuring it continues to be a company of which he would be proud. "

Glyn Barker, Interim Chairman, said:

"It has been an immense privilege to work with Tony. He created a unique company with a strong management team that has been led by Rob Perrins since 2009. Under Rob's leadership, Tony's values of ambition and quality will ensure the business continues to flourish.

END

For further information please contact:

The Berkeley Group Holdings plc Novella Communications

R J Stearn Tim Robertson

T: 01932 868 555 T: 020 3151 7008

The person responsible for arranging for the release of this announcement on behalf of Berkeley is Richard Stearn, Group Finance Director.

LEI: 2138009OQSSLVVHQAL78

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END

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(END) Dow Jones Newswires

June 26, 2020 10:55 ET (14:55 GMT)

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