14 Apr 2015 07:01
14 April 2015
CORAC GROUP PLC
("Corac" or the "Company")
Board Appointments
Corac (AIM: CRA), the specialist engineering group focused on the aerospace & defence and energy & process industry sectors, today announces the following Board appointments.
Simon Kings, currently Managing Director of Atmosphere Control International at Corac and Martin Blomley, currently Group Corporate Development Director at Corac, have both been appointed to the Board as Executive Directors of the Company.
These appointments have been made to help drive both growth and operational performance and strengthen, at an executive level, the Company's focus on strategic market sectors.
Richard King, Non-executive Chairman of Corac, commented:
"I am delighted to welcome Simon and Martin to the Board. Their extensive operational and commercial experience within their markets will greatly enhance the Board. We expect Simon and Martin to play a key role in driving strategic progress for the Group."
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For further information please contact: |
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Corac Group Plc |
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Phil Cartmell, Chief Executive Officer | 01753 285 800 |
Mark Crawford, Chief Financial Officer |
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www.corac.co.uk |
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Cenkos |
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Ivonne Cantú / Elizabeth Bowman | 020 7397 8980 |
www.cenkos.com |
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Vigo Communications |
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Jeremy Garcia / Fiona Henson | 020 7016 9570 |
www.vigocomms.com |
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The following information is disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies:
Martin James Blomley
Martin Blomley, aged 62, has held no directorships or partnerships for the past five years.
Simon John Nicholson Kings
Simon Kings, aged 51, has held no directorships or partnerships for the past five years.
There is no further information to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.
NOTES TO EDITORS
About Corac Group plc
Corac Group is a specialist engineering group focused on the aerospace & defence and energy & process industry sectors. The Group designs and builds valuable solutions for critical applications in compression systems, renewable energy, atmosphere management and fabricated equipment; and provides support services through the equipment's lifetime. Corac Group shares have been trading on AIM since July 2001.