(Sharecast News) - Property developer Countryside Partnerships revealed on Wednesday that chairman John Martin had decided to resign from all his roles at the company with immediate effect.

Countryside said senior independent director Douglas Hurt will take over as chairman, while Amanda Burton will replace Hurt, effective immediately.

Hurt said: "We are sorry to see John Martin go and would like to thank John for his dedication, commitment, and significant contribution to Countryside. We wish him all the best for the future."

Elsewhere, the FTSE 250-listed firm also reiterated its full-year financial adjusted operating profit guidance for the twelve months ending 30 September.

Reporting by Iain Gilbert at Sharecast.com