RB Sport & Leisure Holdings Limited announce Group restructure

As part of the reorganisation and rationalisation, Hampshire Cricket Ltd is divesting all domestic cricket related activities to the newly-registered company, Hampshire Cricket Company Ltd. At the same time, Hampshire Cricket Ltd has been renamed Hampshire Stadium Ltd, a company which will amalgamate the operations of several existing group companies and focus on the development and commercial operation of The Ageas Bowl.

Both companies will operate as wholly-owned subsidiaries of RB Sport & Leisure Holdings Limited which, in turn, will seek shareholder approval to change its name to Hampshire Sport & Leisure Holdings Limited as soon as practically possible.

These changes, which came into effect as of June 1, 2021, will not in any way impact on the rights and privileges of Hampshire Cricket Members, supporters and spectators.

The restructure is designed principally to improve operations through greater clarity of focus and to rationalise the number of companies in the Group.

Also, as of 1st June 2021, RB Hotels Limited has changed its name to Hampshire Leisure Hotels Limited.

Rod Bransgrove, Chairman of RB Sport and Leisure Holdings Limited, said:

These changes to the structure of our Group of Companies are the result of an in-depth review and analysis of operations and takes full account of our future ambitions and intentions. In addition to the changes in corporate structure, we are also in the process of supplementing our Boards of Directors with further non-executive support and providing greater experience in key areas.

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