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JEL

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NEUTRAL

Jersey Electricity Announces Search for New Chair

Why we think this is neutral

The RNS announcement is regarding a directorate change, which is not one of the mandatory news types that require detailed analysis. Therefore, the sentiment is assessed as neutral.

Key Points

  • Jersey Electricity plc is searching for a new Chair of the Board
  • Current Chair Mr Phil Austin MBE plans to step down at the AGM in 2026

Summary

The utility company is searching for a new Chair of the Board as the current Chair plans to step down in 2026.

Jersey Electricity plc announces its intention to commence the search for a new Chair of the Board as Mr Phil Austin MBE is planning to step down at the AGM in 2026, having served a full term. Further updates will be provided as appropriate.

Key Dates

AGM 2026
Current Chair Phil Austin MBE plans to step down
GENERAL UPDATE