Spirax-Sarco Regulatory News (SPX)

News Release

1st March 2019

Board Appointment

Spirax-Sarco Engineering plc, the world leader in the control and efficient use of steam, electrical thermal energy solutions, and peristaltic pumping and associated fluid path technologies, announces the following Board appointment in accordance with its ongoing succession planning.

Caroline Johnstone will join the Board as an Independent Non‑Executive Director effective 5th March 2019. She will be a member of the Audit, Remuneration and Nomination Committees.

Caroline has had a highly successful career spanning nearly 40 years and is a chartered accountant and member of the Institute of Chartered Accountants of Scotland. She was a partner in PricewaterhouseCoopers (PwC) until 2009 and worked extensively with large global organisations on turnaround, culture change, delivering value from mergers and acquisitions and cost optimisation programmes. She sat on the board of the Assurance practice of PwC in the UK. She is currently an independent Non-Executive Director and Chair of the Audit Committee of Synthomer plc and Shepherd Group Ltd, a private company which owns Portakabin Limited, and is a member of the Governing body of the University of Leeds. She also provides extensive consulting services to a range of global chemical and industrial organisations.

Jamie Pike, Chair, commented, "I am delighted to welcome Caroline to the Board of Directors. Her financial, people and advisory skills, together with her international business experience across a range of different industries will benefit the further development of the Group. This appointment is part of the succession planning undertaken by the Nomination Committee to recruit Non-Executive Directors with the skills and experience required to support the implementation of our strategy for growth."

There are no further disclosures to be made pursuant to Listing Rule 9.6.13.

Enquiries:

Nicholas Anderson, Group Chief Executive

Tel: 01242 535234

Andy Robson, General Counsel

Tel: 01242 535276

About Spirax Sarco

Spirax-Sarco Engineering plc comprises two world-leading businesses, Spirax Sarco for steam and electrical thermal energy solutions and Watson-Marlow Fluid Technology Group for niche peristaltic pumps and associated fluid path technologies. Spirax Sarco provides a broad range of fluid control and electrical process heating products, engineered packages, site services and systems expertise for a diverse range of industrial and institutional customers. The business helps its end users to improve production efficiency, reduce energy costs, water usage and emissions, improve product quality and enhance the safety of their operations. Watson-Marlow Fluid Technology Group offers the ideal solution for a wide variety of demanding fluid path applications with highly accurate, controllable and virtually maintenance free pumps and associated technologies. The Group is headquartered in Cheltenham, England, has strategically located manufacturing plants around the world and employs over 7,400 people, of whom over 1,600 are direct sales and service engineers. Its shares have been listed on the London Stock Exchange since 1959 (symbol: SPX).

 Further information can be found at www.spiraxsarcoengineering.com 

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