Appointment of Chief Executive Officer

Autins Group PLC

04 March 2024

 

04 March 2024

Autins Group plc

(the "Company" or the "Group")

Appointment of Chief Executive Officer

Autins Group plc (AIM: AUTG), the UK and European manufacturer of the patented Neptune melt-blown material and specialist in the design, manufacture and supply of acoustic and thermal insulation solutions, is pleased to announce the appointment of Andrew ('Andy') Bloomer as Chief Executive Officer with effect from 22 April 2024. Gareth Kaminski-Cook will step down from the Board and his role of CEO at the same time.

Andy brings extensive experience of the European automotive manufacturing industry, particularly with electric vehicles and specialist fibre applications, having most recently held the role of Sales & Marketing Director EMEA - Thermal Ceramics at Main Market listed Morgan Advanced Materials plc, a role which he has held since March 2020 (initially in an interim capacity). Here he had commercial responsibility for a c.£150m division of a UK plc across entities in UK, Germany, Poland, Spain, Italy, France, United Arab Emirates & South Africa.

Since joining Morgan Advanced Materials plc in 2014, Andy has held various commercial management positions, including leading their Global Automotive business. He has also previously worked at Unipart Eberspächer, DENSO & Jaguar Land Rover.

Adam Attwood, Chair of Autins Group plc, commented:

"I am delighted to announce that Andy will be joining us as CEO.  His very relevant industry experience and commercial focus will enable us to maximise the increasing opportunities that we are currently seeing in the automotive market and accelerate our growth.

I would also like to thank Gareth personally and on behalf of the Board for his dedicated service over the past five years, resulting in the start of the recovery of the business over the past 12 months.  We all wish Gareth well in the future."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules for Companies, Andrew Robert Bloomer aged 43 is, or has been within the previous five years, a director or partner of the following companies or partnerships:

Current directorships/partnerships	Past directorships/partnerships
·      Morgan Thermal Ceramics Deutschland GmbH ·      Porextherm Dammstoffe GmbH ·      Thermal Ceramics de France Sasu ·      Thermal Ceramics Espana S.L. ·      Thermal Ceramics Italiana Srl ·      Thermal Ceramics Polska Sp. Z.o.o ·      Thermal Ceramics UK Limited	·      None

Andy Bloomer will step down as a director of the above companies ahead of his appointment to the board of Autins Group plc. There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.

For further information please contact:

Autins Group plc Gareth Kaminski-Cook, Chief Executive Kamran Munir, CFO	Via SEC Newgate
Singer Capital Markets (Nominated Adviser and Broker) James Moat / Asha Chotai	Tel: [phone]
SEC Newgate (Financial PR) Bob Huxford Molly Gretton	Tel: [phone]

About Autins

Autins is a UK and continental Europe based industrial materials technology business that specialises in the design, manufacture, and supply of acoustic and thermal products. Its key markets are automotive, flooring, office furniture and commercial vehicles where it supplies products and services to more than 160 customer locations across Europe.

Autins is the UK and European manufacturer of the patented Neptune melt-blown material and specialises in the design, manufacture, and supply of acoustic and thermal insulation solutions.

 

END