Appointment of Additional Director

Chairman of the Board of Directors for Briscoe Group Limited, Dame Rosanne Meo, today announced the appointment of Mary Devine as an additional independent Non-Executive Director of the Company.

“We are thrilled to welcome Mary to the Board and believe her experience and skills will not only enhance the dynamics of the Board but will also be very beneficial for the Group as a whole.”

Mary Devine is currently Managing Director of Christchurch based Department store J. Ballantyne & Co. Ltd and is the former Chief Executive of EziBuy Ltd, Australasia’s largest apparel and home decor multi-channel retailer. She holds other directorships with Meridian Energy Ltd and IAG New Zealand Ltd and is also involved with not-for-profit organisations, New Zealand Global Women (NZGW) and the New Zealand Hockey Foundation.

Dame Rosanne noted, “Mary’s a high calibre corporate director and certainly her experience as the driving force behind developing EziBuy as a multi-channel retailer with significant Australasian presence will be extremely valuable to the Group.
As I advised shareholders at our Annual Meeting in May, the attributes we as a Board consider important for another director to possess would include, an understanding of the New Zealand retail environment, relevant management and governance experience and preferably a knowledge of multi-channel retailing. We believe that we have exceeded our brief with Mary’s appointment and look forward to her contribution as Briscoe Group enhances and grows its position as New Zealand’s leading retailer of homeware and sporting goods.”

Group Managing Director, Rod Duke, said, “The appointment of Mary will bring new skills to complement and enrich the Board which is currently efficient and effective in how it operates. My team and I look forward to working with Mary as we look to consolidate the Group for the future.”

For the purposes of NZSX Listing Rule 3.3.3(b) the Board has determined that Mary Devine is an Independent Director. The appointment of Mary Devine takes the number of directors to five for Briscoe Group Limited, including three Independent Non-Executive Directors; namely Dame Rosanne Meo, Stuart Johnstone and now Mary Devine. Managing Director and major shareholder Rod Duke and long serving executive Alaister Wall continue as Executive Directors.

Dame Rosanne Meo
Chairman of the Board of Directors

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