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Board changes

28 Jun 2018 07:00

RNS Number : 8071S
Carclo plc
28 June 2018
 



28 June 2018

Carclo plc ("Carclo" or the "Company")

 

 

Board changes

 

The Board is pleased to announce that Joe Oatley will be appointed to the Carclo Board as a Non-Executive Director, and the Chairman of the Remuneration Committee with effect from 20 July 2018. He is currently a Non-Executive Director at Wates Group Limited and Redhall plc. Previously he was Group Chief Executive of Cape plc ("Cape") from 2012 to 2017. Prior to joining Cape he was Chief Executive of Hamworthy plc.

 

There are no further disclosures relating to Joe Oatley required under paragraph 9.6.13R of the Listing Rules.

 

Enquiries:

Carclo plc

01924 268040

Chris Malley, Chief Executive

Peel Hunt LLP

0207 418 8900

Justin Jones

Sam Cann

Weber Shandwick Financial

020 7067 0700

Nick Oborne

Notes to editors

Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange.

Carclo's strategy is to develop and expand its key manufacturing assets in markets where there remain significant further opportunities to drive shareholder value. To enhance profit margins and support its customers, the group has been investing across its global footprint.

Approximately three fifths of Group revenues are generated from the supply of fine tolerance, injection moulded plastic components, mainly for medical products. The balance of Group revenue is derived mainly from the design and supply of specialised injection moulded LED based lighting systems to the premium automotive industry.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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