Restore plc announces board changes as Senior Independent Director Susan Davy steps down

The latest announcement is out from Restore ( (GB:RST) ).

Restore plc has announced a change to its board, with Senior Independent Director and Audit Committee Chair Susan Davy set to step down at the conclusion of the company’s Annual General Meeting on 12 May 2026, following her proposed appointment to the board of a private recycling business. Non-executive director Patrick Butcher will assume the dual roles of Chair of the Audit Committee and Senior Independent Director, a transition the company frames as a planned refresh of its governance structure while publicly acknowledging Davy’s seven-year contribution and aiming to ensure continuity in board oversight responsibilities.

Chair Jamie Hopkins praised Davy for her dedication and counsel during her tenure, underscoring the board’s appreciation as it manages this orderly succession. The appointment of Butcher to these key oversight roles suggests Restore is focused on maintaining stability in its governance and financial scrutiny functions, with the reshuffle expected to be largely neutral operationally but relevant for stakeholders tracking board composition and corporate governance practices.

The most recent analyst rating on (GB:RST) stock is a Hold with a £260.00 price target. To see the full list of analyst forecasts on Restore stock, see the GB:RST Stock Forecast page.

Spark’s Take on RST Stock

According to Spark, TipRanks’ AI Analyst, RST is a Neutral.

The score is primarily held back by inconsistent profitability/margin pressure and moderate-to-high leverage, despite consistently positive cash generation. Technical indicators are neutral-to-mixed without strong momentum support. Valuation is the biggest drag due to the extremely high P/E, only modestly offset by the dividend yield.

To see Spark’s full report on RST stock, click here.

More about Restore

Restore plc is a U.K.-based provider of secure and sustainable business services focused on managing data, information, communications and physical assets for corporate and institutional clients. Listed on AIM under the ticker RST, the group positions itself as a leading player in secure data handling and related business support services across its domestic market.

Average Trading Volume: 410,790

Technical Sentiment Signal: Sell

Current Market Cap: £327.8M

See more data about RST stock on TipRanks’ Stock Analysis page.