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An announcement of great significance and reassurance was made to our staff last week…

Douglas Cooke, the Company’s founder, will remain as Chairman, together with all of the existing directors.

This is a fantastic transaction which preserves the legacy of the Company I founded over 30 years ago and places the future development of Principle in the hands of our 2,300 staff who are our most important asset. To have been able to include our people in the ownership of the business gives me immense pride and will, I am certain, ensure its stability and prosperity for many years to come."

Douglas CookeExecutive Chairman

The future of Principle looks brighter than ever and we look forward to continuing the Company's growth and building on the fantastic partnerships we have.