Luceco Regulatory News (LUCE)

15 May 2020

Luceco plc

("the Group")

Appointment of Senior Independent Director

The Board of Luceco plc, the manufacturer and distributor of high quality and innovative wiring accessories, LED lighting and portable power products, is pleased to announce the appointment of Pim Vervaat as Senior Independent Director with effect from 1 September 2020.

Pim brings extensive Board-level international manufacturing experience to the Group. He most recently spent 12 years at RPC Group Plc, initially as Chief Financial Officer between 2007 and 2013 and then as Chief Executive Officer between 2013 and 2019. Prior to joining RPC, Pim fulfilled a number of senior finance positions in metals manufacturer Hoogovens and its eventual acquirer, Corus Group. Pim has also been a Non-Executive Director of Avon Rubber plc since March 2015.

Pim will replace John Barton who, as previously announced, is not standing for re-election at the AGM on 4 June 2020. Caroline Brown, currently Non-Executive Director and Chair of the Audit Committee, will serve as Interim Senior Independent Director from the AGM until Pim joins the Board.

Commenting on the appointment, Giles Brand, Non-Executive Chairman, said:

"The Board is delighted to welcome Pim as Senior Independent Director. He brings a wealth of relevant experience from a career spent in large, international and blue-chip manufacturing environments that will be of particular value to the Group in the coming years."

This announcement is made pursuant to Listing Rule 9.6.11R. No further disclosures are required pursuant to Listing Rule 9.6.13R in respect of Pim Vervaat's appointment.

- ENDS-

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Business summary

Luceco is a manufacturer and distributor of high quality and innovative wiring accessories, LED lighting and portable power products for a global customer base.

The Group supplies trade distributors, retailers, wholesalers and project developers with a wide range of products which broadly fall into the following market recognised brands:

· British General ("BG"): wiring accessories (including switches, sockets), circuit protection and cable management products;

· Luceco and Kingfisher Lighting: energy efficient LED lighting products and associated accessories;

· Masterplug: cable reels, extension leads, surge protection, timers and adaptor products; and

· Ross: television wall mounts, audio visual accessories and other items.

Luceco's long-established BG brand commands a loyal following amongst professional electrical contractors in both the UK and overseas. It is synonymous with quality, safety, innovation and value for money. The production of BG wiring accessories is the main focus of the Group's Chinese manufacturing facility, allowing it to control product quality, cost and availability.

The Luceco and Kingfisher LED lighting brands combine to present a comprehensive range of indoor and outdoor LED lighting solutions. The range focuses largely on professionally installed products with an emphasis on performance and quality. The Group is able to support these products by offering customers access to its in-house installation design team.

Masterplug is the market leading brand in the UK Portable Power category. It is sold largely to consumers through retail distribution and online. Its products are offered in a wide range of global electrical standards and they are sold in every territory in which the Group operates.