Helical plc announced that Richard Grant is standing down as Board Chairman, Nominations Committee Chair and Director of the Company at the 2022 AGM. Helical announced the appointment of Richard Cotton as independent Non-Executive Chairman Designate. Subject to Shareholder approval, it is intended that he will succeed Richard Grant, becoming Chairman of the Board following the conclusion of the 2022 AGM, scheduled to take place in July 2022.

Upon becoming Chairman, Richard Cotton will also become Chair of the Nominations Committee and step down from the Audit and Risk Committee. Richard Cotton will continue to serve as the Company's Senior Independent Director and as a member of the Nominations Committee, the Remuneration Committee and the Audit and Risk Committee until the 2022 AGM. Richard Cotton joined the Board as a Non-Executive Director in March 2016 and became Senior Independent Director in February 2018.