For Immediate Release |
1 October 2009 |
Plastics Capital plc
(the 'Company' or the 'Group')
Director resignation
Plastics Capital plc (AIM: PLA), the acquisitive niche plastics products group, announces that Jeremy Clarke will be resigning as an Executive Director of the Company on 1 October 2009, following completion of the organisational restructuring at Plastics Capital that commenced at the end of last year, and successful relocation of Bell Plastics to larger premises that has just completed. No replacement for Mr Clarke is being made to the Company Board.
The Board thanks Mr Clarke for his contribution to the Company and wishes him well in his future career.
Plastics Capital plc Faisal Rahmatallah, Executive Chairman Nick Ball, Finance Director |
Tel: 020 7326 8423 |
Cenkos Securities Stephen Keys Beth McKiernan |
Tel: 020 7397 8900 |
Buchanan Communications Richard Darby Christian Goodbody |
Tel: 020 7466 5000 |
Notes to Editors
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 and Japan. Approximately 50 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 285 employees.
Further information can be found on www.plasticscapital.com