SPGH.L Regulatory News (SPGH)

Superglass Holdings PLC

("Superglass" or "the Company")

Resignation of Director and Correction to Letter to Shareholders of 19th November 2014

Superglass, the UK's leading independent manufacturer of glass wool insulation solutions, announces that Lars Rutegård has resigned from the Board of Superglass with immediate effect. Accordingly Resolution 7 within the notice of the forthcoming Annual General Meeting, proposing the election of Lars Rutegård as a Director of the Company, will no longer be put to a vote at the Annual General Meeting.

Additionally, the Board wishes to correct an error within the Letter to Shareholders dated 19th November 2014 which accompanied the Notice of Annual General Meeting. That letter, which is set out on pages 53 and 54 of the Annual Report and Accounts, under the heading "Recommendation" states that "… the Directors unanimously recommend that shareholders vote in favour of the proposed resolutions set out in the Notice of AGM …." In fact, Lars Rutegård did not participate in the Board discussions which preceded the posting of the Notice of Annual General Meeting, nor in the decision to recommend that shareholders vote in favour of the proposed resolutions.

Notwithstanding the foregoing, the Directors (excluding Mr Rutegård) continue to recommend that shareholders vote in favour of all of the resolutions to be proposed at the Annual General Meeting. 

A copy of this announcement is being posted to all shareholders for information purposes ahead of the Annual General Meeting to be held on Wednesday 21st January 2015.

For further information, please contact:

Superglass Holdings Plc

Alex McLeod, Chief Executive Officer 01786 451170

Chris Lea, Finance Director

N+1 Singer

Sandy Fraser 0131 603 6873