REG - 600 Group PLC - Board Changes

600Announcement

28/02/2022 07:00

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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                                     Tel: 01924 415000

 Paul Dupee, Executive Chairman

 Instinctif Partners                                   Tel: 0207 457 2020

 Tim McCall

 Cenkos Securities plc (Nominated Adviser and Broker)  Tel: 020 7397 8900

 Ben Jeynes / Max Gould (Corporate Finance)

 Alex Pollen / Henry Nicol (Sales)

 

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
(http://www.600group.com/)

 

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