Judges Scientific Regulatory News (JDG)

Judges Scientific plc (the "Group", "Company" or "Judges")

Board changes

The Board of Judges Scientific, a group involved in the buy and build of scientific instrument businesses, announces the following board changes.

Charles Holroyd will join the Group as an Independent Non-Executive Director. Glynn Reece, Non-Executive Director, will be stepping down from the Board but will remain with the Group in the role of Company Secretary. The changes will take effect from 1 June 2018.

Charles has a BSc in Electrical and Electronics Engineering from Bristol University and an MBA from INSEAD and is a Chartered Engineer and a Fellow of the Institution of Engineering and Technology. Charles has held senior management positions within a number of publicly quoted companies. Most recently Charles worked at Oxford Instruments plc, which he joined in 1999 and where he served on the board from 2005 until 2013 and was responsible for group business development.

Following the above changes, the Board committees will comprise as follows:

Audit committee

Charles will join as a member of the audit committee. Following his appointment the audit committee comprise of three members being Ralph Elman, Ralph Cohen and Charles Holroyd with Ralph Elman acting as Chairman

Remuneration committee

Charles will join as a member of the remuneration committee. Following his appointment the remuneration committee will comprise of three members being Alex Hambro, Ralph Cohen and Charles Holroyd with Alex Hambro acting as Chairman

Commenting on the appointment, Alex Hambro, Chairman of Judges, said

"We are delighted to welcome Charles to the Group. Charles brings extensive knowledge of the scientific instrument sector in which we operate and we look forward to his guidance over the coming years as the Group continues to execute its buy and build growth strategy.

"On behalf of the Board, I would like to thank Glynn for his counsel and contribution to the Group as a Non-Executive Director and welcome his continued activity as our Company Secretary. Having been with the Group since its inception, he has worked with the Board to grow the business and deliver significantly value for our shareholders. His involvement has been hugely valued."

Regulatory Information

Charles John Arthur Holroyd, aged 62, currently holds, and has held (including all appointments during the five years preceding the date of this announcement), the following directorships and partnerships, other than of the Company:

Current Directorships

Phase Focus Limited

Past Directorships

HKL Technology A/S

Molecular Warehouse Limited 

Oxford Instruments Plc

Oxford Instruments Asylum Research Inc

Oxford Instruments Holdings Europe Limited

Oxford Instruments India Private Limited

Oxford Instruments Industrial Products Limited

Oxford Instruments Industrial Products Holdings Limited

Oxford Instruments Nanotechnology Tools Limited

Oxford Instruments Nordiska AB

Oxford Instruments Overseas Holdings Limited

Oxford Instruments Overseas Holdings 2008 Limited

Oxford Instruments Private Limited

Oxford Instruments SAS

Oxford Instruments Technology (Shanghai) Company Limited

Oxford Instruments UK 2013 Limited

Scienta Omicron

Charles Holroyd has confirmed that there is no other additional information to be disclosed under Schedule 2 (g) of the AIM Rules.

Notes to editors:

Judges Scientific plc (AIM: JDG), is a group involved in the buy and build of scientific instrument businesses. The Group currently consists of 16 businesses acquired since it was re-admitted to AIM in 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, the scientific communities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queens' awards for innovation and export.

Judges Scientific maintains a policy to selectively acquire businesses that generate sustainable profits and cash. Shareholder returns are created through the repayment of debt, dividends and through organic growth which the Group encourages by creating an environment for businesses to thrive in, with support and advice for entity management teams.

The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

For further information, please visit www.judges.uk.com