Last checked at 31 Aug 2011 10:07
Plastics Capital plc
Senior Management Change
Plastics Capital plc (AIM: PLA), the niche plastics products group, announces that Dr. Neil Partlett will be resigning from his post as CEO of BNL (UK) Ltd, one of its four subsidiary businesses, based in Knaresborough, North Yorkshire, on 31st October 2011.
It is expected that, for an interim period, Dr. Partlett will hand over his duties to the existing management team, who will report direct to Plastics Capital, and that an announcement on a permanent replacement will be made in due course, as soon as this is determined.
Faisal Rahmatallah, Executive Chairman, commented: "On behalf of the Plastics Capital plc Board I would like to thank Dr. Partlett for his contribution to BNL's success over the last five to six years and we wish him well in his future career."
Enquiries:
Plastics Capital plc | Tel: 020 7326 8423 |
Faisal Rahmatallah, Executive Chairman | |
Nick Ball, Finance Director | |
Cenkos Securities | Tel: 020 7397 8900 |
Stephen Keys Liz Bowman | |
Walbrook PR Ltd | Tel: 020 7933 8780 |
Paul Cornelius | Mob: 07866 384 707 or paul.cornelius@walbrookir.com |
Helen Westaway | Mob: 07841 917 679 or helen.westaway@walbrookpr.com |
Notes to Editors:
About Plastics Capital plc
Plastics Capital is a consolidator of plastics products manufacturers focused on proprietary products for niche markets. The Group has four factories in the UK, one in Thailand and sales offices in the USA, Japan, China and India. Approximately 62 per cent of sales are exported to over 70 countries worldwide. Production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness. The Group has approximately 300 employees.
Further information can be found on www.plasticscapital.com