Senior Management Change

RNS Number : 3286Y

Plastics Capital PLC

08 September 2015

 



Plastics Capital plc

("Plastics Capital", "Company" or the "Group")

Senior Management Change

Plastics Capital (AIM: PLA), the niche plastics products group, is pleased to announce the appointment of Jonathan Wilkinson as CEO of BNL (UK) Limited ("BNL"), a wholly owned subsidiary of the Company focused on the design and manufacture of plastic bearings.

Jonathan brings with him over 20 years of leadership experience in niche, high technology, engineering and manufacturing.  Jonathan was previously CEO of AESSEAL plc, a company specialising in the design and manufacture of mechanical seals and support systems, which employs over 400 people and sells products in more than 110 different countries.

Throughout his time at AESSEAL, Jonathan has been responsible for developing and maintaining a world class manufacturing and supply chain along with a number of international sales subsidiaries in Europe, the Middle East and Asia.

Jonathan has a first class degree in Physics, an MBA and is a graduate of the INSEAD Advanced Management Programme.

Commenting on the appointment, Faisal Rahmatallah, Executive Chairman of Plastics Capital, BNL's parent company, said:

"I am delighted to welcome Jonathan to the team and to the leadership of BNL. He brings extensive and relevant experience which will be of great value in the business and to the strong team he will lead at BNL."

For further information, please contact:

Plastics Capital plc	Tel: [phone]
Faisal Rahmatallah, Executive Chairman
Nick Ball, Finance Director
Cenkos Securities	Tel: [phone]
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited	Tel: [phone]
(Joint broker)
David Hart
Katrina Perez
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Paul Cornelius	Mob: [phone]
Helen Cresswell	Mob: [phone]

Notes to Editors

Plastics Capital is a consolidator of plastics products manufacturers focused on proprietary products for niche markets.  The Group has five factories in the UK, one in Thailand, two in China and sales offices in the USA, Japan, China and India.  Approximately 40 per cent of sales are exported to over 80 countries worldwide.  Production is concentrated in the UK where significant engineering know-how and automation underpins the Group's competitiveness.  The Group has approximately 450 employees.

Further information can be found on www.plasticscapital.com

 

END

 

 

MSCLLFLEATIDIIE