Board Changes

RNS Number : 9444C

600 Group PLC

28 February 2022

 

28 February 2022

The 600 Group PLC

("600 Group" or "the Group")

Board Changes

600 Group plc, the diversified industrial engineering company (AIM: SIXH), is pleased to announce that Rui Lopes has been appointed as Chief Financial Officer of the Group with immediate effect.

Mr. Lopes has held several executive finance positions over the past 15 years, most recently as Director of Halma PLC Safety Sector. Mr Lopes was previously Chief Financial Officer of Ocean Insight, Inc. (Halma company) between 2018 and 2021, Vice President at Accudynamics LLC (Halma company) between 2017 and 2018 and held senior finance roles at Smiths Medical (Smiths Group PLC) between 2006 and 2017.

Mr Lopes holds a Diploma in Financial Strategy from the University of Oxford and an MBA in Business Administration from the University of Porto.

Paul Dupee, Chairman, said:

"We are delighted to welcome Rui to the Board. Rui brings with him considerable commercial, financial, and operational expertise and we look forward to working with him as we continue to deliver our strategy."

Regulatory Disclosures:

The following disclosures are made pursuant to AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies:

In addition to his appointment as a director of 600 Group, Rui Miguel Lopes, aged 49, is currently or has previously been a director or partner of the following companies or partnerships within the past five years:

Current Directorships / Partnerships	Directorships held in the past five years
	Ocean Insight, Inc. Ocean Insight (NL), BV. Ocean Optics (Shanghai) Co., Limited.  ADI Holdings LLC (formerly Accudynamics, Inc.)

Rui Lopes does not hold any ordinary shares in the Company.

ENDS

Enquiries:

The 600 Group PLC Paul Dupee, Executive Chairman	Tel: [phone]
Instinctif Partners Tim McCall	Tel: [phone]
Cenkos Securities plc (Nominated Adviser and Broker) Ben Jeynes / Max Gould (Corporate Finance) Alex Pollen / Henry Nicol (Sales)	Tel: [phone]

About The 600 Group PLC

The 600 Group PLC is a distributor, designer and manufacturer of industrial products with three principle areas of activities:

Machine Tools

The business has a strong reputation in the market for metal turning machines. Products range from small conventional machines for education markets, CNC workshop machines and CNC production machines. Selected outsourcing partners support the manufacturing of these machines and they are marketed through the Group's wholly owned international sales organisation and a global distribution network.

Precision Engineered Components

Machine spares are distributed to customers globally to help maintain the installed base of group machines which number in excess of 100,000. Additionally, work holding products are sold via specialist distributors to OEMs, including other machine builders.

Industrial Laser Systems

Industrial laser systems cover laser marking and processing including cutting, drilling, ablation and a host of other niche applications in the marking and micro machining sectors. They require no consumables and can operate on a continuous high speed basis and can be integrated into customers' production lines. The businesses have their own technology and proprietary software. Customer applications are diverse and range from aerospace to medical and pharmaceuticals. The requirement for increased product and component traceability is one of the market drivers.

More information on the Group can be viewed at:  www.600group.com    

 

END

 

 

BOAFZGZZGNKGZZZ