Heavitree Brewery PLC
12 July 2002
The Heavitree Brewery PLC
Trood Lane
Matford
Exeter
Devon EX2 8YP
Telephone: 01392 217733
Contact: Mr G.J.Crocker - Financial Director and Company Secretary
Date: 12th July 2002
Announcement - Managing Director
Following a managerial review it was concluded that, given the size of the
Company and with particular regard to its internal operating procedures, the
role of Managing Director would be best served by a single appointment as
opposed to the present joint position, currently held by Mr.L.Wood and
Mr.N.H.P.Tucker.
As a consequence, with effect from 1st August 2002, Mr.Tucker will assume the
position of sole Managing Director and Mr.Wood will step down having accepted
the redundancy package on offer.
Mr.Wood joined the Company in 1963 and has made an invaluable contribution to
the Company's development. His experience and knowledge will not be lost, as he
has accepted an offer to remain on the Board in a non-executive capacity.
Ends.
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