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4 Sep 2008 15:55
4 September 2008
Hampson Industries PLC
Directorate Change
Hampson Industries PLC ("Hampson"), the international aerospace and precision engineering group, announces that Bob Stokell has retired from the Board after four and a half years as a non-executive director of Hampson.
Speaking at the Annual General Meeting of the Company held today, Chairman Chris Geoghegan said:
"Bob Stokell has made a significant contribution to the development of the Hampson group during his tenure as a director. On behalf of the Board I would like to place on record our sincere gratitude and wish him a long and happy retirement."
Ends
For further information:
Kim Ward, Chief Executive +44 (0)1384 472941
Howard Kimberley, Finance Director +44 (0)1384 472946
Jonathan Gollins/Marylene Guernier, M:Communications +44 (0)207 153 1269
About Hampson:
The Group's operations are structured into three business segments, serving primarily the global commercial and military aerospace and specialist engineering markets from manufacturing facilities in the UK, North America and India.
Approximately 95% of the Group's sales are derived from its aerospace activities, the balance from the market for automotive turbocharger components.
In June 2008, Hampson completed the acquisition of Odyssey Industries, Inc. and Global Tooling Systems, Inc. for a total consideration of up to USD314 million, partly financed through a £65 million placing and open offer. The Group now employs nearly 2,500 people worldwide.
Hampson Industries PLC is listed on the main market of the London Stock Exchange (Symbol: HAMP). For more information on Hampson: www.hampsongroup.com
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