Ferguson PLC Announces Director Declaration

Rhea-AI Summary

Ferguson plc announces the appointment of Nadia Shouraboura as an independent non-executive director of Ocado Group plc, effective September 1, 2021. This decision is in accordance with Listing Rule 9.6.14R. Ferguson is a prominent distributor of plumbing and heating products for professional contractors in North America, reporting a revenue of $19.9 billion and a trading profit of $1.6 billion for the year ending July 31, 2020. The company trades on the London and New York Stock Exchanges under the ticker FERG.

Positive

• Appointment of Nadia Shouraboura enhances Ferguson's leadership profile.
• Strong financial performance with $19.9 billion revenue and $1.6 billion trading profit.

Negative

• None.

WOKINGHAM, UK / ACCESSWIRE / August 24, 2021 / Ferguson plc ('Company') confirms the appointment of Nadia Shouraboura, Non Executive Director of the Company, as an independent non executive director of Ocado Group plc with effect from September 1, 2021.

This announcement is made in accordance with Listing Rule 9.6.14R.

For further information, please contact:

Graham Middlemiss
0118 927 3800

Notes to announcement

Ferguson plc is a leading value added distributor of plumbing and heating products to professional contractors operating in North America. Revenue for the year ended 31 July 2020 was $19.9 billion and trading profit was $1.6 billion. Ferguson plc is listed on the London Stock Exchange (LSE:FERG) and the New York Stock Exchange (NYSE:FERG) and the company is a member of the FTSE 100 index of listed companies. For more information, please visit www.fergusonplc.com or follow us on Twitter https://twitter.com/Ferguson_plc.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ferguson PLC

View source version on accesswire.com:
https://www.accesswire.com/661043/Ferguson-PLC-Announces-Director-Declaration

FAQ

What is the recent announcement by Ferguson plc regarding its board?

Ferguson plc announced the appointment of Nadia Shouraboura as an independent non-executive director of Ocado Group plc effective September 1, 2021.

What were Ferguson plc's financial figures for the year ended July 31, 2020?

Ferguson plc reported a revenue of $19.9 billion and a trading profit of $1.6 billion for the year ended July 31, 2020.

On which stock exchanges is Ferguson plc listed?

Ferguson plc is listed on the London Stock Exchange (LSE:FERG) and the New York Stock Exchange (NYSE:FERG).

What is the significance of Nadia Shouraboura's appointment for Ferguson plc?

Nadia Shouraboura's appointment as a non-executive director at Ocado Group plc enhances Ferguson plc's leadership and strategic connections in the industry.