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2 Oct 2009 12:46
2 October 2009
SEPURA plc
APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER
Sepura plc ("Sepura" or "Company"), a global leader in the design, manufacture and supply of TETRA digital radios, is pleased to announce the appointment of Stephen Mole as its new Chief Financial Officer ("CFO").
He will replace Steve Crowther who has informed the Board of his wish to leave the Company. Steve steps down after six years with Sepura during which the Company listed on the London Stock Exchange. He will remain with the business in the short-term to ensure a seamless handover.
Stephen Mole joins Sepura from Filtronic plc, where he was also CFO. Before joining Filtronic in 2006, he was finance director at Renold plc. He has previously held senior finance positions with BTP plc, Zeneca plc, ICI plc and Unilever plc. Stephen is also a non-executive director of the Central Manchester and Manchester Children's University Hospitals NHS Trust.
Gordon Watling, Chief Executive of Sepura, said:
"I would like to take this opportunity to thank Steve Crowther for the significant contribution he has made to the business over the past six years and I wish him every success in the future. In Stephen Mole we have found an extremely able executive who I am confident will play a key role in delivering shareholder value."
Stephen was appointed following a thorough search and benchmarking exercise conducted by the Nomination Committee with the assistance of external advisers. He will join the Company on 19 October 2009.
There are no matters to disclose in accordance with paragraph 9.6.13R of the FSA Listing Rules.
Interim Results
The Company expects to announce its financial results for the six month period ending 30 September on Wednesday 25 November 2009.
For further information please contact:
Sepura Tel: 01223 876 000
Philip Nolan, Chairman
Gordon Watling, CEO
Powerscourt (Media Enquiries) Tel: 020 7250 1446
Paul Durman
Rob Greening
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