Ashley House PLC announced that William Wells, who has completed 6 years as Chairman, has decided that with a new strategy in place, now is an appropriate time to step down from the Board. He intends to leave after the AGM when a new Chair is appointed. After the Company's 2013 AGM the Board will therefore shrink to comprise three Executives and three Non-Executives.

Planning for this has started with Steve Minion, one of Ashley House's founders, moving to a Non-Executive role with immediate effect and joining the Audit and Remuneration Committees.