Appointment of Group Finance Director

RNS Number : 9317N

Alumasc Group PLC

04 February 2021

 

4 February 2021

THE ALUMASC GROUP PLC

("Alumasc", "the Company")

DIRECTORATE CHANGE

APPOINTMENT OF GROUP FINANCE DIRECTOR

Alumasc, the sustainable building products, systems, and solutions Group, is pleased to announce the appointment of a new Finance Director, Simon Dray with effect from 1 March 2021.

Simon has a 30-year career in a range of senior finance functions with multi-national companies.  After qualifying as a chartered accountant with Deloitte, Simon moved to work in industry. From 2002 to 2008 he worked at Halma plc as Group Financial Controller, before joining Low & Bonar plc in 2008, working in a variety of senior finance roles including interim CFO before becoming Director of Strategy and M&A. Simon brings experience of heading up finance departments for publicly listed companies and significant M&A experience, both of which will assist Alumasc in its next phase of strategic growth.

Paul Hooper, CEO, said: "Simon has a proven track record across a range of senior finance functions at a number of public companies. His significant experience will further strengthen the leadership team and support our strategic plans and growing the business. We look forward to welcoming him and his future contribution to the business."

Enquiries:

Paul Hooper, CEO Helen Ashton, Group Company Secretary

+ 44 (0) 1536 383844 + 44 (0) 1536 383812

Peel Hunt (Broker) 

Mike Bell    + 44 (0) 207 418 8831

finnCap (NOMAD)

Julian Blunt    + 44 (0) 207 220 0500 

Camarco:

Ginny Pulbrook    + 44 (0) 203 757 4992

Tom Huddart    + 44 (0) 203 757 4991

         Email: [e-mail]

Further information on Mr Simon John Dray FCA, BSc (Hons) (aged 51) is below:

Active Directorship:

Farm Factory Limited

Previous Directorships in past 5 years:

Bonar Yarns Limited  A.G. Scott Textiles Limited  Bonar Nuway Limited  Bonar Silver Limited  Nuway Manufacturing Co. Limited  Bonar International S.A.R.L  R.H. Cole Investments Limited  Bonar Ventures Limited  Bryanston 55 Limited  Platinum Prestige Limited  Low & Bonar UK Limited  Placell Limited  Bonar International Holdings Limited  Gaskell Carpet Tiles Limited  Goldtide Limited  Waddington Cartons Ltd

Lobo Nominees Limited LCM Construction Products Limited Modulus Flooring Systems Limited Bonar Pack Centre Limited Bonar Rotaform Limited Leisurewear Africa Limited Cole Group Limited Bonar Systems Limited Adfil Limited Cupa Engineering Co Limited Bamber Carpets Limited Rotaform Plastics Limited Bonar Plastics Limited Low & Bonar Pension Scheme (1986) Trustee Limited Lobex Limited

As at the date of this announcement Simon Dray is not beneficially interested in any Ordinary Shares in the Company.

There is no further information disclosable in respect of Simon Dray pursuant to Schedule 2 (g) of the AIM rules for companies.

ENDS

Notes to Editors:

Alumasc is a UK-based supplier of premium building products, systems and solutions. Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.

The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Water Management; Building Envelope; and Housebuilding Products.

 

END

 

 

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