The nomination committee for Kindred Group plc’s (Kindred) annual general meeting (AGM) in 2023 has unanimously resolved to recommend the following motions to Kindred’s AGM in April 2023:

a) Up until the AGM in 2024, the Board of Directors should be made up of nine (9) members with no deputy members.

b) The election of the following present Board of Directors members to serve additional terms until the AGM in 2024:

The outcomes of that process are the candidates we are presenting today. We think their skill sets complement one another and that they will strengthen the Board in important ways. Messrs. Boireau and Gemmel, who together own over 20% of Kindred, will significantly increase the Board’s shareholder representation. The knowledge of Messrs. Jansson and McCue will be crucial to the gaming sector. Lastly, the business, financial markets, and M&A skills of Messrs. Shea and Randel will be added.

The proposed new Board has the ideal balance of continuity: new directors representing significant owners, established industry leaders, and corporate executives with experience in capital markets, mergers and acquisitions, and entrepreneurship. The proposed Board, in the opinion of the Nomination Committee, is perfectly prepared to cooperate with management and advance the interests of shareholders. I am certain that the newly constituted Board will consider all options in order to generate long-term, risk-adjusted value for all shareholders.

Source: Prnewswire